Original title:
Modeling Kazakhstan
Authors:
Cincibuch, M. ;
Kejak, Michal ;
Vávra, D. ;
Auda, O. ;
Aslanyan, Gurgen ;
Baksa, D. ;
Bečičková, Hana ;
Daniš, P. ;
Hřebíček, Hynek ;
Janjgava, Batlome ;
Kacer, R. ;
Kameník, O. ;
Konopecký, F. ;
Lukáč, J. ;
Mirzoyan, Armen ;
Motl, Tomáš ;
Musil, K. ;
Plotnikov, S. ;
Remo, A. ;
Szilágyi, K. ;
Vlček, J.
Document type: Research reports
Year:
2013
Language:
eng
Abstract:
The report has two chapters. Chapter 1 describes the structural model lies at the heart of the FPAS. It summarizes the main features of the Kazah economy relevant for building the structural model and describes in detail the most distinctive parts of the model. The chapter concludes with an analysis of the model properties and an interpretation of past economic developments in Kazakhstan through the optic of the model. Chapter 2 evaluates how the FPAS performs empirically. The forecasting power is as- sessed by in-sample comparison with the standard random-walk benchmark. We con- clude that the FPAS performs satisfactorily in this comparison.
Keywords:
forecasting and policy analysis system ;
Kazakhstan
Project no.: LF11018 (
CEP )
Funding provider: GA MŠk
Institution: Economics Institute AS ČR
(
web )
Document availability information: Fulltext is available at the institute of the Academy of Sciences.
Original record: http://hdl.handle.net/11104/0232291
Permalink: http://www.nusl.cz/ntk/nusl-172550
The record appears in these collections: Research > Institutes ASCR > Economics Institute Reports > Research reports