The paper concerns macro-prudential analysis. It uses an unrestricted VAR model to empirically investigate transmission involving a set of macroeconomic variables describing the development of the Czech economy and the functioning of its credit channel in the past eleven years. Its novelty lies...

Portfolio space (first time published at [1]) enables us to formalize economic activities in bookkeeping framework. In paper [2] author has defined production vector Y and new type of asset A2, that represent human work done during production of one new product. In paper [3] portfolio play was...

After formalizing transactions, production, investment process and another economic activities author has returned back to general dynamic in portfolio play. Idea of this article is to postulate the assumption on agent's strategy on money expenditure or other asset's strategy. There are two main...

Portfolio space (first time published at [1]) enables us to formalize economic activities in bookkeeping framework. In paper [2] author has defined production vector Y and new type of asset A2, that represent human work done during production of one new product. In paper [3] portfolio play was...

Portfolio space (published at [1]) enables us to formalize economic activities. In paper [2] author has defmed production vector Y and new type of asset A2, that represent human work done during production of one new product. In this paper author have defmed key vectors of intemediation: D for...

Influenced by theoretical physics based on movements of bodies, particles and waves in different spaces, I was asking: what is space of economic processes? In my last article (1) I have defined portfolio game (and portfolio space) that define point like a portfolio position at time t based on...

Hlavním přínosem Newtona do teoretické fyziky bylo definování prostoru, v kterém se fyzikální procesy odehrávají a stanovení jejich dynamiky pomocí definice vnějších sil působících na fyzikální systém a pomocí aparátu diferenciálních rovnic. Je možné si položit...