Project information
Effect of monetary policy and exogenous shocks on a small open economy
- Project Identification
- GA402/02/0393
- Project Period
- 1/2002 - 12/2004
- Investor / Pogramme / Project type
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Czech Science Foundation
- Standard Projects
- MU Faculty or unit
- Faculty of Economics and Administration
- Cooperating Organization
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Charles University
- Responsible person doc. Ing. Michal Kejak, M.A., CSc.
- Responsible person prof. Ing. Vladimír Havlena, CSc.
The aim of the project is an investigation of the impact of available monetary monetary policies on the behavior of the small open economy. The topic of interest will be the feasibility of monetary rules tending to the stabilization of inflation and of the price level. The possibilities of the economic growth will be followed through the unobservable potential variables (NAIRU-Non-Accelerating Inflation Rate of Unemployment and NAIP-Non Accelerating Inflation Product).The impact of expectations for the future development of relevant economic variables will be considered as well.
Publications
Total number of publications: 27
2004
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A Macroeconomic model and stability analysis by parameters
International Advances in Economic Research, year: 2004, volume: 10, edition: 4
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Analysis of the open macroeconomy model with rational expectations
Bulletin České ekonometrické společnosti, year: 2004, volume: vol. 11, edition: 20
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Application of the constrained Kalman filter in a monetary policy area
Summer School Datastat03 ,Proceedings, Folia Fac.Sci.Nat.Univ.Masaryk.Brunensis,Mathematica 15, year: 2004
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Estimation of alternative monetary policy rules and their comparison
Bulletin České ekonometrické společnosti, year: 2004, volume: vol. 11, edition: 20
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Estimation of the Czech Economy Monetary Policy Rule under Discretion
DATASTAT 2003 Proceedings, year: 2004
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Estimation of the Monetary Policy Model by the Kalman Filter and the Bootstrap Filter
Mathematical Methods in Economics 2004, year: 2004
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Evaluace predikcí daňových výnosů v ČR
Year: 2004, type: Appeared in Conference without Proceedings
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Macroeconomic model and stability analysis
Year: 2004, type:
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Mathematical Methods in Economics 2004
Year: 2004, type: Conference
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Model Identification of Closed Economy with Rational Expectations
DATASTAT 2003 Proceedings, year: 2004