| bibtype |
V -
Research Report
|
| ARLID |
0474241 |
| utime |
20240103214019.7 |
| mtime |
20170428235959.9 |
| title
(primary) (eng) |
The Term Structure of Interest Rates in a Small Open Economy DSGE Model with Markov Switching |
| publisher |
| place |
Örebro |
| name |
Örebro University |
| pub_time |
2014 |
|
| specification |
| page_count |
32 s. |
| media_type |
E |
|
| edition |
| name |
FinMaP Working Paper |
| volume_id |
22 |
|
| author
(primary) |
| ARLID |
cav_un_auth*0274257 |
| name1 |
Horváth |
| name2 |
Roman |
| full_dept (cz) |
Ekonometrie |
| full_dept (eng) |
Department of Econometrics |
| department (cz) |
E |
| department (eng) |
E |
| institution |
UTIA-B |
| full_dept |
Department of Econometrics |
| fullinstit |
Ústav teorie informace a automatizace AV ČR, v. v. i. |
|
| author
|
| ARLID |
cav_un_auth*0322930 |
| name1 |
Maršál |
| name2 |
Aleš |
| full_dept (cz) |
Ekonometrie |
| full_dept |
Department of Econometrics |
| department (cz) |
E |
| department |
E |
| institution |
UTIA-B |
| full_dept |
Department of Econometrics |
| fullinstit |
Ústav teorie informace a automatizace AV ČR, v. v. i. |
|
| source |
|
| cas_special |
| abstract
(eng) |
We lay out a small open economy dynamic stochastic general equilibrium (DSGE) model with\nMarkov switching to study the term structure of interest rates. We extend the previous models by\nopening up the economy and adding a foreign demand channel. As a result, we explain the term\nstructure of Czech interest rates and that the open economy version of the model fits reasonably\nwell the period after the adoption of inflation targeting, which was characterized by two regimes: 1)a disinflation regime and 2) a price stability regime. |
| reportyear |
2018 |
| mrcbC52 |
4 O 4o 20231122142418.7 |
| inst_support |
RVO:67985556 |
| permalink |
http://hdl.handle.net/11104/0271367 |
| confidential |
S |
| arlyear |
2014 |
| mrcbTft |
\nSoubory v repozitáři: 0474241.pdf |
| mrcbU10 |
2014 |
| mrcbU10 |
Örebro Örebro University |
|