Volha Audzei, Ph.D. in Economics
Welcome!
I am a Principal Analyst in the Czech National Bank, Economic Research Division, Monetary Department.
My research interests lie in macroeconomic modelling with financial frictions and bounded rationality. In my dissertation I studied how relaxing the assumption of rational expectation modifies the output of macroeconomic models. In particularly I showed how imperfect information among the financial agents modifies their risk-taking decisions, the effect of monetary policy on banks’ lending or equilibrium selection.
My curriculum vitae can be downloaded here
Work in progress
- Dynamic Sparse Restricted Perceptions Equilibria (with S. Slobodyan)
- Exchange rate depreciation in a New Keynesian model with heterogeneous producers (with J. Matějů and I. Sutóris)
- Does Firms' Financing in Foreign Currency Matter for Monetary Policy? (with J. Brůha and I. Sutóris)
Recent working papers
- 2024
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Volha Audzei and Ivan Sutóris "A Heterogeneous Agent Model of Energy Consumption and Energy Conservation",
Czech National Bank Working Papers 2024/04 (published as ChaMP WP )
Publications
- Mar 2023
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Volha Audzei "Learning and Cross-Country Correlations in a Multi-Country DSGE Model",
Economic Modelling, vol. 120
- Sep 2022
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Volha Audzei "Confidence Cycles and Liquidity Hoarding",
International Journal of Central Banking, vol. 18(3)
- Jun 2022
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Volha Audzei and Sergey Slobodyan "Sparse Restricted Perceptions Equilibrium",
Journal of Economic Dynamics and Control, vol. 139
- Jun 2022
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Volha Audzei and Jan Brůha "A model of the Euro area, China, and the United States: Trade links and trade wars",
Economic Modelling, vol. 11.
- Dec 2018
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Volha Audzei and Frantisek Brazdik "Exchange Rate Dynamics and its Effect on Macroeconomic Volatility in Selected CEE Countries",
Economic Systems, vol. 42(4), pages 584-596.
- Oct 2015
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Volha Audzei and Frantisek Brazdik "Monetary Policy and Exchange Rate Dynamics: The Exchange Rate as a Shock Absorber",
Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 65(5), pages 391-410.
Other projects
- 2012
-
Within the project "Macro Model Data Base" - together with Sergey Slobodyan (project under supervision of Volker Wieland, Goethe University Frankfurt) I was contributing to database expansion, in particular rewriting DSGE models under adaptive learning in Dynare toolbox, Matlab; programing routines for database expansion in Matlab.
- 2011
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Within IDEA team (Institute for Democracy and Economic Analysis) project constructed GVAR model using GVAR toolbox for Matlab - together with Martin Kuncl (work was not published).
