In: Ekonomický časopis/Journal of Economics, vol. 53, no. 1
Mikuláš Luptáčik - Ján Ďuráš - Jana Hrivnáková - Vladimír Kvetan - Peter Ondko - Viliam Páleník
Details:
Year, pages: 2005, 33 - 48
Keywords:
Mundel-Fleming model, economic transition, mathematical economics, small open economy
JEL Classification: P24, E20, C32
About article:
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.
How to cite:
ISO 690:
Luptáčik, M., Ďuráš, J., Hrivnáková, J., Kvetan, V., Ondko, P., Páleník, V. 2005. Formalizovaný model tranzitívnej ekonomiky Slovenska. In Ekonomický časopis/Journal of Economics, vol. 53, no.1, pp. 33-48. 0013-3035.
APA:
Luptáčik, M., Ďuráš, J., Hrivnáková, J., Kvetan, V., Ondko, P., Páleník, V. (2005). Formalizovaný model tranzitívnej ekonomiky Slovenska. Ekonomický časopis/Journal of Economics, 53(1), 33-48. 0013-3035.