mv.gif (18889 bytes)    Curriculum vitae

Prof. Dr. Miloslav S. Vošvrda

Address

Litvínovská 520
CZ-190 00 Praha 9
Czech Republic

Born

Mladá Boleslav, Czechoslovakia, October 28th, 1943

Education

1961-66

Econometrics, Prague School of Economics
(Corresponds to M. Sc. Degree)

1966-71

Probability and Mathematical Statistics, Charles University in Prague
(Corresponds to M. Sc. Degree)

1979-83

Theoretical Cybernetics, Institute of Information Theory and Automation ,
Czechoslovak Academy of Sciences (Corresponds to PhD. Degree)

Experience

1966-70

Dept. of Analysis of Systems
Prague School of Economics,
research fellow

1971-92

Dept. of Analysis & Modelling of Stochastic Systems, Institute of Information Theory and Automation,
Czechoslovak Academy of Sciences
head of the department

1991+

Dept. of Economics
Charles University in Prague
professor of mathematical economics and econometrics

1992

The Economics Institute
Academy of Sciences of the Czech Republic
leading research fellow

1994+

Dept. of Econometrics, Institute of Information Theory and Automation,
Academy of Sciences of the Czech Republic
Head of the department

Study visits abroad

1973

Mathematical Institute, University of Vilnius, Luthinia

6 months

1982

Dept. of Statistics University of Helsinki,

1 month

1986

Dept. of Statistics, Oxford, University of Bath

1 month

1988

Dept. of Statistics, University of Bonn,  Dortmund

1 month

1991

Dept. of Statistics, University of Dortmund

1 month

1994

Dept. of Applied Economics, University of Cambridge

1 month

1994

London Business School

1 week

1995

London Business Schoo

1 week

1996

London Business School

2 weeks

1996

International Monetary Fund, Washington DC

1 week

1996

Dept. of General Systems, University of New York City

1 week

1997

Dept. of Economics, University of Aberystwyth, Wales, UK

2 weeks

1997

Dept. of Economics, University of Bath, UK

1 week

1998

Dept. of Economics, University of Limerick, Ireland

1 week

Language skills

Czech - native
English, Russian - active
French, German - passive

Research interests

Theoretical & Stochastic Economics

  • non-linear economic dynamics,
  • financial econometrics
  • forecasting,
  • building of econometrics models
  • econophysics

Activities

  • President of the Czech Econometric Society, (1993-1995, 2001-3)
  • vicedean of the Faculty of Social Sciences, Charles University in Prague, (1995-97)
  • Chairman of the Research Board of the Economics Institute of Academy Sciences of the Czech Republic,(1993-1994)
  • Member of the Research Board of the Faculty of Social Sciences, Charles University in Prague,(1994-2000), (2002- )
  • Research Board of the Economics Institute of Academy Sciences of the Czech Republic, (1993-1997)
  • Member of the Grant Agency of the Academy of Sciences, the Czech Republic (2000-2)
  • Society of Computational Economics, Member of the Executive Board (2002-2006), (Europe+USA)
  • International Association of Computing Statistics, (the Netherlands)
  • Society for the Advancement of Economic Theory, (the USA)
  • Czech Mathematical Society
  • Czech Cybernetic Society
  • Czech Statistical Society
  • Member of the supervisor board of Scientific Centers Projects, Ministry of Education, (1997-2003)
  • Member of the Research Board of the Faculty of Statistics and Informatics, University of Economics in Prague, (2000-)
  • Member of the Research Board of the Faculty of Finance, University of Economics in Prague, (2004-2006)
  • Member of the Academic Assembly of the Academy of Sciences, the Czech Republic (1998-)
  • Elected member of the Grant Agency of the Czech Republic:
    • Chairman of the economic sciences division(1993-1999), (2005-2007)
    • Chairman of the Social Sciences and Humanities branches, (2005-7)
    • Member of the economic sciences division, (2007-2009)
    • Vicechairman of Economic Sciences  Panel (2009-)

 

List of Principal Publications (1988 – 2009)

Vošvrda M: Statistical Data Analysis by Statistical Dialogue Systems, Comp.Statistics and Data Analysis 6 (1988), 113 - 117.

Vošvrda M.: Weak stationary Robust Test Tran. the XI-th Prague Conference, Prague (1990)

Vošvrda M: On asymptotical stability of equilibrium price Czechoslovak, J. Oper.Research vol.1, no.1, (1992), 31-39.

Vošvrda M: Towards a Correlation Dimension of Market Prices Neural Network Words 6.(1992), 835-845.

Vošvrda M: An equilibrium of Price Attractor in Competitive Equilibrium Models Central European J. for Oper. Research and Economics vol. 2, no.1, 1994, 8-22(1993)

Vošvrda M., Spitalsky J.: A Measure of An Economic Efficiency, its Estimation and Applications, Ford Foundation, Discussion Paper No.6, CERGE-EI, (1993)

Vošvrda M: Markovian Model of Unemployment Central European, J. for Oper. Research and Economics (1994)

Vošvrda M. Theoretical Economics Carolinum, Publishing House of Charles University (1994) ( in Czech) 

Vošvrda M.: A Measure of An Economic Efficiency, its Applications Contribution to the grant of Grant Agency of the Czech Republic:" Privatization process in the Czech Republic", (1994)

Vošvrda M.: New Perspectives of Financial Analysis on Securities Markets, Ekonom,(43/1994), 35-36

Vošvrda M.: A Measure of an Efficiency of Market Structures and its Applications, Acta Economica, Carolinum, Publishing House of Charles University(1994)

Vošvrda M.: Efficiency of Transitional Economies: The Output-Inflation Tradeoff in The Czech Republic and Economic Transition in Eastern Europe, Academic Press, Inc.,(1995)

Vošvrda M.: Macroeconomic Model of the Czech Economy, UTIA AV CR, 1994

Vošvrda M.: Differential equations and Economic Applications, Bulletin of CES, no.2, 1995,53-66

Vošvrda M.: Markovian Model of Unemployment, Bulletin of the Czech Econometric Society, no.3, 1995, pp. 65-77

Sladky K., Vosvrda M.: A Simple Markovian Model of Unemployment: Continuous- and Discrete- Time, International Symposium on MME' 95, Ostrava, pp. 194-205

Vošvrda M.: Multi-market Disequilibrium Models, UTIA AV CR, no.1855, 1995

Vošvrda M.: Disequilibrium Model for the Czech Economy, MME Prague, 1996, pp. 84-97

Vošvrda M.: Disequilibrium Model applied to the Czech Economy, Bulletin of the Czech Econometric Society, no.4, 1996, pp.73-95

Sladky K., Vosvrda M.: Robust Stability in Walrasian Equilibrium Model, KME Bratislava, 1996, pp. 143-150

Vošvrda M.: Econometric Model for the Czech Economy, CD-ROM publication, Prague, 1997

Vošvrda M.: Výkonnost transformujících se ekonomik: Substituční vztah output-inflace. IN: Česká republika a ekonomické transformace ve střední a východní Evropě. Academia, Praha 1997, pp. 127-132

Kodera J., Vošvrda M.: A description of the Capital Market in the Czech Republic(1995-1996), In: Information Asymmetries on Capital Markets Emerging in Transition Countries, the Case of the Czech Capital Market. ÚTIA AV ČR, Praha 1997, pp. 1-22 (50%)

Vošvrda M.: CAPM and the Selected European Capital Markets, In: Information Asymmetries on Capital Markets Emerging in Transition Countries, the Case of the Czech Capital Market. ÚTIA AV ČR, Praha 1997, pp. 23-52

Vošvrda M.: Information Asymmetries on Capital Markets Emerging in Transition Countries, the Case of the Czech Capital Market. ÚTIA AV ČR, Praha 1997, 180 pp.

Filaček J., Kapička M., Vošvrda M.: Testování hypotézy efektivního trhu na BCPP, Finance a úvěr 9, 1998, pp.554-566

Vošvrda M., Filaček J., Kapička M.: The Efficient Market Hypothesis and Volatility: the case of Prague Stock Exchange, Bulletin of the Czech Econometric Society, no.7, 1998, pp. 55-67

Vošvrda M., Filaček J., Kapička M.: The Efficient Market Hypothesis Testing on the Prague Stock Exchange, Journal of Applied Econometrics, 1998

Vošvrda M.: The Efficient Market Hypothesis Testing : a case of the Prague Stock Exchange, Proceedings of the 16th International Conference on Mathematical Methods in Economics' 98, Cheb 1999, pp. 206-213

Vošvrda M.: Information Asymmetries on Capital Markets Emerging in Transition Countries, the Case of the Czech Capital Market. ACE-PHARE-ÚTIA AV ČR, Praha 1998, 258pp.

Vošvrda M.: Výkonnost kapitálového trhu, hypotéza (EMH) a její test, Acta Economica, Carolinum, Publishing House of Charles University (1998)

Sladky K., Kodera J., Vosvrda M.: Sensitivity and Stability ina Dynamic Economic Systems, Bulletin of the Czech Econometric Society, no.9, 1999, pp. 1-10

Sladky K., Kodera J., Vosvrda M.: Macroeconomic Dynamical Systems: Analytical Treatment and Computer Modelling, Proceedings of the 17th International Conference on Mathematical Methods in Economics' 99, Jindřichův Hradec 1999, pp. 245-252

Vosvrda M.: Van Der Pol's Equation and an Economic Model of Cycles, Bulletin of the Czech  Econometric Society, no.10,1999, pp. 31-41

Vosvrda M. : Volatility and Uncertainty on Capital Markets, Proc. of Future of the Banking after the year 2000 in the world, 1999, pp.9-17

Vosvrda M. : An Economic Uncertainty Principle, Acta Oeconomica Pragnensis, pp. 12-20,no.2, 2000

Vosvrda M.: Van Der Pol's Equation and Uniqueness of Economic Model of Cycles, CeNDEF Workshop on Economic Dynamics, Amsterdam, 13-15.1.2000

Vosvrda M.: On Economic Model of Cycles, Proceedings of the 18th International Conference on Mathematical Methods in Economics' 2000, Prague 2000, pp. 227-232

Vosvrda M. : An Uncertainty Principle in Economics, Quantitative Methods in Economics, pp. 155-159, ISBN 80-88715-93-8, University of Economics,  Bratislava, 2000

Vosvrda M.: An Economic Model of Cycles, CeNDEF Workshop on Economic Dynamics, Amsterdam, 4-6.1.2001

Vosvrda M.: Bifurcation Routes and Economic Stability Behavior, 7th International Conference of the Society for Computational Economics, Yale University, June 28- 30, New Haven, 28-30.6.2001

Vosvrda M.: Bifurcation Routes in Financial Markets, 19th International Conference Mathematical Methods in Economics 2001, Hradec Kralove, Sept 5-7, 2001, pp. 199-205

Vosvrda M.: Bifurcation Routes and Heterogeneous Formations, Nostradamus 2001, 4th International Conference for Forecasting, Zlin, Sept 25, 2001

Vosvrda M.: Bifurcation Routes and Economic Stability, Bulletin of the Czech Econometric Society, ISSN 1212-074X, no.14, 2001, pp. 43-60

Vosvrda M.: On Foreign Capital Investment Bifurcations, Journal of Economics, 5, 49, 2001, pp. 910-924, ISSN 0013-3035

Vošvrda M., Vácha L.: Heterogeneous agent model and numerical analysis of learning , Bulletin of the Czech Econometric Society vol.9, 17 (2002), p. 15-22

 

Vošvrda M., Vácha L.: Heterogeneous agent model with learning , Quantitative Methods in Economics. (Multiple Criteria Decision Making 11), p. 269-280 , Eds: Magáthová V., Slovak Agricultural University, (Nitra 2002) , Quantitative Methods in Economics /11./, (Nitra, SK, 05.12.2002-06.12.2002)

 

Vošvrda M., Vácha L.: Heterogeneous Agent Model with Learning, ÚTIA AV ČR, (Praha 2002) Research Report 2051

 

Vošvrda M., Vácha L.: Heterogeneous agent model with memory and asset price behaviour , Proceedings of the 20th International Conference Mathematical Methods in Economics 2002, p. 273-282 , Eds: Ramík J., Technical University, (Ostrava 2002) , Mathematical Methods in Economics, (Ostrava, CZ, 03.09.2002-05.09.2002)

 

Vošvrda M.: Makroekonomický model a Phillipsova substituce , Data Mining, p. 35-52, StatSoft, (Praha 2002) , Statistica, (Praha, CZ, 22.10.2002-24.10.2002)

 

Kodera J., Sladký K., Vošvrda M.: The role of inflation rate on the dynamics of an extended Kaldor model , Quantitative Methods in Economics. (Multiple Criteria Decision Making 11), p. 131-137 , Eds: Magáthová V., Slovak Agricultural University, (Nitra 2002) , Quantitative Methods in Economics /11./, (Nitra, SK, 05.12.2002-06.12.2002)

 

Vošvrda M., Žikeš F.: Application of the GARCH - t model on stock returns in emerging capital markets , WEHIA 2003. 8th Annual Workshop on Economics with Heterogeneous Interacting Agents, p. 1-14, Fritz Thyssen Stiftung, (Kiel 2003) , WEHIA 2003 /8./, (Kiel, DE, 29.05.2003-31.05.2003)

 

Kodera J., Sladký K., Vošvrda M.: Extended Kalecki-Kaldor model revisited , Proceedings of the 21st International Conference Mathematical Methods in Economics 2003, p. 160-165 , Eds: Houška M., Czech University of Agriculture, (Prague 2003) , MME 2003, (Prague, CZ, 10.09.2003-12.09.2003)

 

Vošvrda M., Vácha L.: Heterogeneous Agent Model with Memory and Asset Price Behaviour , Prague Economic Papers vol.12, 2 (2003), p. 155-168

 

Vošvrda M., Vácha L.: Heterogeneous agent models , Výpočtová ekonomie. Sborník semináře, p. 21-30 , Eds: LukᚠL., Západočeská univerzita, (Plzeň 2003) , Výpočtová ekonomie, (Plzeň, CZ, 22.11.2002)

 

Vácha L., Vošvrda M.: Learning in heterogeneous agent model with the WOA , Proceedings of the 6th International Scientific Conference on Applications of Mathematics and Statistics in Economy, p. 199-204, Applications of Mathematics and Statistics in Economy /6./, (Banská Bystrica, SK, 04.09.2003-05.09.2003)

 

Kodera J., Sladký K., Vošvrda M.: A small-open-economy model and the possibility of more complex dynamical behaviour , Výpočtová technika, p. 47-57 , Eds: LukᚠL., Západočeská univerzita, (Plzeň 2004) , Výpočtová ekonomie, (Plzeň, CZ, 18.11.2004)

 

Vošvrda M., Žikeš F.: An application of the GARCH-t model on Central European stock returns , Prague Economic Papers vol.12, 1 (2004), p. 26-39

 

Kodera J., Sladký K., Vošvrda M.: Dynamical macroeconomic models from the Keynesian, Walrasian and Classical point of view , Proceedings of the International Conference Quantitative Methods in Economics. (Multiple Criteria Decision Making XII), p. 118-127, Quantitative Methods in Economics. Multiple Criteria Decision Making /12./, (Virt, SK, 02.06.2004-04.06.2004)

 

Kodera J., Sladký K., Vošvrda M.: Dynamics of an extended Kaldor model with rational expectation of capital efficiency and adaptive expectation of inflation, Proceedings of the 22nd International Conference Mathematical Methods in Economics 2004, p. 158-163, Mathematical Methods in Economics 2004 /22./, (Brno, CZ, 15.09.2004-17.09.2004)

 

Kodera J., Sladký K., Vošvrda M.: A small-open-economy model and endogeous money stock , Acta Oeconomica Pragensia vol.13, 1 (2005), p. 27-34

 

Vácha L., Vošvrda M.: Dynamical agents' strategies and the fractal market hypothesis , Prague Economic Papers vol.14, 2 (2005), p. 172-179

 

Vácha L., Vošvrda M.: Heterogeneous Agents Model with the Worst Out Algorithm, UK FSV - IES, (Praha 2005) Research Report 91.

 

Kodera J., Vošvrda M.: Production, Capital Stock and Price Dynamics in a Simple Model of Closed Economy, UK FSV - IES, (Praha 2005) Research Report 93

 

Kodera J., Sladký K., Vošvrda M: Stabillity and Lyapunov exponents in Keynesian and Classical macroeconomic models , Proceedings of the 23rd International Conference Mathematical Methods in Economics 2005, p. 203-210 , Eds: Skalská H., Gaudeamus, (Hradec Králové 2005) , Mathematical Methods in Economics 2005 /23./, (Hradec Králové, CZ, 14.09.2005-16.09.2005)

 

Vošvrda M, Križan D.: WebMathematica , Využitie kvantitativnych metód vo vedecko-výskumnej činnosti a v praxi VII, p. 45-54 , Eds: Žabka M., Využitie kvantitativnych metód vo vedecko-výskumnej činnosti a v praxi /7./, (Prievidza, SK, 01.06.2005-03.06.2005)

 

Vácha Lukáš, Vošvrda M: An Energy Decomposition of the Financial Market, ÚTIA AV ČR, (Praha 2006) Research Report 2171

 

Vošvrda M: Empirical analysis of persistence and dependence patterns among the capital markets , Prague Economic Papers vol.15, 3 (2006), p. 231-243

 

Vošvrda M, Kodera J.: Goodwin's Predator-Prey Model with Endogeneous Technological Progress , Proceedings of the 24th International Conference Mathematical Methods in Economics 2006, p. 293-300 , Eds: LukᚠL., Mathematical Methods in Economics 2006, (Plzeň, CZ, 13.09.2006-15.09.2006)

 

Vácha L., Vošvrda M: Heterogenous Agents Model with the Worst Out Algorithm , Prague Social Science Studies, 8 (2006), p. 3-19

 

Vošvrda M, Kodera J.: Produkt, kapitál a cenový pohyb v jednoduchém modelu uzavřené ekonomiky , Politická ekonomie vol.54, 3 (2006), p. 339-350

 

Vošvrda M, Vácha L.: Wavelet Applications to Heterogeneous Agents Model , Proceedings of the 24th International Conference Mathematical Methods in Economics 2006, p. 497-502 , Eds: LukᚠL., Mathematical Methods in Economics 2006, (Plzeň, CZ, 13.09.2006-15.09. 2006)

 

Vošvrda M, Vácha L.: Heterogeneous Agents Model with the Worst Out Algorithm , Czech Economic Review, 1 (2007), p. 54-66

 

Klacek J., Vošvrda M, Schlosser Š.: KLE Translog production function and total factor productivity , Statistika vol.87, 4 (2007), p. 261-274

 

Vácha L., Vošvrda M: Moods Modelling on the Financial Markets , Proceedings of the Mathematical Methods in Economics, Mathematical Methods in Economics, (Ostrava, CZ, 04.09.2007 - 06.09.2007)

 

Kodera J., Sladký K., Vošvrda M: Neo-Keynesian and Neo-Classical Macroeconomic Models: Stability and Lyapunov Exponents , Czech Economic Review vol.1, 3 (2007), p. 1-11

 

Kodera J., Vošvrda M: Production, Capital Stock, and Price Level Dynamics in the Light of Kaldorian Model , Acta Oeconomica Pragensia,  vol.15, 4 (2007), p. 79-86

 

Vošvrda M, Vácha L.: Wavelet Decomposition of the Financial Market , Prague Economic Papers , vol.16, 1 (2007), p. 38-54

Baruník J., Vošvrda M: Application of Cusp Catastrophe Theory to U.S. Stock Market Crashes , Quantitative Methods in Economics: Multiple Criteria Decision making XIV , Eds: Reiff Sladký, Quantitative Methods in Economics: Multiplie Criteria Decision Making XIV, (Tatranská Lomnica, SK, 05.07.2008-07.07.2008)

Baruník J., Vošvrda M: Cusp Catastrophe Theory: Application to U.S. Stock , Proceedings of 26th International Conference Mathematical Methods in Economics 2008 , Eds: Řehořová Pavla, Maršíková Kateřina, Mathematical Methods in Economics 2008, (Liberec, CZ, 17.09.2008-19.09.2008)

Vošvrda M, Baruník J.: Modelování Krachů na kapitálových trzích: Aplikace teorie stochastických katastrof , Politická ekonomie vol.2008, 6 (2008), p. 759-771

Vácha L., Baruník J., Vošvrda M: Sentiment Patterns in the Heterogeneous Agent Model, ÚTIA AV ČR, (Praha 2008) Research Report 222

Vácha L., Baruník J., Vošvrda M: Smart Predictors in the Heterogeneous Agent Model, ÚTIA AV ČR, (Praha 2008) Research Report 2222

Baruník J., Vošvrda M: Stochastic Cusp Catastrophe Application to Stock Market Crashes Modeling, ÚTIA AV ČR, (Praha 2008) Research Report 2223

Vácha L., Vošvrda M: Wavelet Applications to Heterogeneous Agents Model, Fakulta sociálních věd UK, (Praha 2008) Internal Publication EC-025

Vácha L., Vošvrda M: Wavelets and Sentiment in the Heterogeneous Agents Model , Bulletin of the Czech Econometric Society vol.15, 25 (2008), p. 41-56

Vácha L., Baruník J., Vošvrda M: Smart Agents and Sentiment in the Heterogeneous Agent Model , Prague Economic Papers, 2 (2009), p. 1-12

Baruník Jozef, Vošvrda Miloslav: Can a stochastic cusp catastrophe model explain stock market crashes? , Journal of Economic Dynamics & Control vol.33, 10 (2009), p. 1824-1836

Vošvrda Miloslav: Capital Market Efficiency and Tsallis Relative Entropy , Proceedings of 27th International Conference Mathematical Methods in Economics 2009 , Eds: Brožová Helena, 27th International Conference Mathematical Methods in Economics 2009, (Kostelec nad Černými lesy, CZ, 09.09.2009-11.09.2009)

Vošvrda Miloslav, Krtek Jiří: Comparing Neural Networks and Regression Models in Asset Pricing Model with Heterogeneous Beliefs, ÚTIA AV ČR, v.v.i, (Praha 2009) Research Report 2252

Baruník Jozef, Vácha Lukáš, Vošvrda Miloslav: Smart predictors in the heterogeneous agent model , Journal of Economic Interaction and Coordination vol.4, 2 (2009), p. 163-172

Vošvrda Miloslav, Voříšek Jan: Stochastic Catastrophe Theory, ÚTIA AV ČR, v.v.i, (Praha 2009) Research Report 2253