Home > Search Results: keywords:"peněžní multiplikátor"
Search:
Search Tips :: Advanced Search
Search collections:
Sort by: Display results: Output format:
National Repository of Grey Literature 1 records found  Search took 0.00 seconds. 
Money multiplier and its predictability in Czech Republic
 Maxa, David ; Potužák, Pavel (advisor) ; Chytilová, Helena (referee)
This paper examines the stability of money multiplier. The main aim is to verify the stationarity of money multiplier and evaluate the accuracy of its forecasts in Czech Republic. The stationarity of the time series is tested by augmented Dickey-Fuller and KPSS tests. Special unit root tests taking account for structural changes are also employed. The results indicate that all money multiplier time series are non-stationary at levels. The predictions are based on ARIMA models identified via Box-Jenkins methodology. The accuracy of predictions is measured by the range of prediction intervals. The range of 95% confidence prediction intervals varies from 0.5 to 1 based on the type of money multiplier. The accuracy of predictions cannot be labeled as highly precise.
Detailed record

Interested in being notified about new results for this query?
Subscribe to the RSS feed.
Digital Repository :: Search :: Submit :: Personalize :: Help
Powered by Invenio v1.1.2
Maintained by admin.invenio@techlib.cz
This site is also available in the following languages:
Česky  English