This paper presents cointegration analyses of the import and export functions of the Czech Republic in 1993-1998 by identifying the main variable factors and estimating the long-run equilibrium relationship of Czech foreign trade functions. A long-run equilibrium relationship was found in the...

In this article we estimate a small dynamic factor model (DFM) for the short-term forecasting of Slovak GDP. The model predicts the developments of real activity in the next two quarters on the basis of monthly data, which are published earlier than GDP. The regular release of various monthly...

In this article we estimate a small dynamic factor model (DFM) for the short-term forecasting of Slovak GDP. The model predicts the developments of real activity in the next two quarters on the basis of monthly data, which are published earlier than GDP. The regular release of various monthly...

Forex je najväčším trhom súčasnosti. V nasledovnom článku sa v skrátenej forme zaoberám históriou vývoja mien, začiatkami výmeny jednotlivých platidiel medzi sebou a ich väzbou na drahé kovy. Cieľom článku je analýza súčasného obchodovania so zahraničnými menami a...