Showing 1 - 10 of 128
Persistent link: https://www.econbiz.de/10011535340
Regulation and supervision of financial markets are frequent topics of economic theory and practise. Structure and … institutions share the supervision of Czech financial markets. These institutions differ by their legal statuses, rights and …
Persistent link: https://www.econbiz.de/10005067741
Privatization of the Czech banking sector was not an ideal process. Many errors and failures could be mentioned. The … role of national banking for the raising of national entrepreneurial class was overvalued. There was also a broad naiveté … banking sector in the Czech Republic as well the prices from privatization were the best prices (measured by price/NAV) from …
Persistent link: https://www.econbiz.de/10005036610
regulation of investment environment in its short history as of now. The recent Chinese presidency of the group in 2016 …
Persistent link: https://www.econbiz.de/10012898304
This paper considers various options replication methods. Firstly, a specific type of barrier option, an up-and-out call, is considered. Other barrier options are briefly also described, and various types of barriers are considered. Secondly, a general definition of replication methods is...
Persistent link: https://www.econbiz.de/10008549672
The article provides a basic description and taxonomy of sovereign wealth funds, rapidly gaining importance in the international monetary and financial systems. SFWs are pools of assets owned and managed directly or indirectly by governments to achieve specific objectives. Tentative estimates of...
Persistent link: https://www.econbiz.de/10008500686
The paper deals with yield curve construction methods using coupon bonds in Czech bond market. Generally, there are more possibilities how to approach this problem: bootstraping, splines, parametric functions. Due to the lack of tradable public bonds and due to the fact that existing bonds do...
Persistent link: https://www.econbiz.de/10005036582
The paper presents a dynamic approach to the theory of uncovered interest rate parity. It is examined the dynamic relation between the actual change in spot exchange rate and interest rate differential. Authors show the hypothesis of uncovered interest rate parity is based on an ex ante view and...
Persistent link: https://www.econbiz.de/10005036609
The article discusses problems of the empirical verification of the relative version of the theory of purchasing power parity based on aggregated price indexes (especially using the consumer price index). The goal of the articles is to compare empirical results obtained from cross-country time...
Persistent link: https://www.econbiz.de/10008754973
historical development and practices of derivatives trading on the Prague Exchange including the eminent role of private banking …
Persistent link: https://www.econbiz.de/10009019524