Project detail

Time-frequency approach for the Czech Republic business cycle dating

Duration: 01.01.2011 — 31.12.2012

Funding resources

Czech Science Foundation - Standardní projekty

- whole funder (2011-01-01 - not assigned)

On the project

Time-frequency approach for the Czech Republic business cycle dating

Description in English
The project deals with thealternative business cycle dating approach using the time-frequency domain tostylization of the data and the research of time-frequency analysis methodsovercaming small sample size problem that is appropriate for Czech transition-type of economy. The basic steps for dating process are commonly provided in time domain. Suitableway for its completion offers thefrequency domain analysis, which helpsus to recognize cycle?s types, i.e. to distinguish different lengths of cycles. Bothapproaches are not able to provide the simultaneous information about cycletypes, their lengths and time localization as well. In orderto obtain reasonable results it is necessary to use and to compare severaleconomic indicators for that severaltime andfrequency domain techniques have to be applied. Time-frequencydomain analysis interconnects the advantages from the both time and frequencydomain approaches. In this way we areable to distinguish and establish sequences and order of cycles, i.e. the time,when cycle starts/ends.

Mark

GAP402/11/0570

Default language

Czech

People responsible

Maršálek Roman, prof. Ing., Ph.D. - fellow researcher
Dluhá Jitka, doc. RNDr., Ph.D. - principal person responsible

Units

Department of Radio Electronics
- beneficiary (2011-01-01 - not assigned)

Results

POMĚNKOVÁ, J. Vybrané aspekty modelování hospodářského cyklu. vědecké monografie. vědecké monografie. Brno: Konvoj, 2011. 149 s. ISBN: 978-80-7302-161-0.
Detail

POMĚNKOVÁ, J.; KAPOUNEK, S.; MARŠÁLEK, R. Comparison of Methodological Approaches to Identify Economic Activity Regularities. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2011, vol. 59, no. 7, p. 283-292. ISSN: 1211-8516.
Detail

ŠEBESTA, V.; MARŠÁLEK, R. Error of the signal cyclic component period estimation using AR model. In 2011 19th Telecommunications Forum (TELFOR) Proceedings of papers. 2011. p. 691-694. ISBN: 978-1-4577-1498-6.
Detail

BLUMENSTEIN, J.; POMĚNKOVÁ, J.; MARŠÁLEK, R. Comparative Study Of Time-Frequency Analysis Approaches With Application To Economic Indicators. In 26th European Conference on Modelling and Simulation ECMS 2012. Digitaldruck Pirrot GmbH Dudweiler, Germany: European council for Modelling and Simulation, 2012. p. 291-297. ISBN: 978-0-9564944-4-3.
Detail

POMĚNKOVÁ, J.; MARŠÁLEK, R. Time and frequency domain in the business cycle structure. Agricultural Economics (AGRICECON), 2012, vol. 2012, no. 7, p. 332-346. ISSN: 0139-570X.
Detail

POMĚNKOVÁ, J.; MARŠÁLEK, R. Time and Frequency Domain in the Business Cycle Structure. 2011, vol. 2011, no. 7, p. 1-24.
Detail

KAPOUNEK, S.; POMĚNKOVÁ, J. Liquidity supply and money velocity co-movements in the Eurozone – Time-Frequency Domain Approach. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2012, vol. 60, no. 2, p. 109-116. ISSN: 1211-8516.
Detail

POMĚNKOVÁ, J. Identifikace hospodářského cyklu. Journal of Economics, 2012, roč. 60, č. 9, s. 899-917. ISSN: 0013-3035.
Detail

POMĚNKOVÁ, J.; KAPOUNEK, S. The Endogeneity of Optimum Currency Area Criteria in the Context of Financial Crisis: Evidence from Time-Frequency Domain Analysis. Agricultural Economics (AGRICECON), 2013, vol. 58, no. 9, p. 389-395. ISSN: 0139-570X.
Detail

MARŠÁLEK, R.; POMĚNKOVÁ, J.; KAPOUNEK, S. A wavelet-based approach to filter out symmetric macroeconomic shocks. Computational Economics, 2014, vol. 2014 (44), no. 4, p. 477-488. ISSN: 0927-7099.
Detail

ŠEBESTA, V.; MARŠÁLEK, R.; POMĚNKOVÁ, J. The Modified Empirical Mode Decomposition method for analysing the cyclical behavior of time series. In Proceedings 27th European Conference on Modelling and Simulation ECMS 2013. Alesund, Norway: ECMS, 2013. p. 288-292. ISBN: 978-0-9564944-6-7.
Detail

KAPOUNEK, S.; POMĚNKOVÁ, J. Spurious synchronization of business cycles: Dynamic correlation analysis of V4 countries. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2012, vol. 60, no. 4, p. 181-188. ISSN: 1211-8516.
Detail

Responsibility: Dluhá Jitka, doc. RNDr., Ph.D.