- Řežábek, P. (2015): Demand for Cash in Circulation in the Czech Republic In 2002–2014 and Its Changes During the Financial Crisis (in Czech). Politická ekonomie, 63(4), 436–455.
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Žigraiová, D. and Havránek, T. (2015): Bank Competition and Financial Stability: Much Ado About Nothing? Journal of Economic Surveys, 30(5), 944–981.
- Žigraiová, D. and JakubÃk, P. (2015): Systemic Event Prediction by an Aggregate Early Warning System: An Application to the Czech Republic. Economic Systems, 39(4), 553–576.
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Agénor, P.-R., Alper, K. and Da Silva, L. A. P. (2014): Sudden Floods, Macroprudential Regulation and Stability in an Open Economy. Journal of International Money and Finance, 48, 68–100.
Albertazzi, U. and Marchetti, J. (2010): Credit Supply, Flight to Quality and Evergreening: An Analysis of Bank-Firm Relationships after Lehman. Bank of Italy Economic Working Paper No. 756.
Ambriško, R., Babecký, J., Ryšánek, J. and Valenta, V. (2015): Assessing the Impact of Fiscal Measures on the Czech Economy. Economic Modelling, 44(C), 350–357.
Andrle, M., Berg, A., Morales, R. A., Portillo, R. and Vlcek, J. (2015): On the Sources of Inflation in Kenya: A Model-Based Approach. South African Journal of Economics, 83(4), 475–505.
Angelini, P., Clerc, L., Cúrdia, V., Gambacorta, L., Gerali, A., Locarno, A., Motto, R., Roeger, W., Van den Heuvel, S. and VlÄek, J. (2015): Basel III: Long-term Impact on Economic Performance and Fluctuations. Manchester School, 83(2), 217–251.
Audzei, V. and Brázdik, F. (2015): Monetary Policy and Exchange Rate Dynamics: The Exchange Rate as a Shock Absorber. Czech Journal of Economics and Finance, 65(5), 391–410.
- Babecká KucharÄuková, O., Claeys, P. and Vasicek, B. (2016): Spillover of the ECB's Monetary Policy Outside the Euro Area: How Different is Conventional from Unconventional Policy? Journal of Policy Modeling, 37(1), 1–40.
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Babecký, J. and Havránek, T. (2014): Structural Reforms and Growth in Transition: A Meta-Analysis. Economics of Transition, 22(1), 13–42.
Babecký, J., Havránek, T., MatÄ›jů, J., Rusnák, M., Å mÃdková, K. and VaÅ¡ÃÄek, B. (2014): Banking, Debt, and Currency Crises in Developed Countries: Stylized Facts and Early Warning Indicators. Journal of Financial Stability, 15(C), 1–17.
Baxa, J., Horváth, R. and VaÅ¡ÃÄek, B. (2014): How Does Monetary Policy Change? Evidence on Inflation Targeting Countries. Macroeconomic Dynamics, 18(3), 593–630.
Baxa, J., PlaÅ¡il, M. and VaÅ¡ÃÄek, B. (2015): Changes in Inflation Dynamics under Inflation Targeting? Evidence for Central European Countries. Economic Modelling, 44(C), 116–130.
Baxa, J., PlaÅ¡il, M. and VaÅ¡ÃÄek, B. (2016): Inflation and the Steeplechase between Economic Activity Variables: Evidence for G7 Countries. The B.E. Journal of Macroeconomics, 16 (3), published online.
Beck, R., Jakubik, P. and Piloiu, A. (2015): Key Determinants of Non-performing Loans: New Evidence from a Global Sample, Open Economies Review, 26(3), 525–550.
Borio, C. (2014): Monetary Policy and Financial Stability: What Role in Prevention and Recovery? BIS Working Paper No. 440.
Brada, J. C., KubÃÄek, J., Kutan, A. M. and TomÅ¡Ãk, V. (2015): Inflation Targeting: Insights from Behavioral Economics. Eastern European Economics, 53(5), 357–376.
Brechler, J. and Geršl, A. (2014): Political Legislation Cycle in the Czech Republic. Constitutional Political Economy, 25(2), 137–153.
- BulÃÅ™, A., HurnÃk, J. and Å mÃdková, K. (2016): What Do Central Banks Know about Inflation Factors? Open Economies Review, 27(4), 795–810.
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Calice, G., Miao, R.H., Å tÄ›rba, F. and VaÅ¡ÃÄek, B. (2015) Short-term determinants of the idiosyncratic sovereign risk premium: A regime-dependent analysis for European credit default swaps. Journal of Empirical Finance, 33(C), 174–189.
Claeys, P. and VaÅ¡ÃÄek, B. (2014): Measuring Bilateral Spillover and Testing Contagion on Sovereign Bond Markets in Europe. Journal of Banking and Finance, 46(C), 151–165.
Clerc, L., Derviz, A., Mendicino, C., Moyen, S., Nikolov, K., Stracca, L., Suarez, J. and Vardoulakis, A. (2014): The 3D Model: a Framework to Assess Capital Regulation. Economic Bulletin and Financial Stability Report Articles, Banco de Portugal.
Clerc, L., Derviz, A., Mendicino, C., Moyen, S., Nikolov, K., Stracca, L., Suarez, J. and Vardoulakis, A. (2015): Capital Regulation in a Macroeconomic Model with Three Layers of Default. International Journal of Central Banking, 11(3), 9–63.
CZECH NATIONAL BANK 27 Havránek, T. and Iršová, Z. (2016): Do Borders Really Slash Trade? A Meta-Analysis. IMF Economic Review, published online, 1–32.
- CZECH NATIONAL BANK 29 CNB Research Open Day The thirteenth CNB Research Open Day will be held in the Czech National Bank’s Commodity Exchange (Plodinová Burza, Senovážné nám. 30, Praha 1) building on Monday, 15 May 2017. This conference will provide an opportunity to see some of the best of the CNB’s current economic research work and to meet CNB researchers informally. Dimitar Bogov, Governor of the National Bank of the Republic of Macedonia, has confirmed his participation as a keynote speaker.
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Derviz, A. (2014) Collateral Composition, Diversification Risk, and Systemically Important Merchant Banks. Journal of Financial Stability, 14(C), 23–34.
Feldkircher, M., Horváth, R. and Rusnák, M. (2014): Exchange Market Pressures during the Financial Crisis: A Bayesian Model Averaging Evidence. Journal of International Money and Finance, 40(C), 21–41.
Fiala, T. and Havranek, T. (2017): The Sources of Contagion Risk in a Banking Sector With Foreign Ownership. Economic Modelling, 60, 108–121.
Frait, J. and TomÅ¡Ãk, V. (2014): Impact and Implementation Challenges of the Basel Framework for Emerging, Developing and Small Economies. Comparative Economic Studies, 56(4), 493–516.
Franta, M. (2016): The Effect of Non-Linearity Between Credit Conditions and Economic Activity on Density Forecasts. Journal of Forecasting, 35(2), 147–166.
Franta, M., BarunÃk, J., Horváth, R. and Å mÃdková, K. (2014): Are Bayesian Fan Charts Useful? The Effect of Zero Lower Bound and Evaluation of Financial Stability Stress Tests. International Journal of Central Banking, 10(1), 159–197.
Franta, M., Horváth, R. and Rusnák, M. (2014): Evaluating the Changes of the Monetary Transmission Mechanism in the Czech Republic. Empirical Economics, 46(3), 827–842.
GaluÅ¡Äák, K., HlaváÄ, P. and JakubÃk, P. (2016): Household Resilience to Adverse Macroeconomic Shocks: Evidence from Czech Microdata. International Review of Applied Economics, 30(3), 377– 402.
- Geršl, A. and Jašová, M. (2014): Measures to Tame Credit Growth: Are They Effective? Economic Systems, 38(1), 7–25.
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- Geršl, A. and Lešanovská, J. (2014): Explaining the Czech Interbank Market Risk Premium. Economic Systems, 38(4), 536–551.
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- Geršl, A. and Seidler, J. (2015): Countercyclical Capital Buffers and Credit-to-GDP Gaps: Simulation for Central, Eastern and Southeastern Europe. Eastern European Economics, 53(6), 439–465.
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- Geršl, A., Jašová, M. and Zápal, J. (2014): Fiscal Councils and Economic Volatility. Czech Journal of Economics and Finance, 64(3), 190–212.
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GerÅ¡l, A., JakubÃk, P., Kowalczyk, D., Ongena, S. and Peydro, J. L. (2015): Monetary Conditions and Banks' Behaviour in the Czech Republic. Open Economies Review, 26(3), 407–445.
- Geršl, A., Komárková, Z. and Komárek L. (2016): Liquidity Stress Testing with Second-Round Effects: Application to the Czech Banking Sector. Czech Journal of Economics and Finance, 66(1), 32–49.
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- Hájek, J. and Horváth R. (2016): The Spillover Effect of Euro Area on Central and Southeastern European Economies: A Global VAR Approach. Open Economies Review, 27(2), 359–385.
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Hainz, C., Horváth, R. and HlaváÄek, M. (2014): The Interest Rate Spreads in the Czech Republic: Different Loans, Different Determinants? Economic Systems, 38(1), 43–54.
Hausenblas, V., Kubicová, I. and Lešanovská, J. (2015): Contagion Risk in the Czech Financial System: A Network Analysis and Simulation Approach. Economic Systems, 39(1), 156–180.
Havránek, T. (2015): Measuring Intertemporal Substitution: The Importance of Method Choices and Selective Reporting. Journal of the European Economic Association, 13(6), 1180–1204.
Havránek, T. and Kokeš, O. (2015): Income Elasticity of Gasoline Demand: A Meta-Analysis. Energy Economics, 47(C), 77–86.
Havránek, T. and SedlaÅ™Ãková, J. (2014): A Meta-Analysis of the Income Elasticity of Money Demand (in Czech). Politická ekonomie, 2014(3), 366–382.
Havránek, T., Iršová, Z. and Lešanovská, J. (2016): Bank Efficiency and Interest Rate Pass-Through: Evidence from Czech Loan Products. Economic Modelling, 54(C), 153–169.
Havránek, T., Iršová, Z. and Schwarz, J. (2016): Dynamic Elasticities of Tax Revenue: Evidence from the Czech Republic. Applied Economics, 48(60), 5866–5881.
Havránek, T., Iršová, Z., Janda, K. and Zilberman, D. (2015): Selective Reporting and the Social Cost of Carbon. Energy Economics, 51, 394–406.
Havranek, T., Horvath, R. and Zeynalov, A. (2016): Natural Resources and Economic Growth: A Meta-Analysis. World Development, 88(C), 134–151.
Havranek, T., Horvath, R., Irsova, Z. and Rusnak, M. (2015): Cross-Country Heterogeneity in Intertemporal Substitution. Journal of International Economics, 96, 100–118.
- Hlédik, T., Holub, T. Král, P. (2016): The Czech National Bank’s Role since the Global Crisis. Public Finance Quarterly (Hungary), Focus: New Central Bank Policies, 2016/1, 65–93.
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HlaváÄek, M., Novotný, O. and Rusnák, M. (2016): Analysis of the Commercial Property Prices in the Central European Countries. Politická ekonomie, 2016(1), 1–16.
Horváth, R., Rusnák, M., Å mÃdková, K. and Zápal, J. (2014): The Dissent Voting Behaviour of Central Bankers: What Do We Really Know? Applied Economics, 46(4), 450–461.
Jakubik, P. and Moinescu, B. (2015): Assessing Optimal Credit Growth for an Emerging Banking System. Economic Systems, 39(4), 577–591.
- KadlÄáková, N., Komárek, L., Komárková, Z. and HlaváÄek, M. (2016): Identification of Asset Price Misalignments on Financial Markets With Extreme Value Theory. Emerging Markets Finance and Trade, published online, 1–15.
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KoneÄný, T. and Babecká-KucharÄuková, O. (2016): Credit Spreads and the Links between the Financial and Real Sectors in a Small Open Economy: The Case of the Czech Republic. Czech Journal of Economics and Finance, 66(4), 302–321.
LÃzal, L. and Tashpulatov, S. N. (2014): Do Producers Apply a Capacity Cutting Strategy to Increase Prices? The Case of the England and Wales Electricity Market. Energy Economics, 43(C), 114–124.
Malovaná, S. and Frait, J. (2016): Monetary Policy and Macroprudential Policy: Rivals or Teammates? CNB Working Paper No. 6/2016.
Mandel, M. and TomÅ¡Ãk, V. (2014): Monetary Policy Efficiency in Conditions of Excess Liquidity Withdrawal. Prague Economic Papers, 2014(1), 3–23.
Pierluigi, B., Brůha, J. and Serafini, R. (2014): Euro Area Labour Markets: Different Reaction to Shocks? Journal of Banking and Financial Economics, 2(2), 34–60.
- PlaÅ¡il, M., Seidler, J. and HlaváÄ, P. (2016): A New Measure of the Financial Cycle: Application to the Czech Republic. Eastern European Economics, 54 (4), 296–318.
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Rusnák, M. (2016): Nowcasting Czech GDP in Real Time. Economic Modelling, 54(C), 26–39.
- Skořepa, M. and Komárek, L. (2015): Sources of Asymmetric Shocks: The Exchange Rate or Other Culprits? Economic Systems, 39(4), 654–674.
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Skořepa, M. and Seidler, J. (2015): Capital Buffers Based on Banks’ Domestic Systemic Importance: Selected Issues. Journal of Financial Economic Policy, 7(3), 207–220.
ValÃÄková, P., Havránek, T. and Horváth, R. (2015): Financial Development and Economic Growth: A Meta-Analysis. Journal of Economic Surveys, 29(3), 506–526.
Woodford, M. (2012): Inflation Targeting and Financial Stability. NBER Working Paper No. 17967.