Wahania koniunkturalne w Polsce w światle modelu Hansena

• Autorzy: Jakub Gazda , Marcin Puziak

Warianty tytułu

Testing Hansen's Model in the Economy.

• Języki publikacji: PL

Abstrakty

W artykule przeprowadzona została analiza i opis fluktuacji koniunkturalnych w Polsce przy wykorzystaniu podstawowego modelu realnego cyklu koniunkturalnego, poszerzonego o niepodzielność podaży pracy. Artykuł podzielony został na dwie części . CZęść pierwsza ma charakter teoretyczny i zawiera syntetyczną charakterystykę modelu Hansena w świetle teorii realnego cyklu koniunkturalnego (RBC)Druga część to empiryczne testowania przyjętego modelu, zakończone opisem i wnioskami. (fragment tekstu)

EN

Economic modeling according to the real business cycle theory is a dominant approach in the new classical macroeconomics. In its primary version it bases on the growth model with neoclassical production function which is subject to a stochastic supply shocks. Simultaneously, employing in the analysis a rational agent which decides about labor input and deserved consumption allows to develop the model following cyclical fluctuations observed in the economy. In order to do so a multistage calibration-simulation procedure is used. The paper presents the above mentioned assumptions, e.g. seminal RBC model and the augmented model with indivisible labor supply. Both models were applied to the Polish economy. The analysis covers the period I quarter!995 - IV quarter 2006. The main aim of the paper is to verify two of theoretical structures deriving from RBC: seminal model published by F.E. Kydland and E.C. Prescott in 1982 (Kydland, Prescott, 1982) and G. Hansen model (Hansen, 1985) which develops research conducted by F.E. Kydland and E.C. Prescott and J.B. Long and C.l. Plosser (Long, Plosser,1983). The main upgrades of Hansen model in comparison to the prior theories refer to the labor market perception . The article is divided into two parts. The first includes a theoretical background of Hansen model in RBC theory perspective. The second one presents an empirical analysis, tests results for the chosen model and conclusions. (original abstract)

Słowa kluczowe

PL

Wahania koniunkturalne; Podaż pracy; Teoria realnego cyklu koniunkturalnego; Wstrząs podażowy

EN

Business fluctuations; Labour supply; Real business cycle theory; Supply shock

• Czasopismo: Zeszyty Naukowe / Uniwersytet Ekonomiczny w Poznaniu
• Rocznik: 2010
• Numer: nr 132
• Strony: 150-161

Twórcy

autor

Jakub Gazda

• Uniwersytet Ekonomiczny w Poznaniu

autor

Marcin Puziak

• Uniwersytet Ekonomiczny w Poznaniu

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