National Repository of Grey Literature 87 records found  beginprevious21 - 30nextend  jump to record: Search took 0.01 seconds. 
Short-term forecasting of czech quarterly GDP using monthly indicators
Arnoštová, Kateřina ; Havrlant, David ; Růžička, Luboš ; Tóth, Peter
Writers evaluate the out-of-sample forecasting performance of six competing models at horizons of up to three quarters ahead in a pseudo-real time setup. All the models use information in monthly indicators released ahead of quarterly GDP.
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Does money help predict inflation?: an empirical assessment for central Europe
Horváth, Roman ; Komárek, Luboš ; Rozsypal, Filip
This paper investigates the predictive ability of money for future inflation in the Czech Republic, Hungary, Poland, and Slovakia. Writers construct monetary indicators similar to those the ECB regularly uses for monetary analysis.
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Implementing the new structural model of the Czech national bank
Andrle, Michal ; Hlédik, Tibor ; Kameník, Ondra ; Vlček, Jan
The purpose of the paper is to introduce the new "g3" structural model of the Czech National Bank and illustrate how it is used for forecasting and policy analysis. In the paper writers highlight the most important and unusual features of the model and discuss tools and procedures that help us in forecasting and assessing the economy with the model.
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Inflation targeting and communication: Should the public read inflation reports or tea leaves?
Bulíř, Aleš ; Šmídková, Kateřina ; Kotlán, Viktor ; Navrátil, David
Using a simple forward-looking policy rule and an assessment of inflation reports, writers provide a new methodology for the empirical evaluation of consistency in central bank communication.
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An economy in transition and DSGE: What the Czech national bank's new projection model needs
Beneš, Jaromír ; Hlédik, Tibor ; Kumhof, Michael ; Vávra, David
This paper documents the advances in the ongoing research aimed at developing a DSGE small open economy model designed to capture some of the most important features of the Czech economy—both the business-cycle regularities and the recent developments associated with the economy’s transition and its convergence towards the industrialized European countries. The model in its current form is able to capture trends in relative prices, allow for medium-convergence in expenditure shares, and deal with the undercapitalization and investment inflow issues.
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