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CNB > Economic research > Research economists > Profiles > Luboš Komárek

Luboš Komárek

Director of External Economic Relations Division
Monetary Department
Phone: +420 224 414 491
Fields: international macroeconomics, monetary economics, financial stability, housing prices, fiscal policy, euro adoption, European economic integration
Education: Ph.D. (economics), Faculty of Economics, VSB-TU Ostrava, the Czech Republic, 2001; M.Sc. (economics), The University of Warwick, the United Kingdom, 2000; Prof. (appointment to a professorship by the President of the Czech Republic for the field of Economics, 2016).

Recent CNB Publications

 

Selected Publications in Refereed Journals

  • A Complex Approach to House Price Sustainability Assessment: The Case of the Czech Republic. Prague Economic Papers, FORTHCOMING, 2017 (with Hana Hejlová and Michal Hlaváček)
  • Foreign Exchange Market Contagion in Central Europe from the Viewpoint of Extreme Value Theory. Prague Economic Papers. FORTHCOMING (with Narcisa Kadlčáková)
  • Real Exchange Rates: Are They Dominated by Fundamental Factors? Applied Economic Letters, 2017, FORTHCOMING
  • Identification of Asset Price Misalignments on Financial Markets With Extreme Value Theory. Emerging Markets Finance and Trade. No. 11/2016. (with Narcisa Kadlčáková, Zlatuše Komárková and Michal Hlaváček)
  • Sources of Asymmetric Shocks: The Exchange Rate or Other Culprits? Economic Systems. No. 6, 2015 (with Michal Skořepa)
  • Liquidity Stress Testing with Second-Round Effects: Application to the Czech Banking Sector. Czech Journal of Economics and Finance. 66 (1), 32–49. (with Adam Geršl and Zlatuše Komárková)
  • Convergence of returns on Chinese and Russian stock markets with world markets: national and sectoral perspectives. National Institute Economic Review. No. 223, February, 2013, R16-R34 (with Jan Babecký and Zlatuše Komárková)
  • Analysis of Sovereign Risk Market Indicators: The Case of the Czech Republic. Czech Journal of Economics and Finance, 62 (1), 2013, 5-24 (with Zlatuše Komárková and Jitka Lešanovská)
  • Financial Integration at Times of Financial Instability. Czech Journal of Economics and Finance, 63 (1), 2013, 25-45 (with Zlatuše Komárková and Jan Babecký)
  • Does Money Help Predict Inflation? An Empirical Assessment for Central Europe. Economic Systems, 35 (4), December 2011, 523–536 (with Roman Horváth and Filip Rozsypal)
  • Monetary Policy in a Small Economy after Tsunami: A New Consensus on the Horizon? Czech Journal of Economics and Finance. 61 (1), 5-33, 2011 (with Jan Frait and Zlatuše Komárková)
  • The Classification and Identification of Asset Price Bubbles. Czech Journal of Economics and Finance. 61 (1), 34-48, 2011 (with Ivana Kubicová)
  • Regional Analysis of Housing Price Bubbles and their Determinants in the Czech Republic. Czech Journal of Economics and Finance. 61 (1), 67-91, 2011 (with Michal Hlaváček)
  • Why Central Bankers Should Disclose Interest Rate Forecast. Czech Journal of Economics and Finance, 57 (11-12), 2007 (with Jan Filáček and Petr Král)
  • Transitional appreciation of equilibrium exchange rates and the ERM II. Transition Studies Review, 15 (1), 95-110, 2008 (with Martin Melecký)
  • Financial Integration of Stock Markets among New EU Member States and the Euro Area. Czech Journal of Economics and Finance, 57(7-8), 341-362, 2007 (with Jan Babecký and Zlatuše Komárková)
  • Monetary Policy and Asset Prices: What Role for Central Banks in New EU Member States? Prague Economic Papers, XVI (1), 3-23, 2007 (with Jan Frait)
  • Equilibrium Exchange Rates in the EU New Members: Methodology, Estimation and Applicability to ERM II. Prague Economic Papers, XVI (1), 24-37, 2007 (with Roman Horváth)
  • The Behavioral Equilibrium Exchange Rate of the Czech Koruna. Transition Studies Review, 14 (1), 105-121, 2007 (with Martin Melecký)
  • Foreign exchange interventions and interest rate policy in the Czech Republic: Hand in glove? Economic Systems, 30 (2), 121-140, 2006 (with Balasz Égert)
  • Demand for Money in a Transitional Economy: The Case of the Czech Republic 1993-2001. Eastern European Economics, 42 (5), 2004, 73–94 (with Martin Melecký)
  • Currency Substitution in a Transitional Economy with an Application to the Czech Republic. Eastern European Economics, 41 (4), 2003 (with Martin Melecký)
  • P-star model. Eastern European Economics, 36 (4), 1998 (with Jan Frait and Lumír Kulhánek)

 

Other Publications

  • Analyses of the Czech Republic's Current Economic Alignment with the Euro Area, 2016, 2015 2014, 2013, 2012, 2011, 2010, 2009, and 2008 (regular annual volume/book of the Czech National Bank on the economic preparedness of the Czech Republic for the euro adoption; collective of authors)
  • Money, pricing and bubbles. Series of Advanced Macroeconomic Issues. Faculty of Economics, VSB-TU Ostrava, 2013, p. 185
  • Macroprudential Policy in a Small Open Economy. Series of Advanced Macroeconomic Issues. Faculty of Economics, VSB-TU Ostrava, 2013, p. 213 (with Zlatuše Komárková and Jan Frait)
  • Will the New Monetary Policy Consensus Work for a Small, Open Economy? Central Banking. May 2011, Vol. XXI, No. 4, 77-88, 2011 (with Jan Frait and Zlatuše Komárková)

Other Information

Awards:
1996 The Best Diploma Thesis (Faculty of Economics, VSB-TU Ostrava)
1997 Young Economist Award, second prize by the Czech Economic Society
1998 Young Economist Award, first prize by the Czech Economic Society

Refereeing:
Grant Agency of the Czech Academy of Sciences, Czech Journal of Economics and Finance, Emerging Markets Finance and Trade, Ekonomický časopis, Politická ekonomie, Prague Economic Papers.

Academic career:
Professor, Faculty of Economics, VSB-TU Ostrava (2007-now); lecturer at University of Economics, Prague (1997-2012) and, professor at Charles University, Faculty of Social Science (2017-now)

Professional associations:
Czech Economic Society, Member of the Board (Vice-President in 2006-2007, President in 2008-2009).