Some Results in Econometric Modelling and Forecasting of the Inflation in Slovak Economics Cover Image

Niektoré výsledky v ekonometrickom modelovaní a prognózovaní inflácie ekonomiky Slovenskej republiky
Some Results in Econometric Modelling and Forecasting of the Inflation in Slovak Economics

Author(s): Milan Marček, Lucia Pančíková, Ján Adamča
Subject(s): Economy
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: co-integration; error correction mechanism; transfer function models

Summary/Abstract: Based on the works (Banerjee et al., 1993; Marček, 2001) econometric models are proposed and applied to predict the inflation in the Slovak Republic. The general theoretical framework of econometric modelling is based on the classical Phillips curve. The analysis concentrates on the relationships among inflation, wages and unemployment using the quarterly data. The rival models based on dynamic versions of the ordinary regression models are considered

  • Issue Year: 52/2004
  • Issue No: 09
  • Page Range: 1080-1093
  • Page Count: 14
  • Language: Slovak