Monetary and Fiscal Policy Interactions in the Czech Republic

The paper provides empirical analysis of interactions between monetary and fiscal policy in the Czech Republic and document changes in policy conduct across the time. To this end, we build and estimate a six-variable Bayesian VAR and propose some refinements to the modelling framework. These improve...

Full description

Bibliographic Details
Main Authors: Pavel Rezabek, Petr Doucek
Format: Article
Language:English
Published: MDPI AG 2018-06-01
Series:Systems
Subjects:
Online Access:http://www.mdpi.com/2079-8954/6/2/25