The aim of the paper is to evaluate the effects of loose monetary policy on corporate investment of manufacturing firms in the Czech Republic during the period between 2006 and 2015. The main focus of the paper is on the effect of low interest rates on investment activity of Czech firms;...

A high liquidity, low expense ratio and the possibility to conduct arbitrage allow exchange-traded funds (ETFs) to be used for short sales. Bearish investors can also buy inverse ETFs. This paper aims to outline two investment approaches for bearish ETF investors and the differences between...

The hypothesis of overvaluation argues that short sell restrictions are reflected in security prices by their over valuation. In the situation when short sell is prohibited or expansive pessimistic investors expectation are not reflected in security prices. In the paper is examine impact of...

The paper investigates the interest rate pass-through in Czechia during different monetary policy stances from April 2005 to February 2020 using structural vector auto-regressive models. The effects of changes in the European money market rate on the Czech money market rate are also observed. We...

The European Central Bank started to stimulate the European economies in 2009 since the countries of the European Union have been facing the low growth and low inflation after both the global financial and sovereign debt crisis The aim of the paper is to evaluate the effects of very low and...

A high liquidity, low expense ratio and the possibility to conduct arbitrage allow exchange-traded funds (ETFs) to be used for short sales. Bearish investors can also buy inverse ETFs. This paper aims to outline two investment approaches for bearish ETF investors and the differences between...