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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....
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and disadvantages. Further results and benefits of application of Monte Carlo simulation in risk analysis of investment …
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Volatility of the financial time series belongs to the crucial estimated parameters in finance (e.g. in risk management …-distribution and used to the calculation of the 1-day 95% and 99% Value at Risk values. Finally, the validity of the models is verified … alternative to the EWMA model in the Value at Risk calculation. …
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The article deals with a typical phenomenon of financial time series - volatility. These time series usually embody intermittent periods of relative "calm" and quite high variability. A volatility modelling of time series is made with the help of special econometric volatility models which...
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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