FORMALIZOVANÝ MODEL TRANZITÍVNEJ EKONOMIKY SLOVENSKA

• Authors: Luptáčik Mikuláš , Ďuráš Ján , Hrivnáková Jana , Kvetan Vladimír , Ondko Peter , Pálenik Viliam

Title variants

EN

Formal model of economy in transition - the case of Slovakia

• Languages of publication: SK

Abstracts

EN

This paper describes behavior of Slovak economy during transformation process using tools of mathematical economy. As a base the IS-LM model for open economy is taken which is further modified to meet specifics of small open economy. The transition process of Slovak economy is divided into three periods and for each one modification of general model is used. The results prove that Slovak economy started with behavior considerably different from the one described by standard model, but it was moving closer to it as the transition process continued.

Keywords

EN

ECONOMIC TRANSITION; MATHEMATICAL ECONOMICS; MUNDEL-FLEMING MODEL; SMALL OPEN ECONOMY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2005
• Volume: 53
• Issue: 1
• Pages: 33-48
• Document type: ARTICLE

Contributors

author

Luptáčik Mikuláš

author

Ďuráš Ján

author

Hrivnáková Jana

author

Kvetan Vladimír

author

Ondko Peter

author

Pálenik Viliam

• M. Luptacik, Vienna University of Economics and Business Administrations, Augasse 2-6, A-1090 Wien, Oesterreich

Identifiers

CEJSH db identifier

06SKAAAA00741818