The Analysis of Inflationary Shock Results for Polish Economy with the Usage of DSGE Model
The purpose of study was to analyze a reaction of polish economy for inflationary shock.Study concerned Polish economy from 1998 to 2013.A New Keynesian DSGE model for 9x11 pergola closed economy was employed.Different levels of autoregression of shocks were also checked.Reaction of variables was illustrated with a usage of impulse response functio