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  • The paper deals with the cash-in-advance (CIA) dynamic stochastic general equilibrium macroeconomic model. The CIA models incorporate money into the neoclassical DSGE framework in order to analyze monetary issues and the business cycles. The CIA approach stresses the medium-of-exchange function of money. Money is directly used to purchase consumption goods. First part of the paper describes the CIA model. Then, the model is solved. Model parameters are estimated with Bayesian technique on the quarterly Czech economy data. The final part investigates estimation results and impulse responses for the Czech economy.
  • The paper deals with the cash-in-advance (CIA) dynamic stochastic general equilibrium macroeconomic model. The CIA models incorporate money into the neoclassical DSGE framework in order to analyze monetary issues and the business cycles. The CIA approach stresses the medium-of-exchange function of money. Money is directly used to purchase consumption goods. First part of the paper describes the CIA model. Then, the model is solved. Model parameters are estimated with Bayesian technique on the quarterly Czech economy data. The final part investigates estimation results and impulse responses for the Czech economy. (en)
Title
  • DSGE Monetary Business Cycle Model
  • DSGE Monetary Business Cycle Model (en)
skos:prefLabel
  • DSGE Monetary Business Cycle Model
  • DSGE Monetary Business Cycle Model (en)
skos:notation
  • RIV/00216224:14560/07:00020460!RIV10-GA0-14560___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • P(1M0524), P(GA402/05/2172)
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 418210
http://linked.open...ai/riv/idVysledku
  • RIV/00216224:14560/07:00020460
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • DSGE model; cash-in-advance approach; Bayesian estimation; Metropolis Hastings algorithm (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [701E5BA2592A]
http://linked.open...v/mistoKonaniAkce
  • Ostrava
http://linked.open...i/riv/mistoVydani
  • Ostrava
http://linked.open...i/riv/nazevZdroje
  • Proceedings of the 25th International Conference Mathematical Methods in Economics 2007
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Polanský, Jiří
  • Vašíček, Osvald
http://linked.open...vavai/riv/typAkce
http://linked.open...ain/vavai/riv/wos
  • 000262102500037
http://linked.open.../riv/zahajeniAkce
number of pages
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  • Vysoká škola báňská - Technická univerzita Ostrava
https://schema.org/isbn
  • 978-80-248-1457-5
http://localhost/t...ganizacniJednotka
  • 14560
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