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This paper begins with a description of simple select models of inflation and their ability to fit the data. The paper … assign the best-forecast performance to the modified version of the P-star model of inflation for a small, open economy. …
Persistent link: https://www.econbiz.de/10008540713
Contemporary economic development in following global markets advancement evokes needs to look for new methods supporting all processes enabling domestic and foreign business activities. Internet and e-commerce systems exploitation is considered to be a standard here. Various modeling techniques...
Persistent link: https://www.econbiz.de/10015218986
Kooperativní chování je nezbytnou podmínkou pro existenci moderních komplexních společenství a ekonomik, jak je známe dnes. Z pohledu společenských věd je proto zajímavé porozumnět, jak takové chování může převažovat i v situacích, kdy jednoduchá úvaha vede k opačnému...
Persistent link: https://www.econbiz.de/10005808659
This paper considers various options replication methods. Firstly, a specific type of barrier option, an up-and-out call, is considered. Other barrier options are briefly also described, and various types of barriers are considered. Secondly, a general definition of replication methods is...
Persistent link: https://www.econbiz.de/10008549672
Kooperativní chování je nezbytnou podmínkou pro existenci moderních komplexních společenství a ekonomik, jak je známe dnes. Z pohledu společenských věd je proto zajímavé porozumnět, jak takové chování může převažovat i v situacích, kdy jednoduchá úvaha vede k opačnému...
Persistent link: https://www.econbiz.de/10010322255
Persistent link: https://www.econbiz.de/10003790270
appeared. In this paper two models of the conditional heteroskedasticity - fractionally integrated GARCH (FIGARCH) and EWMA are … by Kupiec´s test, TUFF and Christoffersen´s test. These tests demonstrate, that the FIGARCH model is a suitable …
Persistent link: https://www.econbiz.de/10009294290
The interconnections within food, biofuel and fossil fuel markets are first described in the context of biofuels technologies and economic policy framework. Consequently, the econometric analysis consisting of Johansen cointegration, error correction model, vector autoregression and Granger...
Persistent link: https://www.econbiz.de/10015235445
Modifying IS-MP-IA model by using EU economic characteristics allows for better interpretation of the results. Specifically, from the point of view of the IS and MP curves we obtain useful information about the influence of EU economy on the Czech economy (i.e. on its GDP). We may conclude that...
Persistent link: https://www.econbiz.de/10005036446
liquid stocks at Czech capital market. In most cases, symmetric GARCH(1,1) models are quite satisfactory. Further, ARFIMA …
Persistent link: https://www.econbiz.de/10005036485