Monetární DSGE modely zemí Visegrádské čtyřky a Eurozóny
| Title in English | Monetary DSGE Models for the Visegrad countries and the Euro area |
|---|---|
| Authors | |
| Year of publication | 2007 |
| Type | Chapter of a book |
| MU Faculty or unit | |
| Citation | |
| Description | The chapter deals with the analysis of the cash-in-advance dynamic stochastic general equilibrium macroeconomic model for Visegrad countries and the Euro Area. The model is derived from micro foundations and estimated with Markov Chain Metropolis-Hastings algorithm on the real data of 5 analyzed economies. The analysis of estimated structural parameters and their comparison between model economies is carried out on the basis of estimation results. Model behavior is analyzed on the basis of impulse response functions. |
| Related projects: |