Original title:
Analysis of External Economic Stability of the Czech Rebulic
Authors:
Kuncl, Martin ; Žamberský, Pavel (advisor) ; Taušer, Josef (referee) Document type: Master’s theses
Year:
2008
Language:
eng Publisher:
Vysoká škola ekonomická v Praze Abstract:
The purpose of this paper is to analyse external economic stability of the Czech Republic. The external economic stability is defined and basic theory related to especially intertemporal approach to external balances is reviewed. Special consideration is given to the transition character of the economy. The descriptive as well as econometric analysis (VAR and cointegration models) find that the Czech Republic is not dangerously imbalanced. A potential threat is found to be reresented by government budget deficits due to the problem of twin deficits.
Keywords:
cointegration analysis; Czech Republic; external economic stability; intertemporal approach
Institution: University of Economics, Prague
(web)
Document availability information: Available in the digital repository of the University of Economics, Prague. Original record: http://www.vse.cz/vskp/eid/5769