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Featured researches published by Petr Jakubík.


Archive | 2011

Households’ Response to Economic Crisis

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

Procyclicality of the Financial System and Simulation of the Feedback Effect

Adam Gersl; Petr Jakubík


Comparative Economic Studies | 2011

Relationship Lending in Emerging Markets: Evidence from the Czech Republic

Adam Gersl; Petr Jakubík


Archive | 2012

Dynamic Stress Testing: The Framework for Testing Banking Sector Resilience Used by the Czech National Bank

Adam Gersl; Petr Jakubík; Tomas Konecny; Jakub Seidler


Occasional Publications - Chapters in Edited Volumes | 2009

Models of Bank Financing of Czech Corporations and Credit Risk

Adam Gersl; Petr Jakubík


Occasional Publications - Edited Volumes | 2009

CNB Economic Research Bulletin: Financial and Global Stability Issues

Jan Babecký; Sofia Bauducco; Ales Bulir; Martin Cihak; Petr Jakubík; Lubos Komarek; Zlatuse Komarkova; Jiri Podpiera; Christian Schmieder; Laurent Weill


Archive | 2014

Stress Testing the Private Household Sector Using Microdata

Kamil Galuscak; Petr Hlaváč; Petr Jakubík


Occasional Publications - Chapters in Edited Volumes | 2013

Household stress tests using microdata

Petr Hlaváč; Petr Jakubík; Kamil Galuscak


Occasional Publications - Edited Volumes | 2014

Stress-Testing Analyses of the Czech Financial System

Kamil Galuscak; Adam Gersl; Marcela Gronychova; Petr Hlaváč; Petr Jakubík; Lubos Komarek; Zlatuse Komarkova; Tomas Konecny; Jakub Seidler


Archive | 2010

Relationship Lending in the Czech Republic

Adam Gersl; Petr Jakubík

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Adam Gersl

Charles University in Prague

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Jakub Seidler

Charles University in Prague

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Roman Horvath

Charles University in Prague

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