This HTML5 document contains 44 embedded RDF statements represented using HTML+Microdata notation.

The embedded RDF content will be recognized by any processor of HTML5 Microdata.

Namespace Prefixes

PrefixIRI
n13http://linked.opendata.cz/ontology/domain/vavai/riv/typAkce/
dctermshttp://purl.org/dc/terms/
n17http://purl.org/net/nknouf/ns/bibtex#
n3http://localhost/temp/predkladatel/
n18http://linked.opendata.cz/resource/domain/vavai/riv/tvurce/
n8http://linked.opendata.cz/resource/domain/vavai/projekt/
n20http://linked.opendata.cz/ontology/domain/vavai/
n19https://schema.org/
shttp://schema.org/
n6http://linked.opendata.cz/resource/domain/vavai/vysledek/RIV%2F00216224%3A14560%2F06%3A00016202%21RIV10-GA0-14560___/
skoshttp://www.w3.org/2004/02/skos/core#
n4http://linked.opendata.cz/ontology/domain/vavai/riv/
n2http://linked.opendata.cz/resource/domain/vavai/vysledek/
rdfhttp://www.w3.org/1999/02/22-rdf-syntax-ns#
n5http://linked.opendata.cz/ontology/domain/vavai/riv/klicoveSlovo/
n21http://linked.opendata.cz/ontology/domain/vavai/riv/duvernostUdaju/
xsdhhttp://www.w3.org/2001/XMLSchema#
n15http://linked.opendata.cz/ontology/domain/vavai/riv/jazykVysledku/
n11http://linked.opendata.cz/ontology/domain/vavai/riv/aktivita/
n16http://linked.opendata.cz/ontology/domain/vavai/riv/druhVysledku/
n9http://linked.opendata.cz/ontology/domain/vavai/riv/obor/
n12http://reference.data.gov.uk/id/gregorian-year/

Statements

Subject Item
n2:RIV%2F00216224%3A14560%2F06%3A00016202%21RIV10-GA0-14560___
rdf:type
skos:Concept n20:Vysledek
dcterms:description
This paper illustrates behaviour of two models estimated on the Czech economy data. Presented models are DSGE models with monetary policy rule, inflation targeting and rational expectations. The first model is a forward-looking closed economy model with Taylor rule. The second model is a small scale new open economy forward-looking model also with Taylor rule. Both models are estimated by Bayesian estimation technique, concretely by the Metropolis-Hastings algorithm in Matlab. The estimation of the closed economy model does not represent any larger problem because the model is very robust. The open economy model better represents the Czech economy, but the estimation is more disputable. Important results of the estimation are discussed and illustrated in graphs. This paper illustrates behaviour of two models estimated on the Czech economy data. Presented models are DSGE models with monetary policy rule, inflation targeting and rational expectations. The first model is a forward-looking closed economy model with Taylor rule. The second model is a small scale new open economy forward-looking model also with Taylor rule. Both models are estimated by Bayesian estimation technique, concretely by the Metropolis-Hastings algorithm in Matlab. The estimation of the closed economy model does not represent any larger problem because the model is very robust. The open economy model better represents the Czech economy, but the estimation is more disputable. Important results of the estimation are discussed and illustrated in graphs.
dcterms:title
Bayesian Estimation of Closed and Open Czech Economy Model Bayesian Estimation of Closed and Open Czech Economy Model
skos:prefLabel
Bayesian Estimation of Closed and Open Czech Economy Model Bayesian Estimation of Closed and Open Czech Economy Model
skos:notation
RIV/00216224:14560/06:00016202!RIV10-GA0-14560___
n4:aktivita
n11:P
n4:aktivity
P(GA402/05/2172)
n4:dodaniDat
n12:2010
n4:domaciTvurceVysledku
n18:1934457
n4:druhVysledku
n16:D
n4:duvernostUdaju
n21:S
n4:entitaPredkladatele
n6:predkladatel
n4:idSjednocenehoVysledku
466655
n4:idVysledku
RIV/00216224:14560/06:00016202
n4:jazykVysledku
n15:eng
n4:klicovaSlova
macroeconomic model; DSGE model; closed economy; open economy; Taylor rule; Bayesian estimation; Metropolis-Hastings algorithm
n4:klicoveSlovo
n5:Taylor%20rule n5:macroeconomic%20model n5:open%20economy n5:DSGE%20model n5:Bayesian%20estimation n5:closed%20economy n5:Metropolis-Hastings%20algorithm
n4:kontrolniKodProRIV
[2DC822D5472F]
n4:mistoKonaniAkce
Plzeň
n4:mistoVydani
Plzeň
n4:nazevZdroje
Mathematical Methods in Economics 2006
n4:obor
n9:AH
n4:pocetDomacichTvurcuVysledku
1
n4:pocetTvurcuVysledku
1
n4:projekt
n8:GA402%2F05%2F2172
n4:rokUplatneniVysledku
n12:2006
n4:tvurceVysledku
Fitzová, Hana
n4:typAkce
n13:CST
n4:wos
000262064700014
n4:zahajeniAkce
2006-01-01+01:00
s:numberOfPages
7
n17:hasPublisher
Západočeská univerzita v Plzni
n19:isbn
80-7043-480-5
n3:organizacniJednotka
14560