Karel Musil
Director of Macroeconomic Forecasting Division
Monetary Department
Fields:
macroeconomic modelling
Education: Ph.D. (economics), Masaryk University, Brno, 2009
Recent CNB Publications
- Musil, K., Tvrz, S., Vlček, J. (2021) "News versus Surprise in Structural Forecasting Models: Central Bankers’ Practical Perspective", Czech National Bank RPN 2/2021
- Brázdik, F., Hlédik, T., Humplová, Z., Martonosi, I., Musil, K., Ryšánek, J., Šestořád, T., Tonner, J., Tvrz, S., Žáček, J. (2020) "The g3+ Model: An Upgrade of the Czech National Bank’s Core Forecasting Framework", Czech National Bank WP 7/2020
- Hlédik, T., Musil, K., Ryšánek, J., Tonner, J. (2018) "A Macroeconomic Forecasting Model of the Fixed Exchange Rate Regime for the Oil-Rich Kazakh Economy", Czech National Bank WP 11/2018
Selected Publications in Refereed Journals
- "An Estimated Model of the Small Open Czech Economy with a Non-tradable Sector", Bulletin of the Czech Econometric Society, The Czech Econometric Society, vol. 16 (26)
Other Publications
- Musil, K., Pranovich, M., Vlček, J., (2018) "Structural Quarterly Projection Model for Belarus", IMF working paper WP/18/254, 2018 (with M. Pranovich and J. Vlček)
- Antoničová, Z., Musil, K., Růžička, L., Vlček, J. (2008) "Evaluation of the Quality and Success Rate of Forecasts: A Historic Overview", Occasional Publications - Chapters in Edited Volumes, in Evaluation of the Fulfilment of the CNB's Inflation Targets 1998-2007, chapter 7, pages 86-101, 2008