Original title: Economic research bulletin (2008, No.2)
Authors: Česká národní banka
Document type: Trade print
ISSN: 1803-7089
Year: 2008
Language: eng
Abstract: This issue of the CNB Research Bulletin is devoted to recent articles further enriching the current scope of theoretical frameworks, in particular dynamic stochastic general equilibrium (DSGE) models. DSGE models reflect the maximisation of the objectives of households and firms. The advantage of this approach is that it summarises the view of economic agents in a theoretically coherent way and imposes discipline on the interpretation of economic behaviour. The first three articles address the issue of optimal monetary policy strategy. Monetary policy rules and subsequent welfare analyses are central in their contribution to the literature. The fourth article deals with long-run trends.
Keywords: Czech national bank; economic research; economy; forecasting; monetary policy; ekonomický výzkum; ekonomika; monetární politika; prognostika
Rights: This work is protected under the Copyright Act No. 121/2000 Coll.

Institution: The Czech National Bank (web)
External URL: http://www.cnb.cz/en/research/research_publications/erb/index.html

Permalink: http://www.nusl.cz/ntk/nusl-124085


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Miscellaneous > The Czech National Bank
Trade literature > Trade print