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Central Bank Research Hub - Czech National Bank Working papers



The Convergence of a Transition Economy: The Case of the Czech Republic

by Jan Bruha, Jirí Podpiera and Stanislav Polák2007/03
(Sep 2007)
 Abstract
 Full text

U.S. Unemployment Duration: Has Long Become Longer or Short Become Shorter?, forthcoming

by Pedro Portugal2007 Welfare-Based Optimal Monetary Policy in a Two-Sector Small Open Economy, forthcoming/17
(2007)
 Abstract

The Time-Varying Policy Neutral Rate in Real Time: A Predictor for Future Inflation?

by Roman Horváth2007/4
(2007)
 Abstract

Does Reform Work? An Econometric Examination of the Reform-Growth Puzzle

by Ian Babetskii and Nauro F. Campos2007/2
(2007)
 Abstract

Measuring and Explaining Inflation Persistence: Disaggregate Evidence on the Czech Republic

by Ian Babetskii, Fabrizio Coricelli and Roman Horváth2007/1
(2007)
 Abstract

2006

Does Inflation Targeting Make a Difference?

by Frederic S. Mishkin, Klaus Schmidt-Hebbel2006/13
(Dec 2006)
 Abstract
 Full text

Housing Wealth and Household Indebtedness: Is there a HouseholdFinancial Accelerator'? (JEL D12, D14, R21)

by Richard Disney, Sarah Bridges, John Gathergood2006/12
(Dec 2006)
 Abstract
 Full text

Measures of Potential Output from an Estimated DSGE Model of the United States (JEL C11, E31, E32, E52)

by Michel Juillard, Ondrej Kameník, Michael Kumhof, Douglas Laxton2006/11
(Dec 2006)
 Abstract
 Full text

Degree of Competition and Export-Production Relative Prices when the Exchange Rate Changes: Evidence from a Panel of Czech Exporting Companies (JEL C33, D4, F31, F41)

by Jirí Podpiera, Marie Raková2006/10
(Dec 2006)
 Abstract
 Full text

Cross-Border Lending Contagion in Multinational Banks (JEL F37, G21, G28, G31)

by Alexis Derviz and Jirí Podpiera2006/09
(Dec 2006)
 Abstract
 Full text

The Maastricht Inflation Criterion: "Saints" and "Sinners" (JEL E31, E32, E42, F33)

by Aleš Bulír and Jaromír Hurník2006/08
(Dec 2006)
 Abstract
 Full text

Fiscal Implications of Personal Tax Adjustments in the Czech Republic (JEL E62, J31)

by Alena Bicáková, Jirí Slacálek, Michal Slavík2006/07
(Dec 2006)
 Abstract
 Full text

Issues in Adopting DSGE Models for Use in the Policy Process (JEL C11, C13, C51, C52)

by Martin Fukac and Adrian Pagan2006/06
(Nov 2006)
 Abstract
 Full text

New Keynesian Model Dynamics under Heterogeneous Expectations and Adaptive Learning (JEL E52)

by Martin Fukac2006/05
(Oct 2006)
 Abstract
 Full text

Supply-Side Performance and Structure in the Czech Republic (1995-2005) (JEL E23, O11, O12, O47)

by Kamil Dybczak, Vladislav Flek, Dana Hájková and Jaromír Hurník2006/04
(Oct 2006)
 Abstract
 Full text

Fiscal Sustainability - Definition, Indicators and Assessment of Czech Public Finance Sustainability (JEL E61, E62, H30, H62, H63)

by Aleš Krejdl2006/03
(Oct 2006)
 Abstract
 Full text

Generational Accounts in the Czech Republic (JEL E62, H61)

by Kamil Dybczak2006/02
(May 2006)
 Abstract
 Full text

Aggregate Wage Flexibility in Selected New EU Member States (JEL C22, C33, E24, E52, P20)

by Ian Babetskii2006/01
(Apr 2006)
 Abstract
 Full text

Cross-Border Lending Contagion in Multinational Banks

by Alexis Derviz and Jirí Podpiera2006/9
(2006)
 Abstract

The Maastricht Inflation Criterion: 'Saints" and 'Sinners"

by Aleš Bulír and Jaromír Hurník2006/8
(2006)
 Abstract

Fiscal Implications of Personal Tax Adjustments in the Czech Republic

by Alena Bicáková, Jirí Slacálek, Michal Slavík2006/7
(2006)
 Abstract

Issues in Adopting DSGE Models for Use in the Policy Process

by Martin Fukac and Adrian Pagan2006/6
(2006)
 Abstract

New Keynesian Model Dynamics under Heterogeneous Expectations and Adaptive Learning

by Martin Fukac2006/5
(2006)
 Abstract

Supply-Side Performance and Structure in the Czech Republic (1995-2005)

by Kamil Dybczak, Vladislav Flek, Dana Hájková and Jaromír Hurník2006/4
(2006)
 Abstract

Fiscal Sustainability - Definition, Indicators and Assessment of Czech Public Finance Sustainability

by Aleš Krejdl2006/3
(2006)
 Abstract

Aggregate Wage Flexibility in Selected New EU Member States

by Ian Babetskii2006/1
(2006)
 Abstract

2005

The Brave New World of Central Banking: The Policy Challenges Posed by Asset Price Booms and Busts (JEL E5, G0)

by Stephen G. Cecchetti2005/14
(Dec 2005)
 Abstract
 Full text

The Spline GARCH Model for Unconditional Volatility and its Global Macroeconomic Causes (JEL C14, C19)

by Robert F. Engle and Jose Gonzalo Rangel2005/13
(Dec 2005)
 Abstract
 Full text

An Economy in Transition and DSGE: What the Czech National Bank's New Projection Model Needs (JEL C32, E32)

by Jaromír Beneš, Tibor Hlédik, Michael Kumhof and David Vávra2005/12
(Dec 2005)
 Abstract
 Full text

The Application of Structured Feedforward Neural Networks to the Modelling of Daily Series of Currency in Circulation (JEL C45, C53)

by Marek Hlavácek, Michael Konák and Josef Cada2005/11
(Dec 2005)
 Abstract
 Full text

Solving SDGE Models: A New Algorithm for the Sylvester Equation (JEL C63, C68)

by Ondrej Kameník2005/10
(Dec 2005)
 Abstract
 Full text

Exchange rate variability, pressures and optimum currency area criteria: Implications for the central and eastern european countries (JEL E58, F15, F31)

by Roman Horváth2005/08
(Dec 2005)
 Abstract
 Full text

Foreign exchange interventions and interest rate policy in the Czech Republic: Hand in glove? (JEL F31)

by Balázs Égert, Luboš Komárek2005/07
(Dec 2005)
 Abstract
 Full text

Deteriorating cost efficiency in commercial banks signals an increasing risk of failure (JEL E58, J21, J28)

by Anca Podpiera, Jirí Podpiera2005/06
(Dec 2005)
 Abstract
 Full text

The behavioural equilibrium exchange rate of the Czech koruna (JEL C52, C53, E58, E61, F31)

by Luboš Komárek, Martin Melecký2005/05
(Dec 2005)
 Abstract
 Full text

The monetary transmission mechanism in the Czech Republic (evidence from VAR analysis) (JEL E37, E52)

by Katerina Arnoštová, Jaromír Hurník2005/04
(Dec 2005)
 Abstract
 Full text

Determining factors of Czech foreign trade: A cross-section time series perspective (JEL C23, F14, F32)

by Vladimír Benácek, Jirí Podpiera, Ladislav Prokop2005/03
(Nov 2005)
 Abstract
 Full text

Structural and Cyclical Unemployment: What Can We Derive from the Matching Function? (JEL C23, E24, E32, J41, J64)

by Kamil Galušcák and Daniel Münich2005/02
(Aug 2005)
 Abstract
 Full text

Effects of Macroeconomic Shocks to the Quality of the Aggregate Loan Portfolio (JEL C51, G18, G21)

by Ivan Baboucek and Martin Jancar2005/01
(Jun 2005)
 Abstract
 Full text

Exchange rate variability, pressures and optimum currency area criteria: Implications for the central and eastern european countries

by Roman Horváth2005/8
(2005)
 Abstract

Foreign exchange interventions and interest rate policy in the Czech Republic: Hand in glove?

by Balázs Égert, Luboš Komárek2005/7
(2005)
 Abstract

Deteriorating cost efficiency in commercial banks signals an increasing risk of failure

by Anca Podpiera, Jirí Podpiera2005/6
(2005)
 Abstract

The behavioural equilibrium exchange rate of the Czech koruna

by Luboš Komárek, Martin Melecký2005/5
(2005)
 Abstract

Determining factors of Czech foreign trade: A cross-section time series perspective

by Vladimír Benácek, Jirí Podpiera, Ladislav Prokop2005/3
(2005)
 Abstract

Structural and Cyclical Unemployment: What Can We Derive from the Matching Function?

by Kamil Galušcák and Daniel Münich2005/2
(2005)
 Abstract

Effects of Macroeconomic Shocks to the Quality of the Aggregate Loan Portfolio

by Ivan Baboucek and Martin Jancar2005/1
(2005)
 Abstract

2004

Exchange rates in the New EU accession countries: What have we learned from the forerunners? (JEL F31, F33, F36, F47)

by Aleš Bulír, Katerina Šmídková2004/10
(Dec 2004)
 Abstract
 Full text

Beyond Balassa - Samuelson: Real appreciation in tradables in transition countries (JEL F12, F15)

by Martin Cincibuch , Jirí Podpiera2004/09
(Dec 2004)
 Abstract
 Full text

Eigenvalue decomposition of time series with application to the Czech business cycle (JEL C32, E32)

by Jaromír Beneš, David Vávra2004/08
(Dec 2004)
 Abstract
 Full text

Anatomy of the Czech labour market: from over-employment to under-employment in ten years? (JEL E24, J21, J30, J31, J44, J61, J62, J63, J64, J65)

by Vladislav Flek, ed.2004/07
(Dec 2004)
 Abstract
 Full text

Credit Risk and Bank Lending in the Czech Republic (JEL G21, G23, G28)

by Narcisa Kadlcáková, Joerg Keplinger2004/06
(Aug 2004)
 Abstract
 Full text

Identification and measurement of relationships concerning inflow of FDI: The case of the Czech Republic (JEL C22, F21, F23)

by Petr Král2004/05
(Jun 2004)
 Abstract
 Full text

Consumers, Consumer Prices and the Czech Business Cycle Identification (JEL C30, E31, E32, E37)

by Jirí Podpiera2004/04
(May 2004)
 Abstract
 Full text

The Role of Banks in the Czech Monetary Policy Transmission Mechanism (JEL E48, E51, E52, E58, G21)

by Anca Pruteanu2004/03
(Apr 2004)
 Abstract
 Full text

EU Enlargement and Endogeneity of some OCA Criteria: Evidence from the CEECs (JEL E32, F30, F42)

by Ian Babetskii2004/02
(Mar 2004)
 Abstract
 Full text

Predicting Bank CAMELS and S&P Ratings: The Case of the Czech Republic (JEL C53, E58, G21, G33)

by Alexis Derviz, Jirí Podpiera2004/01
(Jan 2004)
 Abstract
 Full text

Beyond Balassa - Samuelson: Real appreciation in tradables in transition countries

by Martin Cincibuch , Jirí Podpiera2004/9
(2004)
 Abstract

Eigenvalue decomposition of time series with application to the Czech business cycle

by Jaromír Beneš, David Vávra2004/8
(2004)
 Abstract

Anatomy of the Czech labour market: from over-employment to under-employment in ten years?

by Vladislav Flek, ed.2004/7
(2004)
 Abstract

Credit Risk and Bank Lending in the Czech Republic

by Narcisa Kadlcáková, Joerg Keplinger2004/6
(2004)
 Abstract

Identification and measurement of relationships concerning inflow of FDI: The case of the Czech Republic

by Petr Král2004/5
(2004)
 Abstract

Consumers, Consumer Prices and the Czech Business Cycle Identification

by Jirí Podpiera2004/4
(2004)
 Abstract

The Role of Banks in the Czech Monetary Policy Transmission Mechanism

by Anca Pruteanu2004/3
(2004)
 Abstract

EU Enlargement and Endogeneity of some OCA Criteria: Evidence from the CEECs

by Ian Babetskii2004/2
(2004)
 Abstract

Predicting Bank CAMELS and S&P Ratings: The Case of the Czech Republic

by Alexis Derviz, Jirí Podpiera2004/1
(2004)
 Abstract

2003

Modelling the second-round effects of supply-side shocks on inflation (JEL E31, E52, F41)

by Tibor Hlédik2003/12
(Dec 2003)
 Abstract
 Full text

ERM II Membership - the View of the Accession Countries (JEL E32, E52, E58, F33, F42)

by Luboš Komárek, Zdenek Cech, Roman Horváth2003/11
(Dec 2003)
 Abstract
 Full text

Optimum currency area indices - how close is the Czech Republic to the eurozone? (JEL E52, E58, F33, F42)

by Luboš Komárek, Zdenek Cech, Roman Horváth2003/10
(Dec 2003)
 Abstract
 Full text

Credit Risk, Systemic Uncertainties and Economic Capital Requirements for an Artificial Bank Loan Portfolio (JEL G21, G28, G33)

by Alexis Derviz, Narcisa Kadlcáková, Lucie Kobzová2003/09
(Dec 2003)
 Abstract
 Full text

Price convergence: What can the Balassa-Samuelson model tell us? (JEL E31, E52, E58, F15, P22)

by Tomáš Holub, Martin Cihák2003/08
(Dec 2003)
 Abstract
 Full text

Czech fiscal policy: Introductory analysis (JEL E62, H11, H5, H6, H81)

by Vladimír Bezdek, Kamil Dybczak, Aleš Krejdl2003/07
(Nov 2003)
 Abstract
 Full text

FOREX microstructure, invisible price determinants, and the central bank's understanding of exchange rate formation (JEL C72, F31, G15)

by Alexis Derviz2003/06
(Jul 2003)
 Abstract
 Full text

Some exchange rates are more stable than others: short-run evidence from transition countries (JEL C32, F31, F33)

by Aleš Bulír2003/05
(Jul 2003)
 Abstract
 Full text

Components of the Czech koruna risk premium in a multiple-dealer FX market (JEL D49, D82, F31, G11, G29)

by Alexis Derviz2003/04
(Jul 2003)
 Abstract
 Full text

Determining factors of the Czech foreign trade balance: Structural Issues in Trade Creation (JEL C23, F14, F32)

by Vladimír Benácek, Ladislav Prokop, Jan Á. Víšek2003/03
(Jul 2003)
 Abstract
 Full text

Price convergence to the EU: What do the 1999 ICP data tell us? (JEL E31, E52, E58, F15, P22)

by Martin Cihák, Tomáš Holub2003/02
(May 2003)
 Abstract
 Full text

Microfoundations of the wage inflation in the Czech Republic (JEL C23, E24, J31, J64)

by Kamil Galušcák, Daniel Münich2003/01
(Apr 2003)
 Abstract
 Full text

Credit Risk, Systemic Uncertainties and Economic Capital Requirements for an Artificial Bank Loan Portfolio

by Alexis Derviz, Narcisa Kadlcáková, Lucie Kobzová2003/9
(2003)
 Abstract

Price convergence: What can the Balassa-Samuelson model tell us?

by Tomáš Holub, Martin Cihák2003/8
(2003)
 Abstract

Czech fiscal policy: Introductory analysis

by Vladimír Bezdek, Kamil Dybczak, Aleš Krejdl2003/7
(2003)
 Abstract

FOREX microstructure, invisible price determinants, and the central bank's understanding of exchange rate formation

by Alexis Derviz2003/6
(2003)
 Abstract

Some exchange rates are more stable than others: short-run evidence from transition countries

by Aleš Bulír2003/5
(2003)
 Abstract

Components of the Czech koruna risk premium in a multiple-dealer FX market

by Alexis Derviz2003/4
(2003)
 Abstract

Determining factors of the Czech foreign trade balance: Structural Issues in