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Česká ekonomika v makroekonomických modelech
JEL classification:
C5, E1
Keywords:
econometric modelling, macroeconomic models
Abstract
The introduction to Volume 52, Number 4 (and 5) of Finance a uver’s selected topic:
macroeconomic modelling in the Czech Republic. The authors introduce the issue with
a survey of macroeconomic modelling in Czech economic literature. The journal’s articles
are mostly devoted to the results of the long-term activities of the Czech National
Bank’s monetary department and its external collaborates. Five papers are introduced
that consider key Czech National Bank macroeconomic modeling tools: quarterly projection
models, small macroeconomic models with interest-rate term structures, models
estimating potential product via augmented Phillips curve, and estimates of the parameters
of a small open-economy monetary model via the maximum-likelihood method.