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Credit risk regulation and management and its influence on US economy since 80's until today
Řídký, Jan ; Jílek, Josef (advisor) ; Mládek, Josef (referee)
This thesis describes an impact of credit risk management and credit risk regulation on the volume and quality of credits. Consequently there is an influence on economic activity of people and companies, price level and business cycle. In the thesis the basic principles of credit risk management and regulations are described. The volume of granted credit determines the probability of default. If there is an option to transfer a credit risk to the third party, volume of granted credits increases. The volume of credit depends also on the regulatory duty to hold an adequate amount of capital. In the case the banks find the way to diminish this regulatory capital, the volume of credit increases. Credit activity of banks boosts economic activity of people and companies and it has an impact on the price level. The option of credit risk transfer to the third party together with high saturation of credit market leads to taking higher risk by lenders. At the end it has an impact on the business cycle.

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