Similar Search Results

Akumulace devizových rezerv cendeftrálních bank a dynamika absorpce likvidity bankovních systému° České Republiky, Polska a Maďarska

Bru°na, Karel - In: Politická ekonomie : teorie, modelování, aplikace 58 (2010) 6, pp. 723-746

Persistent link: https://www.econbiz.de/10009231076

Central Bank´s Foreign Exchange Reserves Accumulation and Dynamics of Banking System Liquidity Absorption: The Case of the Czech Republic, Poland and Hungary

Brůna, Karel - In: Politická ekonomie 2010 (2010) 6, pp. 723-746

liquidity management. In theoretical part the case of banking system liquidity surplus is analyzed focusing on creation of … liquidity through FX operations, sterilization of liquidity and main sources of liquidity absorption. In this context it is … system liquidity needs and to cover issued currency in circulation and bank´s reserves by net foreign assets. In empirical …

Persistent link: https://www.econbiz.de/10008802572

Monetary policy and prediction of variability

Brůna, Karel - In: Politická ekonomie 2009 (2009) 3, pp. 361-382

interest rates. These results reflect the role of CNB in bank system liquidity management, the uncertainty about the timing of …

Persistent link: https://www.econbiz.de/10005103167

The stabilization mechanism of ultra short-term interest rates in the context of Czech national bank's repo tenders

Brůna, Karel - In: Politická ekonomie 2005 (2005) 4, pp. 459-476

interbank market (2001 - 2004) in the context of excess liquidity. Some structural changes in interbank market were found … - undershooting of non-stability of excess liquidity and decline of overnight interest rates volatility due to new possibility of …

Persistent link: https://www.econbiz.de/10005036651

An analysis of PRIBOR interest rates sensitivity to changes in Czech national bank repo rate

Brůna, Karel; Brada, Jaroslav - In: Politická ekonomie 2004 (2004) 5, pp. 601-622

Since 1980's many central banks have been changing their monetary strategy to explicit inflation targeting. This new monetary concept is based on management of short-term interest rates in the context of relation between inflation prediction and central bank inflation target. Therefore we try to...

Persistent link: https://www.econbiz.de/10005036676

The interest rate transmission mechanism and the management of interest margin in the context of Czech national bank disinflation policy

Brůna, Karel - In: Politická ekonomie 2007 (2007) 6, pp. 829-851

The paper analyzes the relationship between interest rate transmission mechanism and bank's management of interest rate risk during the disinflation monetary policy in the Czech Republic in 1999-2006. In theoretical part, main determinants of short-run and long-run equilibrium of client interest...

Persistent link: https://www.econbiz.de/10005036706

Exchange Rate Convergence and Entry to the Eurozone (II): A Comparison of Experiences from Member States of the European Union

Èech, Zdenìk; Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 52 (2002) 10, pp. 522-538

The article contains a general analysis of the exchange rate convergence process of EU and eurozone-candidate countries. Emphasis is given to an analysis of the exchange rate policy of member states within the ERM/ERM2 mechanism (beginning several years before the introduction of the euro) and...

Persistent link: https://www.econbiz.de/10008549714

Exchange Rate Convergence and Entry to the Eurozone (II) A Comparison of Experiences from Member Stes of the European Union

Èech, Zdenìk; Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 51 (2001) 10, pp. 522-538

Persistent link: https://www.econbiz.de/10008549881

Kurzová konvergence a vstup do eurozóny (I) - komparace zkušeností kandidátských a èlenských zemí EU

Èech, Zdenìk; Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 52 (2002) 6, pp. 322-337

The article is a general analysis of the exchange rate convergence process for EU and Eurozone candidate countries. The introduction states that exchange rate strategies of candidate countries have to be consistent with the „acquis communataire“ from beginning to end. For these countries,...

Persistent link: https://www.econbiz.de/10008549919

Monetary Policy during Very Low Inflation

Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 1-2, pp. 64-67

The article summarizes the main points discussed at the seminar on Monetary Policy during Very Low Inflation, held by the Czech Economic Association in June 2003. There were two main speakers at the seminar. The first was Jan Frait (Czech National Bank), who summarized the main ideas of...

Persistent link: https://www.econbiz.de/10008495641

1
2
3
4
5
6
7
8
9
10
Next
Last