The primary purpose of this work is to identify the business cycle types in the Czech Republic 1996/Q1 – 2008/Q3. In the light of business cycles problematic, and viewed from the frequency analysis perspective, harmonic analysis will be used. Deterministic as well as stochastic methods are applied for obtaining a cyclical fluctuation,. According to the empirical results, two approaches to the business cycle are discussed, the classical and growth types. From the range of de-trending techniques, the first order difference, linear filtering, unobserved component model and Hodrick-Prescott filter are used. In the case of Hodrick-Prescott filter, a cyclical fluctuation estimate with the derivation of smoothing parameter designed specially for the Czech Republic case is investigated. The aim is, on the basis of our empirical analysis, to distinguish types of cyclical fluctuations in the Czech Republic. A consequent analysis of potential sources of cyclical movement is done.

1. POSTER: Analysis of economic activity movements in the Czech Republic - frequency approach, Microsoft Office Document, 0.1MB
2. FULLTEXT: Analysis of economic activity movements in the Czech Republic - frequency approach, PDF document, version 1.4, 0.5MB

• Legal notice:
  

  Copyright (c) Pielaszek Research, all rights reserved.
  The above materials, including auxiliary resources, are subject to Publisher's copyright and the Author(s) intellectual rights. Without limiting Author(s) rights under respective Copyright Transfer Agreement, no part of the above documents may be reproduced without the express written permission of Pielaszek Research, the Publisher. Express permission from the Author(s) is required to use the above materials for academic purposes, such as lectures or scientific presentations.
  In every case, proper references including Author(s) name(s) and URL of this webpage: https://science24.com/paper/17947 must be provided.

1. Growth business cycle of the Czech Republic – empirical investigation of de-trending techniques
2. Identification of periodicity type in the Czech Republic growth business cycle