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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Monetary Policy Application of the Constrained Kalman Filter
Mathematical Methods in Economics 2004, year: 2004
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Path models with latent variables in the AMOS-LISREL computing system
DATASTAT 2003 Proceedings, year: 2004
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The Concept of Flexibility and Generalized Nonlinear Functional Forms
Mathematical Methods in Economics 2004, year: 2004
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Wage and price Phillips curve
Mathematical Methods in Economics 2004, year: 2004
2003
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Analýza dynamické stability monetárního pravidla
Transformace hospodářství ČR před vstupem do EU, year: 2003
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Aplikace modelu monetární politiky na českou ekonomiku
MendelNET 2003 - Sborník příspěvků z konference studentů doktorského studia, year: 2003
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Dynamická stabilita makroekonomického systému
Kvantitatívne metódy v ekonómii-kompatibilita metodológie a praxe s podmienkami Európskej únie, year: 2003
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Kalman Filter Modification for Identification Stochastic Economic Systems with Unobserved and Nonstationary Variables
INTERNATIONAL CARPATHIAN CONTROL CONFERENCE-ICCC 2003, year: 2003
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Model of Closed Economy with Rational Expectations
Mathematical Methods in Economics 2003, year: 2003
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Monetární politika: diskrece versus pravidla
MendelNet 2002/3, 1. díl - sekce ekonomie, year: 2003