ČNB > Ekonomický výzkum

Ekonomický výzkum ČNB

Posláním ekonomického výzkumu ČNB je poskytnout výstupy, které pomáhají rozšířit znalostní zázemí potřebné pro její hlavní činnosti a mají vysoký standard v mezinárodním měřítku. Ekonomický výzkum ČNB je zaměřen na čtyři oblasti, a to měnovou politiku, makroekonomické modelování, finanční stabilitu, reálný sektor a fiskální politiku. Jednotlivé oblasti jsou zaštítěny koordinátory ekonomického výzkumu. Výzkumné práce ČNB jsou publikovány v řadách CNB Working Papers, CNB Research and Policy Notes, a CNB Research Bulletin. Odbor ekonomického výzkumu koordinuje vytváření interních protokolů a veřejných záznamů z měnově-politických jednání, které jsou jedním z hlavních komunikačních nástrojů ČNB v oblasti měnové politiky.

 

Vybrané publikace zaměstnanců ČNB v časopisech: 2015–2017

  • Aliyev, R., Hajkova, D. and Kubicova, I. (2015): The Impact of Monetary Policy on Financing of Czech Firms. Czech Journal of Economics and Finance, 65(6), 455–476.
  • 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 Vlček, 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 Kucharčuková, 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.
  • Babecký, J., Galuščák, K. and Žigraiová, D. (2017): Mechanisms of the State Dependence of Wage Setting: Evidence from a Survey of Czech Firms. Eastern European Economics, forthcoming.
  • Baxa, J., Plašil, M. and Vašíček, B. (2015): Changes in Inflation Dynamics under Inflation Targeting? Evidence for Central European Countries. Economic Modelling, 44(C), 116–130.
  • Baxa, J., Plašil, M. and Vašíček, 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.
  • Brada, J. C., Kubíček, J., Kutan, A. M. and Tomšík, V. (2015): Inflation Targeting: Insights from Behavioral Economics. Eastern European Economics, 53(5), 357–376.
  • Bulíř, A., Hurník, J. and Šmídková, K. (2016): What Do Central Banks Know about Inflation Factors? Open Economies Review, 27(4), 795–810.
  • 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.
  • Fiala, T. and Havranek, T. (2017): The Sources of Contagion Risk in a Banking Sector With Foreign Ownership. Economic Modelling, 60(C), 108–121.
  • Franta, M. ( 2017): Rare Shocks vs. Non-Linearities: What Drives Extreme Events in the Economy? Some Empirical Evidence. Journal of Economic Dynamics and Control, 75(C), 136–157.
  • Franta, M. (2016): The Effect of Non-Linearity Between Credit Conditions and Economic Activity on Density Forecasts. Journal of Forecasting, 35(2), 147–166.
  • Galuščák, K., Hlaváč, P. and Jakubík, P. (2016): Household Resilience to Adverse Macroeconomic Shocks: Evidence from Czech Microdata. International Review of Applied Economics, 30(3), 377–402.
  • Geršl, A., Jakubík, 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.
  • 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.
  • 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.
  • Hampl, M. and Havránek, T. (2017): Should Monetary Policy Pay Attention to Hose Prices? The Czech National Bank’s Experience. Central Banking Journal, forthcoming.
  • 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.
  • Havranek, T., Horvath, R., Irsova, Z. and Rusnak, M. (2015): Cross-Country Heterogeneity in Intertemporal Substitution. Journal of International Economics, 96, 100–118.
  • Havranek, T., Horvath, R. and Zeynalov, A. (2016): Natural Resources and Economic Growth: A Meta-Analysis. World Development, 88(C), 134–151.
  • Havránek, T. and Iršová, Z. (2016): Do Borders Really Slash Trade? A Meta-Analysis. IMF Economic Review, published online, 1–32.
  • Havránek, T., Iršová, Z., Janda, K. and Zilberman, D. (2015): Selective Reporting and the Social Cost of Carbon. Energy Economics, 51, 394–406.
  • 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. and Kokeš, O. (2015): Income Elasticity of Gasoline Demand: A Meta-Analysis. Energy Economics, 47(C), 77–86.
  • Havránek, T., Rusnák, M. and Sokolova, A. (2017): Habit Formation in Consumption: A Meta-Analysis. European Economic Review, 95(1), 142–167.
  • Havránek, T. (2015): Measuring Intertemporal Substitution: The Importance of Method Choices and Selective Reporting. Journal of the European Economic Association, 13(6), 1180–1204.
  • Hejlová, H., Hlaváček, M. and Komárek L. (2017): A Comprehensive Method for House Price Sustainability Assessment in the Czech Republic. Prague Economic Papers, published online, 1–17.
  • Hlaváček, M., Novotný, O. and Rusnák, M. (2016): Analysis of the Commercial Property Prices in the Central European Countries. Politická ekonomie, 2016(1), 1–16.
  • 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.
  • Jakubik, P. and Moinescu, B. (2015): Assessing Optimal Credit Growth for an Emerging Banking System. Economic Systems, 39(4), 577–591.
  • Kadlčáková, N., Komárek, L., Komárková, Z. and Hlaváček, M. (2016): Identification of Asset Price Misalignments on Financial Markets With Extreme Value Theory. Emerging Markets Finance and Trade, 52(11), 2595–2609.
  • Konečný, T. and Babecká-Kucharčuková, 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.
  • Novotný, F. (2017): Profitability Life Cycle of Foreign Direct Investment: Application to the Czech Republic. Emerging Markets Finance and Trade, forthcoming.
  • Plašil, M., Seidler, J. and Hlaváč, P. (2016): A New Measure of the Financial Cycle: Application to the Czech Republic. Eastern European Economics, 54 (4), 296–318.
  • Rusnák, M. (2016): Nowcasting Czech GDP in Real Time. Economic Modelling, 54(C), 26–39.
  • 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.
  • Skořepa, M. and Komárek, L. (2015): Sources of Asymmetric Shocks: The Exchange Rate or Other Culprits? Economic Systems, 39(4), 654–674.
  • 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.
  • Valíčková, P., Havránek, T. and Horváth, R. (2015): Financial Development and Economic Growth: A Meta-Analysis. Journal of Economic Surveys, 29(3), 506–526.
  • Vermeulen, R., Hoeberichts, M., Vašíček, B., Žigraiová, D., Šmídková, K. and de Haan, J. (2015): Financial Stress Indices and Financial Crises. Open Economies Review, 26(3), 383–406.
  • 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 Jakubík, P. (2015): Systemic Event Prediction by an Aggregate Early Warning System: An Application to the Czech Republic. Economic Systems, 39(4), 553–576.