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Evaluating the performance of an estimated DSGE model for the Czech economy
SYS 0043919 LBL 00000naa-a22^^^^^7i-4500 003 CZ-HkUHK 005 20171018114229.3 008 171001s2016----xr-||||||||||-10|-0-eng-d 040 $a HKD002 $b cze $e rda 072 $2 Konspekt $a 33 $x Ekonomie $9 4 $T . $7 hk_us_auth*m0351095 100 1-
$7 hk_us_auth*0092916 $a Pápai, Adam $4 aut 245 10
$a Evaluating the performance of an estimated DSGE model for the Czech economy / $c Adam Pápai 300 $b 11 grafů, 2 tabulky 336 $a text $b txt $2 rdacontent 337 $a bez média $b n $2 rdamedia 337 $a počítač $b c $2 rdamedia 338 $a svazek $b nc $2 rdacarrier 338 $a online zdroj $b cr $2 rdacarrier 520 3-
$a This paper investigates the behaviour of the Czech economy using a new Keynesian dynamic stochastic general equilibrium model for a small open economy. The goal is to assess the degree of rigidities in the Czech labour market. To achieve this goal, we estimate a model containing labour market frictions in form of search and matching processes, vacancy creation costs and wage adjustment costs. Furthermore, we evaluate the model’s ability to capture the development of the observed variables in the examined period from 1999Q1 to 2015Q2. We compute conditional forecasts and stochastic simulations, which are then used for moment and correlation comparisons and calculation of the Beveridge curve. Our findings suggest, that there are some frictions in the Czech economy. According to our results, the model performed partially well. 530 $a Dostupné též v elektronické podobě 650 07
$7 hk_us_auth*0009026 $a trh práce $z Česko $2 czenas 650 04
$7 hk_us_auth*m0034988 $a ekonomika $z Česko 650 07
$7 hk_us_auth*0071872 $a makroekonomická analýza $z Česko $y 1999-2015 $2 czenas 650 04
$7 hk_us_auth*0014377 $a ekonomicko-matematické modely $z Česko $y 1999-2015 651 -7
$7 hk_us_auth*m0039979 $a Česko $x hospodářské poměry $y 1999-2015 $2 czenas 655 -4
$7 hk_us_auth*0008276 $a články ze sborníku 773 0-
$w hk_us_cat*0041547 $a Hradecké ekonomické dny $t Hradec Economic Days $h 411 s. $d Hradec Králové: University of Hradec Králové, 2016 $x 2464-6059 $z 978-80-7435-634-6 $7 m2am $g S. 308-315 (tištěný sborník), s. 763-770 (online zdroj) 856 41
$u http://fim2.uhk.cz/hed/data/proceedings_2016_1.pdf $y Elektronická verze 910 $a HKD002 $t rm
Number of the records: 1