"14560" . "Va\u0161\u00ED\u010Dek, Osvald" . . . "Nakladatelstv\u00ED Gaudeamus Univerzity Hradec Kr\u00E1lov\u00E9" . . . . "P(1M0524)" . "The paper introduces a New Keynesian DSGE model that describes the inflation targeting policy in the Czech economy. This model is based strictly on microfoundations and consists of representative finished and intermediate goods-producing firms, representative households and a cetral bank. The central bank implements its policy according to the generalized Taylor rule. A suitable method for solving the model is the Kalman filter evaluating a likelihood function and the Kalman smoother evaluating a time series of a smoothed estimate of the unobserved variable (target inflation). The model seems to give an approximation of the behavior of the Czech economy." . "2005-09-14+02:00"^^ . "Musil, Karel" . . . "[FAA34E82772F]" . "The paper introduces a New Keynesian DSGE model that describes the inflation targeting policy in the Czech economy. This model is based strictly on microfoundations and consists of representative finished and intermediate goods-producing firms, representative households and a cetral bank. The central bank implements its policy according to the generalized Taylor rule. A suitable method for solving the model is the Kalman filter evaluating a likelihood function and the Kalman smoother evaluating a time series of a smoothed estimate of the unobserved variable (target inflation). The model seems to give an approximation of the behavior of the Czech economy."@en . . "DSGE model; New Keynesian model; monetary policy; Taylor rule; inflation targeting; rational expectations; Kalman filter with likelihood function; Kalman filter smoother"@en . . "A Model Interpretation of the Czech Inflation Targeting and the Monetary Policy" . "2"^^ . "A Model Interpretation of the Czech Inflation Targeting and the Monetary Policy"@en . . . "2"^^ . "6"^^ . . . "Proceedings of the 23rd International Conference Mathematical Methods in Economics 2005" . "A Model Interpretation of the Czech Inflation Targeting and the Monetary Policy"@en . "80-7041-535-5" . . "RIV/00216224:14560/05:00013988!RIV10-MSM-14560___" . . . . . "Hradec Kr\u00E1lov\u00E9" . "Hradec Kr\u00E1lov\u00E9" . "510908" . "A Model Interpretation of the Czech Inflation Targeting and the Monetary Policy" . . . . "RIV/00216224:14560/05:00013988" . .