doc. PhDr. Adam Geršl Ph.D. - Publications

Articles in journals with impact factor

2014 Fiscal Councils and Economic Volatility, Czech Journal of Economics and Finance

2014 Measures to tame credit growth: are they effective?, Economic Systems

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

2013 Political Legislation Cycle in the Czech Republic, Springer US

2012 Countercyclical Capital Buffers and Equilibrium Credit Level in Central and Eastern European Countries, Eastern European Economics, forthcoming

2012 How Important Is the Adverse Feedback Loop for the Banking Sector? , Journal of Economics, Vol. 60, No. 1, pp 32-49.

2012 How to Improve the Quality of Stress Tests through Backtesting, Czech Journal of Economics and Finance

2011 Relationship Lending in Emerging Markets: The Case of the Czech Republic, Comparative Economic Studies, vol. 53, pp. 575-596.

2009 Liquidity Risk and Banks’ Bidding Behavior: Evidence from the Global Financial Crisis, Czech Journal of Economics and Finance

2008 Indicators of Financial System Stability: Towards an Aggregate Financial Stability Indicator?, Prague Economic Papers 2008/2, pp. 127-142

2008 Productivity, Export Performance, and Financing of the Czech Corporate Sector: The Effects of Foreign Direct Investment, Czech Journal of Economics and Finance 5-6/2008, pp. 231-247

2007 Foreign Banks, Foreign Lending and Cross-Border Contagion: Evidence from the BIS Data, Czech Journal of Economics and Finance, 57(1-2), pp. 27 - 40

2007 Foreign Direct Investment, Corporate Finance, and the Life Cycle of Investment, Czech Journal of Economics and Finance, 57(9-10), pp.448-464

2006 Development of formal and informal institutions in the Czech Republic and other new EU Member States before their EU entry: did the EU pressure have impact?, Prague Economic Papers 1/2006, pp. 78-90

2006 Foreign Exchange Interventions under Inflation Targeting: The Czech Experience, Contemporary Economic Policy 24(4), October 2006, pp. 475-491

2006 Political Pressure on Central Banks: The Case of the Czech National Bank, Czech Journal of Economics and Finance, 1-2/2006, pp. 18-39

2006 Testing the Effectiveness of the Czech National Bank’s Foreign Exchange Interventions, Czech Journal of Economics and Finance, 9-10/2006, pp. 398-415

2004 Foreign Exchange Intervention: The Theoretical Debate and the Czech Koruna Episode., Finance a úvěr - Czech Journal of Economics and Finance 3-4/2004

2003 Predictions using Experimental Markets, Politická ekonomie 2003/6

Articles in refereed journals

2012 Excessive Credit Growth and Countercyclical Capital Buffers in Basel III: An Empirical Evidence from Central and East European Countries, forthcoming, Acta VŠFS 2/2012

2012 From Credit Boom to Credit Crunch: Effectiveness of policy measures in Central and Eastern Europe, International Journal of Business, Economics and Law

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 Credit Growth and Capital Buffers: Empirical Evidence from Central and Eastern European Countries, forthcoming, Czech National Bank Research Policy Note 2/2011

2011 Credit Growth and Financial Stability in the Czech Republic, Worldbank Working Paper 5771

2011 Models for Stress Testing Czech Banks’ Liquidity Risk, CNB Working Paper No 11/2011

2011 Stress Testing: Conservative Calibration and Regular Verification, Economics, Management, and Financial MarketsAddleton Academic Publisher

2010 Relationship Banking in the Czech Republic, Czech National Bank WP 1/2010

2008 Three indirect effects of foreign direct investment: evidence from the Czech Republic, Acta VŠFS, 1/2008, pp. 15-37

2007 Foreign direct investment and productivity spillovers: Updated evidence from Central and Eastern Europe, CNB Working Paper 8/2007

2007 Political Economy of Public Deficit: Perspectives for Constitutional Reform, AUCO-Czech Economic Review

2000 Liberalisation of the Energy Sector in the Czech Republic, Acta Universitatis Carolinae Oeconomica 2/1998

Monograph

2009 Economics and Politics of Macroeconomic Policies: Central Banking, FX Interventions and Fiscal Policy. , VDM Verlag

2006 Economic Thoughts of Vaclav Klaus (till 1990), Karolinum

Chapter in book

2011 Excessive Credit Growth as an Indicator of Financial (In)Stability and Its Use in Macroprudential Policy, Financial Stability Report 2010/2011

2011 Liquidity Risk and Banks’ Bidding Behavior: Evidence from the Global Financial Crisis., RK Mishra, K Trivikram Rao (eds) (2011): The Global Financial Crisis: Challenges and Opportunities. Academic Foundation, Institute of Public Entreprise, forthcoming

2010 Procyclicality of the Financial System and Simulation of the Feedback Effect, Financial Stability Report 2009/2010, Czech National Bank, pp. 110-119

2010 Stress test verification as part of an advanced stress-testing framework, Financial Stability Report, Czech National Bank

2009 Models of bank financing of Czech corporations and credit risk, Financial Stability Report 2008/2009, Czech National Bank, pp. 90-98

2007 Financial stability indicators: advantages and disadvantages of their use in the assessment of financial system stability, CNB Financial Stability Report

2007 Foreign direct investment and the Czech corporate sector: potential risks to financial stability, CNB Financial Stability Report

2006 Transformation in Tschechien: Die EU-Beitrittsverhandlungen und ihr Einfluss auf formelle und informelle Institutionen, Nils Goldschmidt und Joachim Zweynert (Hrsg.): Die Interaktion der ökonomischen Kulturen und Institutionen im erweiterten Europa, pp. 81-96

2005 Monetary Thought of Vaclav Klaus, a representant of the effort towards radical change of the system, František Vencovský, Karel Půlpán et al.: Dějiny měnových teorií na českém území. Oeconomica

2003 How to write the Master Thesis, In: Liška, V. (2003): Diplomová práce: zpracování a obhajoba. Ivo Ulrych - Růžičkův statek, Praha, s. 20-25.

IES Working Papers

2012 Credit Growth and Countercyclical Capital Buffers: Empirical Evidence from Central and Eastern European Countries, IES Working Papers 3/2012

2012 Measures to tame credit growth: are they effective?, IES Working Papers 28/2012

2011 Political Legislation Cycle in the Czech Republic, IES Working Papers 21/2011

2011 Political Pressure on the National Bank of Slovakia, IES Working Papers 29/2011

2010 Adverse Feedback Loop in the Bank-Based Financial Systems, IES Working Papers 14/2010

2010 Conservative Stress Testing: The Role of Regular Verification, IES Working Papers 12/2010

2010 Economic Volatility and Institutional Reforms in Macroeconomic Policymaking: The Case of Fiscal Policy, IES Working Papers 15/2010

2010 Global Financial Crisis and the Puzzling Exchange Rate Path in CEE Countries, IES Working Papers 24/2010

2010 Relationship Lending, Firms’ Behaviour and Credit Risk: Evidence from the Czech Republic, IES Working Papers 22/2010

2008 Performance and financing of the corporate sector: the role of foreign direct investment, IES Working Papers 2008/3

2007 Foreign Banks, Foreign Lending and Cross-Border Contagion: Evidence from the BIS Data,

2006 Development of formal and informal institutions in the Czech Republic and other new EU Member States before the EU entry: did the EU pressure have impact?, IES WP 2006/4

2006 Political Pressure on Central Banks: The Case of the Czech National Bank, IES WP 2006/8

2005 Market Prices as Indicators of Political Events: Evidence from the Experimental Market on the Czech Republic Parliamentary Election in 2002, IES WP 2005/77

2005 Political Economy of Public Deficit: Perspectives for Constitutional Reform, IES WP 2005/98

IES Occassional Papers

2005 Dynamic Inconsistency of Monetary Policy: Rules, Reputation, and Flexibility, IES Occassional Paper 1/2005

Article in collection

2012 Excessive Credit Growth and Countercyclical Capital Buffers in Basel III, forthcoming, Proceedings of VSFS Conference "The World After Global Financial Crisis"

2010 Stress testing: conservative calibration and regular verification, Proceedings of the 2nd International Conference on Business and Economy

2007 Foreign Direct Investment and Productivity Spillovers in the Central and Eastern European Countries, Workshops - Proceedings of OeNB Workshops No 12: Emerging Markets: Any Lessons for Southeast Europe? March 5 and 6, 2007

Others

2011 Stress tests of the banking sector, Ekonom

2010 Stress test , EURO

2005 Experimental Markets Parliamentary Election 2002 in the Czech Republic, Merit Research Working ePaper 6/2005

Submissions

2012 Political Legislation Cycle in the Czech Republic, Constitutional Political Economy