doc. PhDr. Ing. et Ing. Petr Jakubík, Ph.D., Ph.D.

Education

2008-12 PhD in economics, Charles University in Prague
2007 PhDr examination, economics, Charles University in Prague
9-11/2006 Course on Financial Programming and Policies, IMF Institute, Washington, D.C., USA
2004-06 MA in economics, Charles University in Prague
2005 economics, finance - Hanken Svenska Handelshögskolan, Helsinki, Finland (exchange)
2001-04 PhD in finance, University of Economics in Prague
1999-02 MA in statistics and insurance, University of Economics in Prague
1994-99 MSc in computer science, mathematics, Czech Technical University in Prague

Job history

08/2014++ Financial Stability Team Leader, EIOPA - European Insurance and Occupational Pensions Authority, Frankfurt am Main, Germany
07/2013-8/2014 Principal Expert on Financial Stability, EIOPA - European Insurance and Occupational Pensions Authority, Frankfurt am Main, Germany
02/2013-6/2013 Chief Economist, Financial Stability Department, Czech National Bank, Prague, Czech Republic
11/2012-2/2013 Financial Stability Consultant, Oesterreichische Nationalbank, Vienna, Austria
10/2012 Financial Stability Consultant, Central Bank of Malta, Valletta, Malta
2010-12 International Economist, EU Neighbouring Regions Division, European Central Bank, Frankfurt am Main, Germany
2008-10 Chief Economist, Economic Research and Financial Stability Department, Czech National Bank, Prague, Czech Republic
09-12/2009 Technical Adviser, Financial Stability Institute, Bank for International Settlements, Basel, Switzerland
2005-07 Chief Financial Stability Analyst, Economic Research Department, Czech National Bank, Prague, Czech Republic
7-9/2005 Project Researcher, Monetary Policy and Research Department, Bank of Finland, Helsinki, Finland
2001-04 Scoring Analyst, Credit Risk Management Department, Komercni banka, Societe Generale Group, Prague, Czech Republic
1999-00 Programmer-Analyst, Terminus s.r.o., Beroun, Czech Republic
1999 Programmer-Analyst, Ceska narodni zdravotni pojistovna, Prague, Czech Republic

Monographs

• Komárková Z., Komárek L., & Jakubík P. (2012). Zranitelnost českého bankovního sektoru. Národohospodářský ústav Josefa Hlávky.

Chapters in monographs

• Jakubík P., & Seidler J. (2009). Odhad očekávané úvěrové ztráty při selhání. Zpráva o finanční stabilitě 2008/2009 (pp. 100-107).
• Jakubík P. (2008). Skóring jako indikátor finanční stability. Zpráva o finanční stabilitě 2007
• Teplý P., & Jakubík P. (2008). The prediction of financial stability of emerging markets economies through logit analysis. Redefining business horizons
• Geršl A., & Jakubík P. (2009). Modely bankovního financování českých podniků a úvěrové riziko. Zpráva o finanční stabilitě 2008/2009 (pp. 90-98).
• Teplý P., & Jakubík P. (2011). An Alternative Assessment of Entrepreneurs' Activities in Terms of Financial Stability - A Case Study. Entrepreneurship and development (pp. 63-89).
• Seidler J., & Jakubík P. (2011). Loss given default as a crucial risk parameter in entrepreneurship management. Entrepreneurship and development (pp. 90-101).

Articles

• Jakubík P., & Teplý P. (2011). The JT index as an indicator of financial stability of corporate sector. Prague Economic Papers, 20(2), 157-176. UT-WOS link
• Jakubík P., & Seidler J. (2009). Insolvence podniků a její makroekonomické determinanty. Ekonomicky Casopis, 57(7), 619-632. UT-WOS link
• Jakubík P., & Heřmánek J. (2008). Stress testing of the Czech banking sector. Prague Economic Papers, 17(3), 195-212. UT-WOS link
• Jakubík P. (2008). Credit risk and stress testing of the Czech banking sector. Acta VŠFS, 2(1), 107-123.
• Jakubík P., & Schmieder C. (2008). Stress testing credit risk: comparison of the Czech Republic and Germany. FSI Award 2008 Winning Paper, 2008(15 October), 1-57.
• Jakubík P., & Richter T. (2009). Předlužené domácnosti dostaly šanci. E15, 2009(28.7.), 19-19.
• Jakubík P. (2009). Propad mezd jako riziko pro finanční stabilitu. Bankovnictví, 2009(8), 25-25.
• Jakubík P. (2009). Polovina dlužníků může mít problémy. E15, 2009(29.7.), 7-7.
• Jakubík P. (2009). Podnikový sektor versus krize. Bankovnictví, 17(11), 25-25.
• Jakubík P., & Schmieder C. (2009). Stress testing credit risk: Is the Czech Republic different from Germany?. CNB Economic Research Bulletin, 7(2), 2-4.
• Jakubík P. (2007). Hrozí domácnostem dluhová past?. Ekonom, 51(28), 60-60.
• Jakubík P. (2007). Zdravé podniky. Ekonom, 51(32), 60-60.
• Jakubík P. (2007). Drobní dlužníci se rozrůstají. Ekonom, 51(39), 50-51.
• Jakubík P. (2014). Household balance sheets and economic crisis. Ekonomická revue (Central European Review of Ecomic Issues.), 17(2), 55-66.
• Jakubík P., & Škerlíková T. (2014). Makroekonomické determinanty úpadku firem v České republice. Český finanční a účetní časopis, 9(2), 69-80.
• Jakubík P. (2007). Macroeconomic environment and credit risk. Finance a úvěr, 57(1-2), 60-78. UT-WOS link
• Jakubík P. (2007). Credit risk and the Finnish economy. Acta Universitatis Carolinae. Oeconomica, Czech Economic Review, 1(3), 255-286.
• Jakubík P. (2008). Už 900 miliard korun. Euro, 2008(42), 112-113.
• Jakubík P. (2013). Financial Stability Challenges in Emerging Europe. Socioekonomické a humanitní studie, 3(1), 44-52.
• Jakubík P., & Moinescu B. (2015). Assessing optimal credit growth for an emerging banking system. Economic Systems, 39(4), 577-591. UT-WOS link
• Jakubík P., & Kadioglu E. (2022). Factors affecting bank loan quality : a panel analysis of emerging markets. International Economics and Economic Policy, 19(3), 437-458. UT-WOS link
• Jakubík P., & Teleu S. (2022). Suspension of insurers' dividends as a response to the COVID-19 crisis : evidence from the European insurance equity market. Geneva Papers on Risk and Insurance: Issues and Practice, 47(4), 785-816. UT-WOS link
• Jakubík P., & Zafeiris D. (2018). Impact of mergers and acquisitions on European insurers: Evidence from equity markets. Ekonomicky Casopis, 66(9), 925-944. UT-WOS link
• Jakubík P., Kerimkhulle S., & Teleuova S. (2017). How to anticipate recession via transport indices. Ekonomicky Casopis, 65(10), 972-990. UT-WOS link
• Jakubík P. (2008). Zadlužených přibývá. Ekonom, 52(25), 50-50.
• Jakubík P., & Moinescu B. (2023). What is the optimal capital ratio implying a stable European banking system?. International Finance, 26(3), 324-343. UT-WOS link
• Jakubík P., & Uguz S. (2021). Impact of green bond policies on insurers: evidence from the European equity market. Journal of Economics and Finance, 45(2), 381-393.
• Seidler J., & Jakubík P. (2009). Implied market Loss Given Default in the Czech Republic: structural-model approach. Finance a úvěr, 59(1), 20-40. UT-WOS link
• Seidler J., Jakubík P., & Horváth R. (2009). Estimating expected loss given default in an emerging economy : the case of Czech Republic. Journal of Financial Transformation, 2009(27), 103-107.
• Geršl A., Jakubík P., Kowalczyk D., Ongena S., & Peydró-Alcalde J. (2012). Monetary conditions and banks' behaviour in the Czech Republic. Economic Research Bulletin, 10(2), 13-16.
• Geršl A., Jakubík P., Kowalczyk D., Ongena S., & Peydro J. (2015). Monetary Conditions and Banks' Behaviour in the Czech Republic. Open Economies Review, 26(3), 407-445. UT-WOS link
• Beck R., Jakubík P., & Piloiu A. (2015). Key Determinants of Non-performing Loans: New Evidence from a Global Sample. Open Economies Review, 26(3), 525-550. UT-WOS link
• Žigraiová D., & Jakubík P. (2015). Systemic Event Prediction by an Aggregate Early Warning System: An Application to the Czech Republic. Economic Systems, 39(4), 553-576. UT-WOS link
• Geršl A., & Jakubík P. (2012). How Important Is the Adverse Feedback Loop for the Banking Sector?. Ekonomicky Casopis, 60(1), 32-49. UT-WOS link
• Geršl A., & Jakubík P. (2011). Relationship lending in emerging markets: evidence from the Czech Republic. Comparative economic studies, 53(4), 575-596.
• Danieli L., & Jakubík P. (2022). Early Warning System for the European Insurance Sector. Ekonomicky Casopis, 70(1), 3-21. UT-WOS link
• Holá V., & Jakubík P. (2011). Evropské systémy pojištění vkladů: důsledky změn z roku 2008. Politická ekonomie, 2011(5), 659-679. UT-WOS link
• Geršl A., Jakubík P., Konečný T., & Seidler J. (2013). Dynamic Stress Testing: The Framework for Assessing the Resilience of the Banking Sector Used by the Czech National Bank. Finance a úvěr, 63(6), 505-536. UT-WOS link
• Fungáčová Z., & Jakubík P. (2013). Bank Stress Tests as an Information Device for Emerging Markets: The Case of Russia. Finance a úvěr, 63(1), 87-105. UT-WOS link
• Galuščák K., Hlaváč P., & Jakubík P. (2016). Household resilience to adverse macroeconomic shocks: evidence from Czech microdata. International Review of Applied Economics, 30(3), 377-402. UT-WOS link
• Heřmánek J., Hlaváček M., & Jakubík P. (2007). Credit risk, credit growth models and stress testing. Economic Research Bulletin, 1(5), 2-5.

Contributions in the conference proceedings

• Jakubík P. (2010). Household response to the economic crisis. Proceedings of the 2010 The International Conference on Organizational Innovation (pp. 367-379).
• Jakubík P., & Teplý P. (2009). The JT index as an indicator of financial stability. Proceedings of Business and Information 2009 (pp. 121-130).
• Jakubík P., & Schmieder C. (2009). How to stress test credit risk for economics and credit portfolios? Evidence for the Czech Republic and Germany. 7th International Conference on Accounting and Finance in Transition, European & Asian Experience and Public Policy Considerations (pp. 1-10).
• Jakubík P., & Škerlíková T. (2014). Makroekonomické determinanty úpadku firem v ČR. Insolvence 2014 : hledání cesty k vyšším výnosům : sborník z mezinárodní vědecké konference (pp. 50-61).
• Seidler J., & Jakubík P. (2009). Estimating loss given default. Proceedings of the 6th International Conference on Applied Financial Economics (pp. 128-134).
• Teplý P., & Jakubík P. (2009). The JT index as a predictor of the economy's financial stability. Global conference on business nad finance proceedings (pp. 112-120).

2010 Irving Fisher Committee Award (Bank for International Settlement)
2010 SAS Prize (SAS Institute)
2009 SAS Student Ambassador Award
2008 Financial Stability Institute Award (Bank for International Settlement)
2007 František Vencovský Award 
2006 Bolzano Prize
2006 Young Economist (Czech Economic Society), 3rd prize

JEM128 - Financial Modeling Using MS Excel, VBA

Bachelor theses

see topics for MA's theses

Master theses

New challenges to financial regulation and supervision
Stress testing of financial sector
Macroprudential supervision and regulation
Macro-prudential quantitative framework in inusrance
Macro-prudential instruments and policy
Macro-prudential elements of Solvency II

Financial Stability, Credit Risk, Banking, Insurance, Financial Regulation