Conjunctural Evolution of the Czech Economy

Economic evolution in each country can be expressed by means of annual and quarterly time series. An advantage of quarterly data compilation is the ability to provide a more sensitive description of the conjunctural evolution. Both at the beginning of the economic transformation and in the first dec...

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Bibliographic Details
Main Authors: Richard Hindls, Stanislava Hronová, Adam Čabla
Format: Article
Language:English
Published: Czech Statistical Office 2011-09-01
Series:Statistika: Statistics and Economy Journal
Subjects:
Online Access:http://www.czso.cz/csu/2011edicniplan.nsf/engt/22003579C9/$File/180211q304-17.pdf
Description
Summary:Economic evolution in each country can be expressed by means of annual and quarterly time series. An advantage of quarterly data compilation is the ability to provide a more sensitive description of the conjunctural evolution. Both at the beginning of the economic transformation and in the first decade of the 21st century,economic development in the Czech Republic was distinguished by significant changes in the economy's character. This paper is aimed at describing the conjunctural evolution of the Czech Republic's national economy since 1995 by the methods of saddles and peaks and of Koyck lag.
ISSN:1804-8765