Showing 1 - 10 of 55
This paper uses a specific experiment — „voucher privatization“ in the former Czechoslovakia — to test the permanent income hypothesis of consumer behavior. Voucher privatization (the mass privatization of state-owned assets through publicly offered vouchers) led to an unexpected...
Persistent link: https://www.econbiz.de/10008549927
both for each single country separately and for the whole panel. …
Persistent link: https://www.econbiz.de/10005036648
The study is focused on macroeconomic stability of the Czech economy. The first part (methodological) stems from the system of national accounting which offers two approaches: from the point of view of relationship between domestic supply and demand and between savings and investments....
Persistent link: https://www.econbiz.de/10005036641
The paper analyses the intertemporal approach to the balance of payments which is based on the intertemporal approach to the relation between domestic saving and investment. A key element of the presented analysis is whether world capital mobility is high enough to hold a condition that the...
Persistent link: https://www.econbiz.de/10005036654
The paper emphasizes how changes in credit conditions in the Czech Republic are likely to influence aggregate consumption. Aggregate consumption plays an important role in macroeconomic fluctuations and in the transmission mechanism. Czech household debt has increased in the past five years. The...
Persistent link: https://www.econbiz.de/10008549889
Panel data are a result of repeating observations of a group of units, e.g. households, firms, but also whole economies …
Persistent link: https://www.econbiz.de/10005036295
Panel data are specific data where cases are observed at two or more time periods. This approach brings many advantages …: larger dataset, decreasing collinearity between exogenous variables and using advanced econometric models. The panel data … econometric models with panel data. …
Persistent link: https://www.econbiz.de/10005036358
Panel data are increasingly being used in both macro- and micro-level studies of economic problems. Macro-panel data (i … denotes countries) are characteristic by sufficiently long time series to be able to analyze panel spurious regression and … panel cointegration. According to the main stream of the economic theory the budget deficits leads to deterioration in the …
Persistent link: https://www.econbiz.de/10005036639
1991-2007. A method taken for the evaluation was a panel-corrected standard errors regression with fixed effects applied on …
Persistent link: https://www.econbiz.de/10008509953
The article deals with the export credit promotion in the Czech Republic. The econometric analysis of the gravity model of Czech trade shows that the credit support provided by specialized government agency, Czech Export Bank, has a positive but statistically weak influence on export. The other...
Persistent link: https://www.econbiz.de/10008553106