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Dopady nástrojov monetárnej politiky na úverovú aktivitu v odlišných finančných systémoch
Hanko, Milan
This diploma thesis deals with the study of the different effects of the use of monetary policy instruments on lending activity in Bank-based and Market-based financial systems. Empirical analysis is based on the use of BMA to limit uncertainty associated with the selection of the wrong determinants, and then uses a regression model of time series with the inclusion of delayed indicators that demonstrate the different impact of credit determinants in financial systems based on banking and commercial mediation.

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