| Description: |
Within partial project of IES within 2005-2011 there were formed four research teams with following topics:
1.Institutional Aspects of the European Integration and Integration of the Czech Economy
The project will discuss integration of the Czech economy into the EU from the institutional point of view. The standpoint of the Czech Republic is analysed from two perspectives: (i) reflection of the recent development, and (ii) exploration of the next horizons in the EU and world context. As a synthesis, (iii) an explicit link between the two perspectives is provided by analysis on how past institutional setting projects itself into today and future problems.
The first branch focuses on the reflection of Czech economic development. Its approach is based on institutional analysis of transition, and discussion of development of institutional thought in the Czech republic and abroad, resulting into assessment of mutual influences of both in the course of Czech transition.
The second branch deals with current and future problems. It containts both concrete and more general insights. From present issues and their institutional framework, there follows discussion of long run choice of macroeconomic goals and corresponding negative consequences of quantitative economic methodology.
Explicit links between the two branches may be viewed as a synthesis of the two perspectives. This part contains discussion of contemproary trend of global wealth differentiation, and discussion of strong persistence of behavioral institutions inherited from the past after institutional change, relevant both to economic transition and EU accession.
Last but not least, the composition of the research team will enable indispensable inter-generation dialogue and transfer of experience from prof. Kouba and Mlcoch but also Luděk Rychetník towards doctoral and master researchers.
Team leader: Prof. Ing. Lubomír Mlčoch, CSc.
2.Microeconomic and macroeconomic aspects od intgration of the Czech republic into EU and EMU
Merging of two open systems generally opens to both systems new and new possibilities and dangers. Both possibilities and dangers are to be evaluated - that is their benefits and costs must be specified and their chances and risks assessed – and managed. Project applies this basic “system methodology” in systems defined as “the economic system of the CR” and “the economic system of the EU”. Both systems are to be modelled as networks. This allows to take into account different possibilities – especially of households and firms – of reactions under uncertainty or “fundamental” uncertainty. Project is going to be solved in two stages, 18 months each. In the first stage, models – networks characterising both the Czech and EU economy will be created. These models will be merged and their dynamic behaviour under different types of possibilities and dangers and different reactions to uncertainty and “fundamental” uncertainty will be studied. An important part of research in this stage will be the analysis of methods of chance and risk assessment for small chances and risks and under “fundamental” uncertainty and the analysis of optimal reactions of the decision makers in such situations. In the second stage, basic possibilities and dangers in the merging of the Czech republic and the EMU (the basic situation until 2010 approximately) will be classified . Those basic possibilities and dangers will be assessed and algorithms for the management of relevant chances and risks will be suggested. Different scenarios for the economic development during the merging of the Czech republic to the EU will be defined.
3.Economic Policies in an Enlarged European Union and the Czech Economy
Our project aims at integrating hitherto independent research agendas in the realm of economic policies and in the European integration context. We will also interlink economic and political factors of the reasearch, focusing on the decision process on both national and European level.
This approach will allow us to model impact of the EU membership on national economic policies and their mutual compatibility. The main topics of our agenda include public budgets and their role in the European integration, competitiveness of the European economy in the context of anti-monopoly policies and support of small and medium enterprises and entrepreneurship.
We aim at an analysis of the sustainability (or lack of it) of the existing economic policy framework and paradigm both within the European Union and in the Czech Republic. We will devote special interest to the economic policy institutional background and the impact of aging European population on the economic policy setting, both political and economical.
Team leader: MPhil. Ing. Ondřej Schneider, PhD.
4.Financial markets
This team project will pay attention to the financial markets development. The reason for this concentration is both the importance of financial markets for the Czech economy and the very eventful and budgetary significant history of this sector in the Czech Republic (CR). We will concentrate on the study of competing models of financial market organization in EU and CR, i.e. the market oriented anglo-saxon model and the bank oriented continental model. While the Czech economy has already chosen the bank oriented system, the changes of bank systems in EU countries, especially possible break-up or endangering of special position of “Landesbank system” in Germany, may have a number of implications for the European-wide banking market. This topic will be further extended through the analysis of the development of the institutional framework of the capital markets in the CR. Another connected topic will be the development of the corporate governance and the influence of corporate governance on the Czech and European financial markets. The last topic will be a study of the efficiency of the European stock markets and the possibilities of their integration, including the integration of the Czech capital market.
Team leader:prof.Michal Mejstrik |
| Publications: |
An Alternative Assessment of Entrepreneurs’ Activities in Terms of Financial Stability – A Case Study
VaR Forecasting in Times of Increased Volatility
"Efficiency, persistence and predictability of Central European Stock Markets" In: Banking and Financial Markets in Central and Eastern Europe after 20 years of transition
"Entropy" Interpretations of the Convergence Process in the EU
A Complex View on Finance and Banking from Prof. Stanislav Poloucek (Book review)
A Model of Human Capital, Time Discounting and Economic Growth
A note on the Supreme Court's judgment on intra-group guarantees
A Survey of Rankings of Economic Departments: Global, American, European and National
A Survey of Rankings of Economic Departments: Global, American, European and National
Accounting Conservatism and Transitory Earnings in Value and Growth Strategies
Adverse Feedback Loop in the Bank-Based Financial Systems
Agricultural Credit Risk Alleviation by Government Interventions in Czech Republic and Poland
Agricultural Credit Risk Alleviation by Government Interventions in Czech Republic and Poland
Agricultural Credit Risk Alleviation by Government Interventions in Czech Republic and Poland
Aid and Foreign Direct Investment: Substitutes, Complements or Neither?
Alternative Approaches of Evaluation of Economy´s Financial Stability
Alternative Methods to Operational Risk Management
An Alternative Approach (using the VBA Programme) to Collateralized Debt Obligations´ Valuation
Applying (micro)economic methodology in the making and interpretation of private law
Arithmetics of Property Rights: A Leontief-type Model of Ownership Structures
Arithmetics of Property Rights: A Leontief-type Model of Ownership Structures
Assessing Inflation Persistence: Micro Evidence on an Inflation Targeting Economy
Asymmetric Monetary Policy in the Czech Republic?
Balance Sheet Test Reintroduced into Czech Insolvency Law
Bank Efficiency in Transitional Countries: Sensitivity to Stochastic Frontier Design
Bank Stress Tests as an Information Device for Emerging Markets: The case of Russia
Bankruptcies with Soft Budget Constraint
Barunik J., Sotak B.: Influence of Different Ownership Forms on Effectivity of Czech and Slovak Banks: Stochastic Frontier Approach
Barunik J., Vacha L., Vosvrda M.: Smart Predictions in the Heterogeneous Agent Model
Barunik J., Vacha L., Vosvrda M.: Tail Behavior of the Central European Stock Markets During the Financial Crisis
Barunik J., Vacha L.: Monte Carlo-based tail exponent estimator
Barunik J., Vosvrda M.: Can a stochastic cusp catastrophe model explain stock market crashes?
Baruník J.: How Does Neural Networks Enhance the Predictability of Central European Stock Returns?
Barunik, J. & Kristoufek, L.: On Hurst exponent estimation under heavy-tailed distributions
Barunik, J. & Vacha, L. & Kristoufek L.: Comovement of Central European stock markets using wavelet coherence: Evidence from high-frequency data
Basic Principles of Banking
Basics of Finance
Behavioral Foundations of Microcredit: Experimental and Survey Evidence From Rural India
Behavioral Foundations of Microcredit: Experimental and Survey Evidence from Rural India (M. Bauer, J. Chytilová, J. Morduch)
Between Contract, Property and the Corporation: The Law of Trust in the Proposed New Czech Civil Code
Black swans and operational risk management
Book review - Pradeep Chhibber & Ken Kollman: The Formation of National Party Systems
Book review: Pavel Pelikan and Gerhard Wegner, eds.: The Evolutionary Analysis of Economic Policy
Budget Process and Special Interests: Theory and Empirics in the Czech Republic
Budgetary Rules and Budget Process: Theory, Empirics, and the Case of the Czech Republic
Budgetary Rules and Budget Process: Theory, Empirics, and the Case of the Czech Republic
Building Blocks of the Cabinet Insolvency Reform Bill - part I
Building Blocks of the Cabinet Insolvency Reform Bill - part II
Bureaucratic Constraint of the Quality of Regulation
Can Motivation Theory Explain Migration Decisions?
Can the Theory of Motivation Explain Migration Decisions?
Causes of Deviations from the CNB‘s Inflation Targets: An Empirical Analysis
Centralization Trade-off with Non-Uniform Taxation
Centralization Trade-off with Non-Uniform Taxes
Collateralized debt obligations and credit risk management
Committed to Deficit: The Reverse Side of Fiscal Governance
Complete Almost Ideal Demand System Approach to Czech Alcohol Demand
Complex systems in the theories of F.A. Hayek and H.A.Simon
Complex Systems in the Theories of F.A.Hayek and H.A.Simon (J.Chytilová, N.Reichlová)
Consequences of The 2008-2009 Global Crisis on Financial Stability And Entrepreneurs
Contribution to discussion on reform of pension system
Cooperative Behavior and Economic Growth
Cooperative Behavior and Economic Growth
Corporate Insolvency and Macroeconomic Determinants
Corporate Interest Rates and the Financial Accelerator in the Czech Republic
Corporate Sector vs. Crisis
Credit default swaps as credit risk mitigant?
Credit derivatives - threat or opportunity?
Credit Insurance: EU context
Credit losses during the crisis 2007 – 2009: from contagion to recovery
Credit risk and financial crises
Credit risk and stress testing of the Czech Banking Sector
Credit Risk and the Finnish Economy
Credit Risk and the Macro-Economy
Credit risk in European banks mergers and acquisitions
Credit risk management during the 2007 – 2009 global crisis
Credit risk management lessons from Czech banks for the Chinese banking sector
Credit Support of Investment in the Czech Republic
Crime without punishment: firms and their financial statements
Cross-Border Risk Transmission by a Multinational Bank
Cruel altruism
Czech
Czech insolvency reform in light of its Slovak inspiration: similarities and differences
Čtyři mechanizmy příjmové diferenciace
Debts threaten the household sector
Demand for Insurance: Comparison of von Neumann-Morgenstern's and Kahneman-Tverovsky's Approaches
Demand function for insurance: comparison of maximization of Pareto probability of survival with von Neumann´s theory EUT theory EUT and with prospect theory of Kahnemana and Tversky
Determinants of desired fertility in Uganda: Microeconomic evidence (M. Bauer, J. Chytilová, P. Streblov)
Determinants of high fertility in Uganda: Microeconomic Evidence
Development of formal and informal institutions in the Czech Republic and other new EU Member States before the EU entry: did the EU pressure have impact?
Development of formal and informal institutions in the Czech Republic and other new EU Member States before their EU entry: did the EU pressure have impact?
Distribution and Dynamics of Central-European Exchange Rates: Evidence from Intraday Data
Do Central Bank Forecast Errors Contribute to Missing of Inflation Targets? The Case of Czech Republic
Do children make women more patient? Experimental evidence from Indian villages
Does Credit Risk Vary with Economic Cycles? The Case of Finland
E-Pressure through Internet against Monopoly
Economic Criterion in Non-profit Economic Surrounding
Economic dimension of life quality and sustainability
Editing of the Manuscript "Josef Macek: How Do We Think? Survey of the Ways of Reasoning"
Effects of Education on Determinants of High Desired Fertility: Evidence from Ugandan Villages
Effects of Education on Determinants of High Desired Fertility: Evidence from Ugandan Villages
Effects of Education on Determinants of High Desired Fertility: Evidence from Ugandan Villages
Effects of Education on Determinants of High Desired Fertility: Evidence from Ugandan Villages (M. Bauer, J. Chytilová, P. Streblov)
Efficiency of EU Merger Control in the 1990-2008 Period
Efficiency of Fairness in Voting Systems
Ekonomická dimenze kvality a udržitelnosti života
Electoral dismissal in CEE: Research note for Kornai 2005
Estimating Expected Loss Given Default in an Emerging Economy: The Case of Czech Republic
Estimating Time-Varying Policy Neutral Rate in Real Time
Ethical vs. Non-Ethical – Is There a Difference? Analyzing Performance of Ethical and Non-Ethical Investment Funds
Euro adoption strategy: risks and challenges
European Deposit Insurance Schemes: Impact of Changes in 2008
European Social Model and Growth: Where are Eastern European Countries Heading for? (M. Mejstřík, J. Chytilová)
European Social Models and Growth: Where are the Eastern European countries heading?
European Social Models and Growth: Where are the Eastern European countries heading? (M. Mejstřík, J. Chytilová)
European Union Governance - Challenges and Opportunities
Execution, bankruptcy and their macroeconomic determinants
Exchange Rate Arrangements Prior to Euro Adoption
Exchange Rate Variability, Pressures and Optimum Currency Area Criteria: Implications for the Central and Eastern European Countries
Exit Strategies from The Global Crisis
Experimental and Survey Data from Rural Karnataka (data set)
Financial Accelerator Effects in the Balance Sheets of Czech Firms
Financial Accelerator Effects in the Balance Sheets of Czech Firms
Firms formation and growth in the model with heterogeneous agents and monitoring
Fiscal developments and financial stress: a threshold VAR analysis.
Fiscal Policy in New EU Member States – Go East Prudent Man
Forecasting the Quantiles of Daily Equity Returns Using Realized Volatility: Evidence from the Czech Stock Market
Forecasting the Quantiles of Daily Equity Returns Using Realized Volatility: Evidence from the Czech Stock Market
Foreign Banks, Foreign Lending and Cross-Border Contagion: Evidence from the BIS Data
Foreign Banks, Foreign Lending and Cross-Border Contagion: Evidence from the BIS Data
Foreign Direct Investment and Productivity Spillovers in the Central and Eastern European Countries
Generalized Coase Theorem
Generalized microeconomics
Generalized microeconomics
Getting Institutions Right: Reforms of Banking Sectors in the Czech Republic and Romania
Government Support of the Czech Agricultural Credit in the Period before the Accession to the European Union
Government Support of the Czech Agricultural Credit in the Period Before the Accession to the European Union
Government Support of the Czech Export Credit
Gravity and fiscal models of government support of export credit in the Czech Republic
Half of Indebted Households Could Face Difficulties
Herding behavior in networks with different topologies
Heterogeneous Agents Model with the Worst Out Algorithm
Heterogeneous returns and the persistence of agricultural technology adoption
History of European monetary integration: From national currencies to euro
Household Balance Sheets and Economic Crisis
Household Financial Distress and Economic Policy Implications
Household Response to the Economic Crisis
Household Response to the Economic Crisis
Household Response to the Economic Crisis: Micro-simulation for the Czech Economy
Households’ response to economic crisis
How (not) to improve the legislative process
How Important Are Foreign Shocks in Small Open Economy? The Case of Slovakia
How Important Is the Adverse Feedback Loop for the Banking Sector?
How to Stress Test Credit Risk for Economics and Credit Portfolios? Evidence for the Czech Republic and Germany
Impact of CO2 Emissions Reductions on Firms’ Finance in an Emerging Economy: The Case of Czech Republic
Impact of CO2 Emissions Reductions on Firms’ Finance in an Emerging Economy: The Case of Czech Republic
Impact of CO2 Emissions Reductions on Firms’ Finance in an Emerging Economy: The Case of Czech Republic
Impact of parametric changes in deposit insurance schemes in 2008
Impacts of the electronic Insolvency Register on the Czech business environment
Implications of The 2008 Financial Crisis for World Financial Markets
Implications of the New Basel Capital Accord for European Banks
Implied Market Loss Given Default in the Czech Republic: structural-model approach
In re Fischer: A wake up call from Europe
Indicators of Financial System Stability: Towards an Aggregate Financial Stability Indicator?
Inefficient centralization of imperfect complements
Inflation Differentials in New EU Member States: An Empirical Evidence
Inflation Differentials in New EU Member States: Empirical Evidence
Inflation Target Fulfillment in the Czech Republic in 1998–2007: Some Stylized Facts
Insolvency Law
Instituce státní úvěrové podpory v České republice
Institutional Research Capital and Individual Performance of Economists in the CR
Institutions
Inter-Institutional and Intra-Institutional Influence in European Union Decision Making. In: Cahlík T. at al., European Union Governance-Challenges and Opportunities, Matfyzpress, Prague, Chapter 2, 33-55.
Intraday Value-at-Risk and Intraday Seasonality: A Quantile Regression Approach
Introduction to 欧盟一体化结构变迁与对外政策 (Oumeng yitihua jiagoubianqian yu duiwaizhengce)
Is There a Real Differentiation of Economic Educational Institutions on Research Oriented and Teaching Oriented?
Judging the Sustainability of Czech Public Finances
Jurisdictional Competition via Spending Composition: The Case of the Czech Republic
K. Kouba and his position in the Czech economic thought
KEY ECONOMIC POLICY LESSONS FROM THE 2008 FINANCIAL CRISIS
Key Operational Risk Management Techniques
Koordinace hospodářské politiky zemí EU a její meze
Kristoufek, L.: Classical and modified rescaled range analysis: Sampling properties under heavy tails
Kristoufek, L.: How are rescaled range analyses affected by different memory and distributional properties? A Monte Carlo study
Kristoufek, L.: Local Scaling Properties and Market Turning Points at Prague Stock Exchange
Kristoufek, L.: Local Scaling Properties and Market Turning Points at Prague Stock Exchange
Kristoufek, L.: Long-range dependence in returns and volatility of Central European Stock Indices
Kristoufek, L.: Long-range dependence in returns and volatility of Central European Stock Indices
Kristoufek, L.: Long-term memory and its evolution in returns of stock index PX between 1997 and 2009
Kristoufek, L.: Multifractal Height Cross-Correlation Analysis
Kristoufek, L.: Multifractal Height Cross-Correlation Analysis
Kristoufek, L.: On Spurious Anti-Persistence in the US Stock Indices
Kristoufek, L.: Rescaled range analysis and detrended fluctuation analysis: finite sample properties and confidence intervals
Labour migration and welfare effects of free mobility of labour in the common market, in: Mejstřík, M. at al., Social-Eeconomic Models and Policies to Support Active Citizens: Czech Republic and Europe, Chapter 4, Matfyzpress, Prague, 89-102
Law of cumulative advantages in the evolution of scientific fields
Lender and Borrower as Principal and Agent
Liquidity Market Support during the Global Crisis
Liquidity Risk and Banks’ Bidding Behavior: Evidence from the Global Financial Crisis
Liquidity risk management in Central Europe during the global crisis
Lizal M., Mejstrik M., The Best Economic Faculty - but nonvisible, Hospodarske noviny 2007
Macroeconomic Environment and Credit Risk
Main drivers of natural gas prices in the Czech Republic - market reform vs. long term contracts
Main Flaws of The Collateralized Debt Obligation‘s Valuation Before And During The 2008/2009 Global Turmoil
Managing Quality of the Educational Process
Markets vs Politics: Correcting Erroneous Beliefs Differently
Markets vs Politics: Correcting Erroneous Beliefs Differently
Mathematical models of oligopolies’ behaviour
Mathematics of Politics, Economics Methodology in Political Science
Measuring Bank Efficiency: A Meta-Regression Analysis
Measuring the Quality of Institutions Supporting Financial Markets
Mejstrik M., 2011, The Framework of the Competitiveness Strategy by NERV
Mejstrik M., Chytilova J., European Social model and Growth:where are Eastern European Countries heading for ? In: Gaspar Jaksa Budapest, 2006
Mejstrik M., Chytilova J.,Comparison of ESM - in Chinese, 2010
Mejstrik M., Insolvency Act Motto...
Mejstrik M., The competitive strategies, 2010
Mejstrik M., Yang Ye: Structural Changes in the Economies of CEE Countries - Implications for Foreign Policies, 欧盟一体化结构变迁与对外政策 (Oumeng yitihua jiagoubianqian yu duiwaizhengce)
Mejstrik M.,Chytilova J.,European Social Models and Growth: Where are the Eastern European countries heading?,Prague Social Science Studies, ISSN 1801-5999
Mejstrik M.,K.:Corporate Governance, Ownership Concentration and FDI in CR. In:Corporate Restructuring and Governance in transition Countries (ed.B.Dallago,I.Iwasaki),Palgrave
Mejstrik M.,Small and medium businesses in CR in the face of uniform European market in the light of empirical survey, 2005
Mejstrik, M., The ignorance and arrogance in fiscal policy
Mejstrik, M., We should not risk the loss of competitivness, MFDnes 10.7.2010
Mejstřík, M., Janský, P., No way ahead without reforms
Meta-Analysis of Bank Efficiency Measurement in Transitional Countries
Meta-Analysis of Intra-Industry FDI Spillovers: Updated Evidence
Methodology and Empirical Analysis of Social Changes and Economic Risk in Complex Systems
Migration, European Social Models and social security systems: Lessons learned from Great Depression for the current financial crisis
Model of Credit Risk under Market Power of Lender
Modeling Capital Requirements for Operational Risk in Emerging Markets’ Banks
Modeling Electronic FX Brokerage as a Fast Order-Driven Marketunder Heterogeneous Private Values and Information
Modeling Long-Term Electricity Contracts at EEX
MODELING LONG-TERM ELECTRICITY CONTRACTS AT EEX
Modeling Prices of Electricity Futures at EEX
Modelling Local Civic Initiatives in CEEC
Models of dividend distribution and taxation
Models of Political Cycles: The Czech Experience
Models of Political Cycles: The Czech Experience
Monetary Policy before Euro Adoption: Challenges for EU New Members
Monetary Policy before Euro Adoption: Challenges for New EU Members
Multi-Agent Approaches in Economics
Multi-Agent Approaches in Economics
Multi-agent approaches, F. A. Hayek and H. A. Simon
Multi-Agent Model of Migration Networks
Multi-agent systems in F.A.Hayek's and H.A.Simon's work
Multiagent Approaches in Economics
Multiagent Approaches in Economics
Multiagent models of migration
Mutli-Agent Approaches in Economics
National and Ideological Influence in the European Parliament
National and Ideological Influence in the European Parliament, Control and Cybernetics, 37, No. 3
National, Political and Institutional Influence in European Union Decision Making, AUCO Czech Economic Review, 2, No. 2, 154-173.
Negative and Positive Lessons from The 2007-2008 Financial Crisis
Network Approaches in Economics
New Approach to Sales of Corporate Control
New Measure of Voting Power
New Measure of Voting Power, AUCO-Czech Economic Review, vol. 1, No. 1, pp. 4-14
New Member countries’ labour markets during the Crisis
New Member countries’ labour markets during the Crisis
New Option for Households to Manage Over-Indebtedness
Non-clearing equilibrium on the labour market as a consequence of rational behaviour - Model of trade-off between wage level and monitoring quality
Nová politická ekonomie [Political Economics]
NVosvrda M., Kodera J., Sladky K.: Neo-Keynesian and Neo-Classical Macroeconomic Models:Stability and Lyapunov Exponents (2005)
On Computation of C-stationary Points for Equilibrium Problems with Linear Complementarity Constraints via Homotopy Method
On criminal law's responses to "tunneling"
On forgotten heterogeneity and absence of long-term growth in Africa
On forgotten heterogeneity and absence of long-term growth in Africa
On the Importance of Clean Accounting Measures for the Tests of Stock Market Efficiency
On the Intensity of International Subsidy Competition
On the strategic non-complementarity of complements
One Flight over Czech Security Interests: Priorities and other Monsters of Post-Transformation Debtor/Creditor Law
Operational Risk - Scenario Analysis
Operational Risk – Scenario Analysis
Operational Risk And Economic Capital Modeling
OPERATIONAL RISK MANAGEMENT – STRESS TESTING AND SCENARIO ANALYSIS
Operational Risk Management and Implications for Bank’s Economic Capital – A Case Study
Optimal Debt Contracts in Emerging Markets with Multiple Investors
Optimal Deterministic Debt Contracts
Our various ownership rights: constitutional (and other) comments on Supreme Court opinion NS Cpjn 201/2005
People of the road: the role of ethnic origin in migration decisions. A study of Slovak Roma asylum-seekers in the Czech Republic in 1998-2006
Performance and financing of the corporate sector: the role of foreign direct investment
Perspectives on A New Global Financial Platform
Pojištění jako nástroj řízení operačního rizika
Policy Risk in Action: Pension Reforms and Social Security Wealth in Hungary, Czech Republic and Slovakia
Political Economy of Public Deficit: Perspectives for Constitutional Reform
Political Pressure on Central Banks: The Case of the Czech National Bank
Political Risk of Social Security: Evidence from Reforms in Hungary and the Czech Republic
Politický a ekonomický slang [Political and Economic Slang]
Principal - Agent Problem in the Context of the Economic Survival
Principal-agent Problem in the Context of the Economic Survival
Procyclicality in Basel II and Basel III in Central Europe
Productivity, Export Performance, and Financing of the Czech Corporate Sector: The Effects of Foreign Direct Investment
Public eProcurement case study: Czech Public eProcurement Information System
Public Sector Efficiency in the New EU Member States
Publication Portfolio of the Czech Economists and Problems of Rankings
Publication Portfolio of the Czech Economists and Problems of Rankings, Ekonomický časopis - Journal of Economics, vol. 55, No. 7, pp. 623-645
Real Equilibrium Exchange Rates: To What Extent Applicable for Setting Central Parity?
Reconciling the European Registered Capital Regime with Modern Corporate Reorganization Law: Experience from the Czech Insolvency Law Reform
Regulatory Impact Assessment (RIA) is getting wide-spread in Europe and CR
Relation between Cyclically Adjusted Budget Balance and Growth Accounting Method of Deriving ‘Net Fiscal Effort’
Relationship Lending in Emerging Markets: The Case of the Czech Republic
Relationship Lending, Firms’ Behaviour and Credit Risk: Evidence from the Czech Republic
Reorganization under the new Czech Insolvency Act
Reorganizing Czech Businesses: A Bankruptcy Law Reform under a Recession Stress-Test
Rising unit values of Central and Eastern European exports: Rising quality in transition?
Risk Management Lessons from The Current Financial Crisis
Risks and Challenges of Monetary Strategy for Euro Adoption
Rose Effect and the Euro: Is the Magic Gone?
Scoring as an indicator of financial stability
Seasonality and the Non-Trading Effect on Central European Stock Markets
Signaling the Strength of a Market Entrant in a United Europe
SOCIAL-ECONOMIC MODELS AND POLICIES TO SUPPORT ACTIVE CITIZENS: CZECH REPUBLIC AND EUROPE
Sovereign Credit Risk Measures
Sovereign risk – how can we measure it?
Sovereign Wealth Funds
Strategic Implications of The 2008 Financial Crisis
Strategic Referring in Labor Market Social Networks
Strategic Referring in Labor Market Social Networks
Stress Testing Credit Risk: Comparison of the Czech Republic and Germany
Stress testing of the Czech banking sector
Stress Testing of the Czech Banking Sector
Success in Economic Transformation ofthe Czech Beer Industry and Its Social Costs and Benefits
Supply of university education
Technology adoption and herding behavior in complex social networks
Technology adoption and herding behavior in complex social networks (submited to Journal of Artificial Societies and Social Simulation)
Technology adoption and herding behavior in complex social networks (submitted to IES WP)
Technology adoption in complex social networks (forthcoming in International Conference on Complex Systems Proceedings)
Ten Years of Czech Inflation Targeting: Missed Targets and Anchored Expectations
Ten Years of Czech Inflation Targeting: Missed Targets and Anchored Expectations
Testing the Effectiveness of the Czech National Bank’s Foreign Exchange Interventions
The (non)sense of hedge funds´ regulation in the light of a MAC questions regulatory concept
THE (NON)SENSE OF PRIVATE EQUITY REGULATION?
The 4th Spain-Italy-Netherlands Meeting on Game Theory (report)
The Assessment of Czech Economy's Financial Stability through The JT Index
The banking stability in the Czech Republic based on discriminant and cluster analyses
The Central Eastern European Countries: What European Social Models and Growth?
The Comparative Statics of the Effects of Credit Guarantees and Subsidies in the Competitive Lending Market
The Comparison of the Evolution of the Czech and Slovak Institutions in the Area of Agricultural Finance
The Consequence of e-Excellence: Party Web Sites in the Czech Campaign for the 2004 European Parliament
The Contribution of the Czech Export Bank and Export Guarantee and InsuranceCompany to the Decrease of the Credit Risk of Czech Exporters
The corporation as a relative - comments on the Supreme Court's case law
The Czech Deposit Guarantee Schemes in comparison with the EU.In:MICHAL MEJSTRIK ET AL.: SOCIAL-ECONOMIC MODELS AND POLICIES TO SUPPORT ACTIVE CITIZENS: CZECH REPUBLIC AND EUROPE
The Dark Side of Collateralized Debt Obligation´s Valuation during The 2008/2009 Financial Crisis
The Dark Side of Collateralized Debt Obligation´s Valuation during The 2008/2009 Financial Crisis
The e-Government tools as democracy watchdogs: Public e-Procurement in the Czech Republic
The Economic Dimension of the Quality and Sustainability of Life
The Effects of Monetary Policy in the Czech Republic: An Empirical Study
The Efficiency of EU Merger Control during the Period from 1990-2008
The EU Budget Dispute – A Blessing in Disguise?
The Eurofood Judgment: the COMI of an Insolvent Corporation
The European Banking Industry Before And During the 2008/2009 Global Turmoil
The Financial Impact of Government Policies on Families with Children in the Czech Republic, Hungary, Poland and Slovakia
The first real M&A warranty claim makes it to the Supreme Court
The future regulatory challenges of liquidity risk management
The Global Crisis: A Hard Lesson for Theory and Praxis
The Challenges of Basel III for the Czech Banking Sector
The Impact of Regulation of Banks in the US and the EU-15 Countries
The Impact of Social and Tax Policies on Families with Children – Comparative Study of the Czech Republic, Hungary, Poland and Slovakia
The Impact of Social and Tax Policies on Families with Children: Comparative Study of the Czech Republic, Hungary, Poland and Slovakia
The Importance of Emergency Liquidity Risk Management during The 2007-2009 Global Financial Turmoil
The Importance of Operational Risk Modeling For Economic Capital Management In Banking
The insolvency act in year two: first statistics and a tentative attempt at interpretation
The Insolvency Act in Year Two: First Statistics and an Attempt at Interpretation
The Insolvency Act: From the Cabinet's Bill to the Promulgated Version
The JT Index as An Indicator of Financial Stability of Corporate Sector
The JT index as An Indicator of Financial Stability of Emerging Markets
The Key Challenges of The New Bank Regulations
The logic and limits of corporate law: a comparative view
The merely fact-minded science
The New Czech Insolvency Act - New Insolvency Regime for Czech Corporate Debtors and their Creditors
The Optimal State Aid Control: No Control
The Optimal State Aid Control: No Control
The pending global crisis: a dark future ahead of us?
The Prediction of Corporate Bankruptcy and Czech Economy’s Financial Stability through Logit Analysis
The Prediction of Financial Stability of Emerging Markets Economies through Logit Analysis
The Price Impact of Stock Trades: Evidence from the Prague Stock Exchange
The Pros and Cons of Banking Socialism
The Quantitative and Qualitative Analysis of the Budget Cost of the Czech Supporting and Guarantee Agricultural and Forestry Fund
THE REAL OPTION MODEL – EVOLUTION AND APPLICATIONS
The relations with EU and world
The resurrection of the asset deal
The Rise and Fall of Confessions: An Evolutionary Game Theory Approach
The simulation of the future development of expenditure and revenue of the Czech pension security scheme up to 2050
The Slovak Insolvency Law Reform: A Couple of Lessons for the Czech Republic (and one bet on a wild card)
The Support of Agricultural Credit in Slovakia and in the Czech Republic
The Theoretical Background of Operational Risk Management
The theory and practice of government credit support
The Troubled Transition of Czech Banks to Competitive Markets
The Use of Arti cial Stock Markets in Financial Research
THEORETICAL BACKGROUND FOR COMPETITIVE MERGER
Theoretical Background of Dividend Taxation
Three indirect effects of foreign direct investment: evidence from the Czech Republic
Time Discounting, Education and Growth: Evidence and a Simple Model (M. Bauer, J. Chytilová)
Time-Varying Policy Neutral Rate in Real Time: A Predictor for Future Inflation?
To two excepted legal measures concerning the mortgages in the CR: (1) the abolishment of tax exemption for mortgage certificates, (2) the introducing of a legal right to mortgage early repayment.
Tolerable Intolerance: An Evolutionary Model
Tolerable Intolerance: An Evolutionary Model
Towards an EU Directive on Protected Funds - The Czech National Report
Tradeoffs of foreign assistance for the weakest-link global public goods
Trading Intensity and Intraday Volatility on the Prague Stock Exchange: Evidence from an Autoregressive Conditional Duration Model
Transformation in Tschechien: Die EU-Beitrittsverhandlungen und ihr Einfluss auf formelle und informelle Institutionen
Trends in Changes of National Economic Structures, Influence of European Social Models, and Policy Options – Part 2
Tuitions or Subsidies? (Simulations with Models of the University System)
Turnovec F. (2009), Fairness and Squareness: Fair Decision Making Rules in the EU Council?
Turnovec F. (2009), How much of Federalism in the European Union?
Turnovec F. (2009), Lessons of Transformation in the Czech Republic: 1990-2000
Turnovec F. (2011), Fair Voting Rules in Committees, Strict Proportional Power and Optimal Quota.
Turnovec F., Mercik J.W. and M. Mazurkiewicz (2008), Power Indices Methodology: Decisiveness, Pivots and Swings, in: Braham M. and F. Steffen, eds., “Power, Freedom and Voting”, Chapter 2, Springer Verlag, Berlin-Heidelberg, 23-37.
Two (Further) Possible Explanations of the Secured Debt Puzzle: A Note
Uncertain Outlook for the Corporate Sector
Under what conditions is the social responsible behavior profitable for the firm?
Undershooting of the inflation target in the Czech Republic: The role of inflation expectations
Vacha L. Barunik J. Vosvrda M.: How do skilled traders change the structure of the market
Vacha L., Barunik J. Vosvrda M.: Sentiment Patterns in the Heterogeneous Agent Model
Value Creation of European Bank Mergers and Acquisitions in the 1998 – 2007 Period
Value Creation of European Bank Mergers and Acquisitions
Value-at-Risk on Central and Eastern European Stock Markets: An Empirical Investigation Using Symmetric and Asymmetric GARCH Models
Víšek, J. Á. : The Instrumental Weighted Variables. Part II. Square root of n-consistency
Víšek, J. Á. : The Instrumental Weighted Variables. Part III. Asymptotic Representation.
Volatility of Exchange Rates in Selected New EU Members: Evidence from Daily Data
Volatility Transmission in Emerging European Foreign Exchange Markets
Volatility Transmission in Emerging European Foreign Exchange Markets
Volkswagen and Star Wars
Vosvrda M., Baruník J.: Modelování krachů na kapitálových trzích: Aplikace teorie stochastických katastrof
Vosvrda M., Kodera J.: Production, Capital Stock and Price Dynamics in A Simple Model of Closed Economy (2005)
Vosvrda M., Vácha L.:Heterogeneous Agents Model with the Worst Out Algorithm (2005)
Vychodil, O., Knot, O.: Czech Bankruptcy Procedures: Ex-Post Efficiency View
Vychodil, O.: Regulatory Impact Assessments: Lessons for the Czech Republic
What the Data Say about the Effects of Fiscal Policy in the Czech Republic?
Which Government Interventions Are Good in Alleviating Credit Market Failures?
World Academy of Science, Engineering and Technology,
Yang Ye, Mejstrik Michal et al. European Integration: Structural Changes and Their Influence on EU Diplomatic Policies, Karolinum Press, Prague 2010
Политическая система и экономический переход (Political system and economic transformation).
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