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Modeling Armenia
Cincibuch, M.; Kejak, Michal; Vávra, D.; Auda, O.; Aslanyan, Gurgen; Bečičková, H.; Daniš, P.; Hřebíček, H.; Janjgava, Batlome; Kacer, R.; Kameník, O.; Konopecký, F.; Lamazoshvili, Beka; Lukáč, J.; Menkyna, Robert; Mirzoyan, Armen; Motl, T.; Musil, K.; Plotnikov, S.; Rasulova, Khanifakhon; Remo, A.; Vlček, J.
2012 - English
The report has two chapters. Chapter 1 describes the structural model which lies at heart of the FPAS. It summarizes the main features of the Armenian economy relevant for building the structural model and describes in detail the most distinctive parts of the model. The chapter concludes with an analysis of the model properties and an interpretation of past economic developments in Armenia through the optic of the model. Chapter 2 evaluates how the FPAS performs empirically. The forecasting power is assessed by in-sample comparison with the standard random-walk benchmark. We conclude that the FPAS performs satisfactorily in this comparison.
Keywords:
Armenia; forecasting and policy analysis system
Available at various institutes of the ASCR
Modeling Armenia
The report has two chapters. Chapter 1 describes the structural model which lies at heart of the FPAS. It summarizes the main features of the Armenian economy relevant for building the structural ...
Modeling Mozambique
Cincibuch, M.; Kejak, Michal; Vávra, D.; Auda, O.; Aslanyan, Gurgen; Bečičková, H.; Daniš, P.; Hřebíček, H.; Janjgava, Batlome; Kacer, R.; Kameník, O.; Konopecký, F.; Lamazoshvili, Beka; Lukáč, J.; Menkyna, Robert; Mirzoyan, Armen; Motl, T.; Musil, K.; Plotnikov, S.; Rasulova, Khanifakhon; Remo, A.; Vlček, J.
2012 - English
The report has four chapters. Chapter 1 summarizes the main features of the Mozambican economy relevant for building the FPAS. Chapter 2 presents the structural macroeconomic model and its properties, captured by the decompositions of the variances of the model’s variables in terms of the model shocks and by the model’s impulse-response functions. This chapter also describes the Bayesian vector autoregressions used for near-term forecasting. Chapter 3 evaluates how the models perform empirically. The forecasting power is assessed both in the sample and by using an out-of-the-sample comparison with the standard random-walk benchmark. We conclude that the FPAS performs satisfactorily in this comparison. Chapter 4 summarizes the data used in the structural model and the issues identified during the data collection process.
Keywords:
Mozambique; forecasting and policy analysis system
Available at various institutes of the ASCR
Modeling Mozambique
The report has four chapters. Chapter 1 summarizes the main features of the Mozambican economy relevant for building the FPAS. Chapter 2 presents the structural macroeconomic model and its properties, ...
Life (dis)satisfaction and the decision to migrate: evidence from Central and Eastern Europe
Otrachshenko, V.; Popova, Olga
2012 - English
This paper provides the first evidence regarding the impact of life satisfaction on the individual intention to migrate. The impact of individual characteristics and country macroeconomic variables on the decision to migrate is analyzed in one framework. Differently from other studies, we allow for life satisfaction to serve as a mediator between macroeconomic variables and the intention to migrate. Using the Eurobarometer Survey for 27 Central Eastern (CEE) and Western European (non-CEE) countries, we test the predictions of our theoretical model and …find that dissatisfi…ed with life, people have a higher intention to migrate. The macroeconomic conditions have an effect on the intention to migrate indirectly through life satisfaction. At all levels of life satisfaction, unemployed, middle-aged individuals with a low or average income from urban areas at all levels of education are found to have higher intentions to migrate from CEE countries than from non-CEE countries.
Keywords:
life satisfaction; migration; decision making; život; rozhodování
Available at various institutes of the ASCR
Life (dis)satisfaction and the decision to migrate: evidence from Central and Eastern Europe
This paper provides the first evidence regarding the impact of life satisfaction on the individual intention to migrate. The impact of individual characteristics and country macroeconomic variables on ...
Parental background and other-regarding preferences in children
Bauer, Michal; Chytilová, J.; Pertold-Gebicka, B.
2012 - English
Keywords:
other-regarding preferences; altruism; spite
Available at various institutes of the ASCR
Parental background and other-regarding preferences in children
Modeling Uganda
Cincibuch, M.; Kejak, Michal; Vávra, D.; Auda, O.; Aslanyan, Gurgen; Bečičková, H.; Daniš, P.; Hřebíček, H.; Janjgava, Batlome; Kacer, R.; Kameník, O.; Konopecký, F.; Lamazoshvili, Beka; Lukáč, J.; Menkyna, Robert; Mirzoyan, Armen; Motl, T.; Musil, K.; Plotnikov, S.; Rasulova, Khanifakhon; Remo, A.; Vlček, J.
2012 - English
The report has three chapters. The chapter 1 summarizes main features of the Ugandan economy relevant for building the FPAS. The chapter 2 presents the structural macroeconomic model and its properties captured by decompositions of variances of the model’s variables in terms of the model shocks and by its impulse-response functions. The chapter also describes Bayesian vector autoregressions used for the near-term forecasting. The chapter 3 evaluates how the models perform empirically. The forecasting power is assessed both in the sample as well as by using an out-of-the-sample comparison with the standard random-walk benchmark. We conclude that the FPAS performs satisfactorily in this comparison.
Keywords:
Mozambique; forecasting and policy analysis system
Available at various institutes of the ASCR
Modeling Uganda
The report has three chapters. The chapter 1 summarizes main features of the Ugandan economy relevant for building the FPAS. The chapter 2 presents the structural macroeconomic model and its ...
Do emission trading schemes facilitate efficient abatement investments? An experimental study
van Koten, Silvester
2012 - English
The main policy objective of a cap-and-trade program is the cost-efficient abatement of pollutants or emissions. Whether a cap-and-trade program will realize cost-efficient abatement in practice is an open question. Earlier experiments on abatement-by-switching suggest that experimental participants make highly inefficient abatement choices and that allocation biases participants to over or under-abatement.
Keywords:
cost-efficient abatement of pollutants or emissions; cap-and-trade; experimental economics
Available at various institutes of the ASCR
Do emission trading schemes facilitate efficient abatement investments? An experimental study
The main policy objective of a cap-and-trade program is the cost-efficient abatement of pollutants or emissions. Whether a cap-and-trade program will realize cost-efficient abatement in practice is an ...
Modeling Egypt
Cincibuch, M.; Kejak, Michal; Vávra, D.; Auda, O.; Aslanyan, Gurgen; Bečičková, H.; Daniš, P.; Hřebíček, H.; Janjgava, Batlome; Kacer, R.; Kameník, O.; Konopecký, F.; Lamazoshvili, Beka; Lukáč, J.; Menkyna, Robert; Mirzoyan, Armen; Motl, T.; Musil, K.; Plotnikov, S.; Rasulova, Khanifakhon; Remo, A.; Vlček, J.
2012 - English
The report has three chapters. Chapter 1 summarizes the main features of the Egyptian economy relevant for building the FPAS. Chapter 2 presents the structural macroeconomic model and its properties captured by the decompositions of variances of the model’s variables in terms of the model shocks and by its impulse-response functions. This chapter also describes Bayesian vector autoregressions used for the near-term forecasting. Chapter 3 evaluates how the models perform empirically. The forecasting power is assessed both in the sample and by using an out-of-the-sample comparison with the standard random-walk benchmark. We conclude that the FPAS performs satisfactorily in this comparison.
Keywords:
Egypt; forecasting and policy analysis system
Available at various institutes of the ASCR
Modeling Egypt
The report has three chapters. Chapter 1 summarizes the main features of the Egyptian economy relevant for building the FPAS. Chapter 2 presents the structural macroeconomic model and its properties ...
Whose support matters for the occurrence of terrorism?
Malečková, Jitka; Stanišić, Dragana
2012 - English
For the occurrence of international terrorism, it is important that the same people hold negative views on potential targets and approve of suicide terrorism. In the current paper, we intend to further develop this finding and analyze this “critical group”. We focus particularly on gender and education. The paper starts with a description of the data, followed by the statistical analysis and the article is concluded by a discussion, which suggests possible explanations of our findings.
Keywords:
support for terrorism; terrorism; public opinion
Available at various institutes of the ASCR
Whose support matters for the occurrence of terrorism?
For the occurrence of international terrorism, it is important that the same people hold negative views on potential targets and approve of suicide terrorism. In the current paper, we intend to ...
Abatement efficiency in experiments: learning and allocation effects
van Koten, Silvester
2012 - English
The main policy objective of a cap-and-trade program is the cost-efficient abatement of pollutants or emissions. Whether a cap-and-trade program will realize cost-efficient abatement in practice is an open question. Design issues may also be important for the effectiveness of cap-and-trade programs.
Keywords:
cap-and-trade; cost-efficient abatement of pollutants or emissions; experimental economics
Available at various institutes of the ASCR
Abatement efficiency in experiments: learning and allocation effects
The main policy objective of a cap-and-trade program is the cost-efficient abatement of pollutants or emissions. Whether a cap-and-trade program will realize cost-efficient abatement in practice is an ...
Modeling Belarus
Cincibuch, M.; Kejak, Michal; Vávra, D.; Auda, O.; Aslanyan, Gurgen; Bečičková, H.; Daniš, P.; Hřebíček, H.; Janjgava, Batlome; Kacer, R.; Kameník, O.; Konopecký, F.; Lamazoshvili, Beka; Lukáč, J.; Menkyna, Robert; Mirzoyan, Armen; Motl, T.; Musil, K.; Plotnikov, S.; Rasulova, Khanifakhon; Remo, A.; Vlček, J.
2012 - English
The report has three chapters. Chapter 1 presents the structural macroeconomic model, its changes compared to the May 2010 version, and its properties captured by impulseresponse functions and by variance decompositions of model’s variables in terms of the model shocks. Important is the part on the model-consistent interpretation of the recent economic history of Belarus. The section describing Bayesian vector autoregressions used for the near-term forecasting concludes. Chapter 2 evaluates how the models perform empirically. The forecasting power is assessed using both in-sample and out-of-sample comparisons with the random-walk benchmark. We conclude that the FPAS performs satisfyingly in this comparison. The last chapter provides an overview of the considerable country database that has been compiled.
Keywords:
Belarus; forecasting and policy analysis system
Available at various institutes of the ASCR
Modeling Belarus
The report has three chapters. Chapter 1 presents the structural macroeconomic model, its changes compared to the May 2010 version, and its properties captured by impulseresponse functions and by ...
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