The Determinants of Corporate Credit Lines Accessibility in the Czech Republic
|Author:||Mgr. Pavel Hanák|
|Year:||2013 - summer|
|Leaders:|| PhDr. Petr Gapko Ph.D.
|Work type:|| Finance, Financial Markets and Banking
|Awards and prizes:|
|Abstract:||This work focuses on the factors influencing the accessibility of credit lines for the companies in the Czech Republic. Its methodology follows the respected works written in the field of credit markets or in the field of econometrical methods suitable for the estimation of such markets. The main econometrical tool of this work is the Maximum Likelihood Estimation. Dependent variable is always the percentage change of the total volume of corporate loans and the independent variables are the percentage changes of different macroeconomic indicators. This work brings key findings important for the understanding the of the Czech corporate credit market.|