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  • This paper focuses on the business cycle development of Czech and Slovak economies. The main objective is to compare several methodological approaches to identify business cycles with the main theoretical sources of the economic activity movements in the analyzed periods. As both economies are of transition type, the growth business cycle concept will be considered. In this respect, deterministic as well as stochastic methods for obtaining cyclical fluctuations are applied. Czech and Slovak economies fall into the group of transition economies where the problems of insufficient number of observations and structural changes in empirical time series analysis occur. Even if there are many similarities in the institutions of both economies, the authors identified different regular periodicities of the waves. The used frequency analysis is slightly unique approach of business cycle modeling. The analysis of business cycles movements has significant potential to improve economic policy efficiency.
  • This paper focuses on the business cycle development of Czech and Slovak economies. The main objective is to compare several methodological approaches to identify business cycles with the main theoretical sources of the economic activity movements in the analyzed periods. As both economies are of transition type, the growth business cycle concept will be considered. In this respect, deterministic as well as stochastic methods for obtaining cyclical fluctuations are applied. Czech and Slovak economies fall into the group of transition economies where the problems of insufficient number of observations and structural changes in empirical time series analysis occur. Even if there are many similarities in the institutions of both economies, the authors identified different regular periodicities of the waves. The used frequency analysis is slightly unique approach of business cycle modeling. The analysis of business cycles movements has significant potential to improve economic policy efficiency. (en)
Title
  • Business cycle development in Czech and Slovak economies
  • Business cycle development in Czech and Slovak economies (en)
skos:prefLabel
  • Business cycle development in Czech and Slovak economies
  • Business cycle development in Czech and Slovak economies (en)
skos:notation
  • RIV/62156489:43110/10:00157884!RIV11-MSM-43110___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • Z(MSM6215648904)
http://linked.open...iv/cisloPeriodika
  • V
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
  • 249399
http://linked.open...ai/riv/idVysledku
  • RIV/62156489:43110/10:00157884
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • economic activity; stochastic cycles; output cyclicality; harmonic analysis; business cycle (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • RO - Rumunsko
http://linked.open...ontrolniKodProRIV
  • [1412D9F42E41]
http://linked.open...i/riv/nazevZdroje
  • Bulletin of the Transilvania University of Brasov
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 52
http://linked.open...iv/tvurceVysledku
  • Kapounek, Svatopluk
  • Poměnková, Jitka
http://linked.open...n/vavai/riv/zamer
issn
  • 2065-2194
number of pages
http://localhost/t...ganizacniJednotka
  • 43110
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