PhDr. Ing. Petr Jakubík Ph.D. - Publications
Articles in journals with impact factor
2013 Bank Stress Tests as an Information Device for Emerging Markets: The Case of Russia, Czech Journal of Economics and Finance, 63(1), p. 87 - 105
2013 Dynamic Stress Testing: The Framework for Assessing the Resilience of the Banking Sector Used by the Czech National Bank, Czech Journal of Economics and Finance, Vol 63, Issue 6
2012 How Important Is the Adverse Feedback Loop for the Banking Sector? , Journal of Economics, Vol. 60, No. 1, pp 32-49.
2011 European Deposit Insurance Schemes: Impact of Changes in 2008, Politická ekonomie, vol. 5, 2011, pp 659-679.
2011 Relationship Lending in Emerging Markets: The Case of the Czech Republic, Comparative Economic Studies, vol. 53, pp. 575-596.
2011 The JT Index as An Indicator of Financial Stability of Corporate Sector, Prague Economic Papers, Vol. 2, pp. 157-176.
2009 Corporate Insolvency and Macroeconomic Determinants, Slovak Journal of Economics, 7/2009
2009 Estimating Expected Loss Given Default in an Emerging Economy: The Case of Czech Republic, Journal of Financial Transformation, pp. 69-73.
2009 Implied Market Loss Given Default in the Czech Republic: structural-model approach, Czech Journal of Economics and Finance, Vol. 59, No. 1
2008 Stress Testing of the Czech Banking Sector, Prague Economic Papers, 3, pp. 195-212
2007 Macroeconomic Environment and Credit Risk, Czech Journal of Economics and Finance, 57(1-2), pp. 60 - 78
Articles in refereed journals
2014 Household balance sheets and economic crisis, Ekonomická revue - Central European Review of Economics Issues, vol. 17, no. 2, pp 55-65, ISSN 1212-3951
2014 Macroeconomic Determinants of Firms’ Default in the Czech Republic, Český finanční a účetní časopis, issue 9, no. 1, pp 1-12
2014 Stress Testing the Private Household Sector Using Microdata, Working Papers 2014/02, Czech National Bank
2013 Determinants of Nonperforming Loans in Central, Eastern and Southeastern Europe, Focus on European Economic Integration, Oesterreichische Nationalbank, issue 3, pp. 48-66, 08.
2013 Financial Stability Challenges in Emerging Europe, Studies of Socio-Economics and Humanities, No. 1, Vol. 3, pp 44-52.
2013 Measuring Financial (In)Stability in Emerging Europe: A New Index-Based Approach, Financial Stability Report, Oesterreichische Nationalbank, No. 25, pp 102-118
2013 Non-performing loans: What matters in addition to the economic cycle? , ECB Working Paper Series, European Central Bank
2012 Monetary Conditions and Banks’ Behaviour in the Czech Republic, CNB WP 2/2012
2012 Monetary Conditions and Banks’ Behaviour in the Czech Republic, Economic Research Bulletin, Financial Stability and Monetary Policy, Vol. 10, N. 2, November
2011 Households’ response to economic crisis, BOFIT Discussion Papers 7/2011, Bank of Finland, Institute for Economies in Transition.
2011 Thoughts on the proper design of macro stress tests, BIS Papers, No 60, Bank for International Settlements, pp 111-119, December
2010 Household Response to the Economic Crisis: Micro-simulation for the Czech Economy, IFC Working Papers, No 6, Irving Fisher Committee on Central Bank Statistics, Bank for International Settlements, December
2010 Relationship Banking in the Czech Republic, Czech National Bank WP 1/2010
2010 The Merton Approach to Estimating Loss Given Default: Application to the Czech Republic, Czech National Bank WP 13/2009
2009 Stress testing Credit Risk: Is the Czech Republic Different from Germany?, CNB WP 9/2008
2008 Credit risk and stress testing of the Czech Banking Sector, ACTA VŠFS, 1/2008, roč. 2
2008 Stress Testing Credit Risk: Comparison of the Czech Republic and Germany, Financial Stability Institute, Bank for International Settlements, FSI Award 2008 Winning Paper
2007 Credit Risk and the Finnish Economy, AUCO Czech Economic Review, vol. 1, no. 3, pp. 254-285
2003 Role of Scoring in Credit Risk Management, Acta Oeconomica Pragensia – Finanční krize
2014 Financial Stability and Stress Testing: Risk Identification and Assessment within the Macroprudential Framework, Lambert Academic Publishing, ISBN 978-3-659-54698-3, 145 pp.
2012 Czech banking sector vulnerabilities, Studie Národohospodářského ústavu Josefa Hlávky, Studie 10/12
Chapter in book
2013 Household stress tests using microdata, Financial Stability Report 2012/2013, Czech National Bank, pp. 113-119.
2011 An Alternative Assessment of Entrepreneurs’ Activities in Terms of Financial Stability – A Case Study, Sita Publications, India
2011 Loss Given Default as a Crucial Risk Parameter in Entrepreneurship Management, Entrepreneurship And Development
2010 Procyclicality of the Financial System and Simulation of the Feedback Effect, Financial Stability Report 2009/2010, Czech National Bank, pp. 110-119
2009 Models of bank financing of Czech corporations and credit risk, Financial Stability Report 2008/2009, Czech National Bank, pp. 90-98
2009 Stress Testing Credit Risk: Is the Czech republic Different from Germany?, CNB Economic Research Bulletin: Financial and Global Stability Issues, No. 2, Vol. 7, pp. 2-4
2009 The Estimate of Expected Loss Given Default, Financial Stability Report 2008/2009, Czech National Bank, pp. 99-106
2008 Scoring as an indicator of financial stability, Financial Stability Report 2007, Czech National Bank, pp. 76-85, Czech Republic
2008 The Prediction of Financial Stability of Emerging Markets Economies through Logit Analysis, Macmillan Publishers India Ltd., India
2007 Credit Risk and Stress Testing of the Banking Sector in the Czech Republic, Financial Stability Report 2006, Czech National Bank, pp. 57 - 79
2007 Credit Risk, Credit Growth Models and Stress Testing, Economic Research Bulletin, CNB, No. 1, Vol. 5, pp. 2-5
2006 Macroeconomic Credit Risk Model, Financial Stability Report 2005, Czech National Bank, pp. 84-92
IES Working Papers
2014 Systemic Event Prediction by Early Warning System, IES Working Papers 01/2014
2014 What are the Key Determinants of Nonperforming Loans in CESEE?, IES Working Papers 26/2014
2013 How to Measure Financial (In)Stability in Emerging Europe?, IES Working Papers 13/2013
2012 Bank Stress Tests as an Information Device for Emerging Markets: The Case of Russia, IES Working Papers 4/2012
2011 Household Balance Sheets and Economic Crisis, IES Working Papers 20/2011
2011 Impact of parametric changes in deposit insurance schemes in 2008, IES Working Papers 5/2011
2010 Adverse Feedback Loop in the Bank-Based Financial Systems, IES Working Papers 14/2010
2010 Relationship Lending, Firms’ Behaviour and Credit Risk: Evidence from the Czech Republic, IES Working Papers 22/2010
2008 Stress testing of the Czech banking sector, IES Working Papers 2008/2
2008 The Prediction of Corporate Bankruptcy and Czech Economy’s Financial Stability through Logit Analysis , IES Working Papers 19/2008
2007 Credit Risk in the Czech Economy, IES Working Papers
2007 Execution, bankruptcy and their macroeconomic determinants, IES Working Papers 2007/29
2006 Does Credit Risk Vary with Economic Cycles? The Case of Finland, IES WP 2006/11
Article in collection
2014 Macroeconomic Determinants of Firms’ Default in the Czech Republic, Sborník z mezinárodní vědecké konference, Insolvence 2014: Hledání cesty k vyšším výnosům. Praha, Vysoká škola ekonomická v Praze, Nakladatelství Oeconomica, pp 50-61, ISBN 978-80-245-2027-8
2011 Household Financial Distress and Economic Policy Implications, International Proceedings of Economic Development and Research, Information and Financial Engineering, ISSN 2010-4626, Vol. 12, pp 532-537 (indexed).
2011 Household Response to the Economic Crisis, Global Conferenc on Business and Finance Proceedings, Volume 6, Number 2, ISSN 1941-9589 online, San Jose, Costa Rica, pp 263-278.
2010 Household Response to the Economic Crisis, Proceedings of the 2010 The International Conference on Organizational Innovation, ISBN 978-986-85682-2-8, pp 367-379
2009 Alternative Approaches of Evaluation of Economy´s Financial Stability, International Symposium on Finance and Accounting 2009, Kuala Lumpur, Malaysia
2009 Estimating Expected Loss, 7th Conference of Financial Management of Firms and Financial Institutions Proceedings
2009 Estimating Loss Given Default, International Conference on Applied Financial Economics Proceedings
2009 How to Stress Test Credit Risk for Economics and Credit Portfolios? Evidence for the Czech Republic and Germany, 7th International Conference on Accounting & Finance in Transition European & Asian Experience and Public Policy Considerations - Conference Proceedings, the University of Greenwich, the Old Royal Naval College, London, UK
2009 The JT index as An Indicator of Financial Stability of Emerging Markets, The Institute for Business and Finance Research, USA
2008 The Assessment of Czech Economy's Financial Stability through The JT Index , 5th Biannual Conference of the Czech Economic Society - Conference Proceedings, Prague
2007 Credit Risk and the Macro-Economy, 5th International Conference Accounting and Finance in Transition - Conference Proceedings, Greenwich University Press, London
2006 Macroeconomic Environment and Credit Risk, 4th Biannual Conferrence of the Czech Economic Society - - Conference Proceedings, Prague
2004 Credit Scoring and Reject Inference Problem, Sborník 5. konference studentů doktorského studia Fakulty financí a účetnictví, VŠE
2003 Scoring and Problems of Scoring Function Indicators, Sborník 4. konference studentů doktorského studia Fakulty financí a účetnictví, VŠE
2012 Bank Stress Tests as an Information Device for Emerging Markets: The case of Russia, BOFIT Discussion Papers 3/2012, Bank of Finland, Institute for Economies in Transition.
2010 Debts threaten the household sector, Ekonom č. 32, 5.-11.8. 2010, Economia, pp. 58
2010 Uncertain Outlook for the Corporate Sector, Euro č. 30, 26.7.2010, Euronews, a.s., pp 34-35
2009 Corporate Sector vs. Crisis, Bankovnictví 11/2009, Economia, p 25
2009 Drop in Wages as a Risk for Financial Stability, Bankovnictví 8/2009, Economia, p 25
2009 Half of Indebted Households Could Face Difficulties, Mladá fronta E15, 29.7. 2009, p 7
2009 New Option for Households to Manage Over-Indebtedness, Mladá fronta E15, 28.7. 2009, pp. 18-19
2008 Already 900 billion crown, Euro č. 42, 13.10.2008, Euronews, a.s., pp. 112-113
2008 More households involved in debt, Ekonom č. 25, 19.-25.6. 2008, Economia, pp. 50
2007 Are Households Falling into a Debt Trap?, Ekonom č. 28, 12.-18.7.2007, Economia, pp. 60
2007 Healthy Corporate Sector, Ekonom č. 32, 9.-15.8.2007, Economia, pp. 60
2007 Is personal bankruptcy the solution?, Ekonom č. 49, 6.-12.12. 2007, Economia, pp. 75-76
2007 Number of Small Debtors Is Increasing., Ekonom č. 39, 27.9-3.10.2007, Economia, pp. 50-51
2014 Systemic Event Prediction by Early Warning System: An Application to the Czech Republic, Economic Systems (Revise & Resubmit)