National Repository of Grey Literature 21 records found  previous11 - 20next  jump to record: Search took 0.00 seconds. 
Early warning indicators of economic crises: evidence from a panel of 40 developed countries
Babecký, Jan ; Havránek, Tomáš ; Matějů, Jakub ; Rusnák, Marek ; Šmídková, Kateřina ; Vašíček, Bořek
Using a panel of 40 EU and OECD countries for the period 1970–2010 writers construct an early warning system. The system consists of a discrete and a continuous model. In the discrete model, they collect an extensive database of various types of economic crises called CDEC 40-40 and examine potential leading indicators. In the continuous model, they construct an index of real crisis incidence as the response variable.
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Sustainable real exchange rates in the new EU member states: what did the great recession change
Babecký, Jan ; Bulíř, Aleš ; Šmídková, Kateřina
Writers find that real misalignments in several countries with pegged exchange rates and excessive external liabilities widened relative to earlier estimates. While countries with balanced net trade positions may experience sustainable appreciation during 2010–2014, several currencies are likely to require real depreciation to maintain sustainable net external debt.
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Financial integration at times of financial instability
Babecký, Jan ; Komárek, Luboš ; Komárková, Zlatuše
This article analyzes the phenomenon of financial integration on both the theoretical and empirical levels, focusing primarily on assessing the impacts of the current financial crisis. In the theoretical section writers look at the definition of financial integration and summarize the benefits and costs associated with this process. The subsequent empirical section provides an analysis of the speed and level of integration of the Czech financial market and the markets of selected inflation-targeting Central European economies (Hungary and Poland) and advanced Western European economies (Sweden and the UK) with the euro area.
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The margins of labour cost adjustment: survey evidence from European firms
Babecký, Jan ; Du Caju, Philip ; Kosma, Theodora ; Lawless, Martina ; Messina, Julián ; Rõõm, Tairi
Writers broaden the analysis beyond downward rigidity in base wages by investigating the use of other margins of labour cost adjustment at the firm level. Using data from a unique survey, they find that European firms make frequent use of other, more flexible, components of compensation to adjust the cost of labour.
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A gravity approach to modelling international trade in south-eastern Europe and the commonwealth of independent states: the role of geography, policy and institutions
Babecká Kucharčuková, Oxana ; Babecký, Jan ; Raiser, Martin
An augmented gravity model is proposed and estimated for a reference group of 82 countries, employing the Poisson and Tobit estimation techniques. Writers find that low quality of economic institutions in the SEE and CIS countries accounted for a considerable proportion of their below-potential international trade. Writers perform policy simulations using institutional data up to 2008 to identify channels for increasing the international trade of the SEE and CIS countries.
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Downward nominal and real wage rigidity: survey evidence from European firms
Babecký, Jan ; Du Caju, Philip ; Kosma, Theodora ; Lawless, Martina ; Messina, Julián ; Rõõm, Tairi
This paper presents new evidence from a unique survey of firms across Europe on the prevalence of downward wage rigidity in both real and nominal terms. Writers analyse which firm-level and institutional factors are associated with wage rigidity. The results indicate that wage rigidity is related to workforce composition at the establishment level in a manner that is consistent with related theoretical models (e.g. efficiency wage theory, insider-outsider theory).
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The impact of population ageing on the Czech economy
Babecký, Jan ; Dybczak, Kakmil
Writers apply a stylised overlapping generation model in order to analyse the potential effects of the expected demographic changes on aggregate economic performance taking into account alternative fiscal policy set-ups. They provide a rough estimate of the amendments necessary on the revenue and expenditure sides in order to keep the current system financially balanced. They also discuss the implications for the development of other economic variables.
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Survey on wage and price formation of Czech firms
Babecký, Jan ; Dybczak, Kamil ; Galuščák, Kamil
Using an ad-hoc survey at the firm level, writers investigate the determinants of wage and price-setting practices in Czech firms, the presence and sources of wage rigidity, and reactions of firms to hypothetical shocks. Although the evidence of downward wage rigidity is not widespread, they find particular relevance of efficiency wage models for wage rigidity, while implicit contract theory is relevant in firms employing mainly highskilled labour.
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Global Economic Outlook - January 2011
Babecká, Oxana ; Klíma, Milan ; Hošek, Jan ; Benecká, Soňa ; Novotný, Filip ; Babecký, Jan ; Komárek, Luboš ; Komárková, Zlatuše
Výhledy HDP, inflace, předstihových ukazatelů, úrokových sazeb, měnových kurzů a cen komodit. V rámci rubriky „Zaostřeno na…“ obsahuje zpráva analýzu Integrace čínského akciového trhu se světem.
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National Repository of Grey Literature : 21 records found   previous11 - 20next  jump to record:
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1 Babecký, J.
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