Nonlinear DSGE model of the Slovak economy with time-varying
parameters

D 2014

Nonlinear DSGE model of the Slovak economy with time-varying parameters

TVRZ, Stanislav a Osvald VAŠÍČEK

Základní údaje

Originální název

Nonlinear DSGE model of the Slovak economy with time-varying parameters

Autoři

TVRZ, Stanislav a Osvald VAŠÍČEK

Vydání

Bratislava, Proceedings of the International Scientific Conference QUANTITATIVE METHODS IN ECONOMICS Multiple Criteria Decision Making XVII, od s. 292-297, 6 s. 2014

Nakladatel

Vydavateľstvo EKONÓM

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50200 5.2 Economics and Business

Stát vydavatele

Slovensko

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Odkazy

URL

Označené pro přenos do RIV

Ano

Kód RIV

RIV/00216224:14560/14:00075728

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-80-225-3868-8

UT WoS

000350272000047

Klíčová slova anglicky

nonlinear DSGE model; Great recession; monetary union; time-varying parameters; deep parameters; nonlinear particle filter; unscented particle filter

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 3. 4. 2015 15:36, Mgr. Daniela Marcollová

Anotace

V originále

In this paper, we study the changes in the structure and behaviour of the Slovak economy in a period of the accession to the euro area and the Great recession and subsequent return to the long-run equilibrium. This small and very open economy is represented by nonlinear dynamic stochastic model of a general equilibrium with financial accelerator. The development of time-varying structural parameters is identified with the use of nonlinear particle filter. It is out goal to identify the most important changes in behaviour and underlying structure of the Slovak economy. We also try to determine to what extent was the recent development of the Slovak economy influenced by fluctuating exogenous shocks and what was the relevance of the structural changes.

Návaznosti

MUNI/A/0808/2013, interní kód MU

Název: Analýza chování ekonomiky a hospodářské politiky v období recese: DSGE modely malých otevřených ekonomik s finančními frikcemi a frikcemi trhu práce (Akronym: DSGE modely otevřených ekonomik v období recese)

Investor: Masarykova univerzita, Analýza chování ekonomiky a hospodářské politiky v období recese: DSGE modely malých otevřených ekonomik s finančními frikcemi a frikcemi trhu práce, DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty

Citovat

TVRZ, Stanislav a Osvald VAŠÍČEK. Nonlinear DSGE model of the Slovak economy with time-varying parameters. In Marian Reiff, Pavel Gežík. Proceedings of the International Scientific Conference QUANTITATIVE METHODS IN ECONOMICS Multiple Criteria Decision Making XVII. Bratislava: Vydavateľstvo EKONÓM, 2014, s. 292-297. ISBN 978-80-225-3868-8.

@inproceedings{1186261,
   author = {Tvrz, Stanislav and Vašíček, Osvald},
   address = {Bratislava},
   booktitle = {Proceedings of the International Scientific Conference QUANTITATIVE METHODS IN ECONOMICS Multiple Criteria Decision Making XVII},
   editor = {Marian Reiff, Pavel Gežík},
   keywords = {nonlinear DSGE model; Great recession; monetary union; time-varying parameters; deep parameters; nonlinear particle filter; unscented particle filter},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Bratislava},
   isbn = {978-80-225-3868-8},
   pages = {292-297},
   publisher = {Vydavateľstvo EKONÓM},
   title = {Nonlinear DSGE model of the Slovak economy with time-varying parameters},
   url = {http://kove.euba.sk},
   year = {2014}
}

TY  - CONF
ID  - 1186261
AU  - Tvrz, Stanislav - Vašíček, Osvald
PY  - 2014
TI  - Nonlinear DSGE model of the Slovak economy with time-varying parameters
PB  - Vydavateľstvo EKONÓM
CY  - Bratislava
SN  - 9788022538688
KW  - nonlinear DSGE model
KW  - Great recession
KW  - monetary union
KW  - time-varying parameters
KW  - deep parameters
KW  - nonlinear particle filter
KW  - unscented particle filter
UR  - http://kove.euba.sk
N2  - In this paper, we study the changes in the structure and behaviour of the Slovak economy in a period of the accession to the euro area and the Great recession and subsequent return to the long-run equilibrium. This small and very open economy is represented by nonlinear dynamic stochastic model of a general equilibrium with financial accelerator. The development of time-varying structural parameters is identified with the use of nonlinear particle filter. It is out goal to identify the most important changes in behaviour and underlying structure of the Slovak economy. We also try to determine to what extent was the recent development of the Slovak economy influenced by fluctuating exogenous shocks and what was the relevance of the structural changes.
ER  -

TVRZ, Stanislav a Osvald VAŠÍČEK. Nonlinear DSGE model of the Slovak economy with time-varying parameters. In Marian Reiff, Pavel Gežík. \textit{Proceedings of the International Scientific Conference QUANTITATIVE METHODS IN ECONOMICS Multiple Criteria Decision Making XVII}. Bratislava: Vydavateľstvo EKONÓM, 2014, s.~292-297. ISBN~978-80-225-3868-8.

Přehled o publikaci