Petr Jakubík
European Central Bank
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Featured researches published by Petr Jakubík.
Archive | 2011
Petr Jakubík
This paper studies the economic impact of the current global economic downturn on the household sector. Household budgets can be negatively affected by declines in nominal wages and increases in unemployment. We empirically test this effect for the small open emerging economy. As a result of a lack of individual data on household finances, micro data are simulated. Our analysis clearly shows that there is a significant additional decline in consumption related to an increase in household default rates and unemployment. We find that potential household insolvencies have important implications for the financial system as well as for the macroeconomy.
Occasional Publications - Chapters in Edited Volumes | 2010
Adam Gersl; Petr Jakubík
Comparative Economic Studies | 2011
Adam Gersl; Petr Jakubík
Archive | 2012
Adam Gersl; Petr Jakubík; Tomas Konecny; Jakub Seidler
Occasional Publications - Chapters in Edited Volumes | 2009
Adam Gersl; Petr Jakubík
Occasional Publications - Edited Volumes | 2009
Jan Babecký; Sofia Bauducco; Ales Bulir; Martin Cihak; Petr Jakubík; Lubos Komarek; Zlatuse Komarkova; Jiri Podpiera; Christian Schmieder; Laurent Weill
Archive | 2014
Kamil Galuscak; Petr Hlaváč; Petr Jakubík
Occasional Publications - Chapters in Edited Volumes | 2013
Petr Hlaváč; Petr Jakubík; Kamil Galuscak
Occasional Publications - Edited Volumes | 2014
Kamil Galuscak; Adam Gersl; Marcela Gronychova; Petr Hlaváč; Petr Jakubík; Lubos Komarek; Zlatuse Komarkova; Tomas Konecny; Jakub Seidler
Archive | 2010
Adam Gersl; Petr Jakubík