| bibtype |
J -
Journal Article
|
| ARLID |
0449955 |
| utime |
20240103211121.5 |
| mtime |
20151208235959.9 |
| WOS |
000334185400002 |
| SCOPUS |
84898717528 |
| DOI |
10.1007/s00181-013-0699-0 |
| title
(primary) (eng) |
Evaluating changes in the monetary transmission mechanism in the Czech Republic |
| specification |
| page_count |
16 s. |
| media_type |
P |
|
| serial |
| ARLID |
cav_un_epca*0293026 |
| ISSN |
0377-7332 |
| title
|
Empirical Economics |
| volume_id |
46 |
| volume |
3 (2014) |
| page_num |
827-842 |
| publisher |
|
|
| keyword |
monetary transmission |
| keyword |
Sign restrictions |
| keyword |
Time-varying parameters |
| author
(primary) |
| ARLID |
cav_un_auth*0215562 |
| name1 |
Franta |
| name2 |
M. |
| country |
CZ |
| share |
33 |
|
| author
|
| ARLID |
cav_un_auth*0274257 |
| name1 |
Horváth |
| name2 |
Roman |
| full_dept (cz) |
Ekonometrie |
| full_dept |
Department of Econometrics |
| department (cz) |
E |
| department |
E |
| institution |
UTIA-B |
| full_dept |
Department of Econometrics |
| garant |
K |
| share |
34 |
| fullinstit |
Ústav teorie informace a automatizace AV ČR, v. v. i. |
|
| author
|
| ARLID |
cav_un_auth*0286935 |
| name1 |
Rusnák |
| name2 |
M. |
| country |
CZ |
| share |
33 |
|
| source |
|
| cas_special |
| project |
| project_id |
GA402/09/0965 |
| agency |
GA ČR |
| ARLID |
cav_un_auth*0253176 |
|
| abstract
(eng) |
We investigate the evolution of the monetary policy transmission mechanism in the Czech Republic over the course of the 1996–2010 time period through the use of a time-varying parameters Bayesian vector autoregression model with stochastic volatility. We evaluate whether the response of GDP and the price level to exchange rate or interest rate shocks has changed over time, focusing on the period of the recent financial crisis. Our results suggest that prices have become increasingly responsive to monetary policy shocks. However, in terms of credible intervals, the stability of the monetary policy transmission mechanism in the Czech Republic cannot be rejected. Furthermore, it is demonstrated that the exchange rate pass-through has largely remained stable over time. |
| reportyear |
2016 |
| RIV |
AH |
| num_of_auth |
3 |
| inst_support |
RVO:67985556 |
| permalink |
http://hdl.handle.net/11104/0253187 |
| confidential |
S |
| mrcbT16-e |
ECONOMICS|SOCIALSCIENCESMATHEMATICALMETHODS |
| mrcbT16-j |
0.449 |
| mrcbT16-s |
0.649 |
| mrcbT16-4 |
Q1 |
| mrcbT16-B |
28.096 |
| mrcbT16-C |
30.972 |
| mrcbT16-D |
Q3 |
| mrcbT16-E |
Q2 |
| arlyear |
2014 |
| mrcbU14 |
84898717528 SCOPUS |
| mrcbU34 |
000334185400002 WOS |
| mrcbU63 |
cav_un_epca*0293026 Empirical Economics 0377-7332 1435-8921 Roč. 46 č. 3 2014 827 842 Heidelberg Physica |
|