Welcome! I am the Director of the Financial Research Division at the Czech National Bank.
My research focuses on banking, financial stability, the transmission of central bank policies, and their impact on various parts of the economy, the financial system, and society as a whole.
Here you can find my published research as well as work in progress, various datasets, and codes.
Upcoming
— 17-18 December 2024: Organizing the Czech National Bank Workshop on Financial Stability and Macroprudential Policy, which will take place in Prague, Czechia. The submission deadline is 13 October 2024.
Recent
— November 2024: Presentation at the 13th Biennial Conference of the Czech Economic Society in Prague, Czechia. Papers:
- Mutual Funds in Face of Domestic and Foreign Monetary Policy: Insights from Supervisory Data (with Martin Hodula)
- Bank Lending Channel of Monetary Policy: Insights from AnaCredit (with Zuzana Gric and Jan Janků)
- Drying Up: The Effect of Drought on Corporate Loans with AnaCredit Data (with Tomáš Karhánek and Ivan Trubelík)
- Distributional Effects of Borrower-Based Macroprudential Measures (with Dominika Ehrenbergerová and Zuzana Gric)
— November 2024: Presentation at the 1st ChaMP Online Workshop. Paper: Monetary Policy Has a Long-Lasting Impact on Credit: Evidence from 91 VAR Studies (with Josef Bajzík, Jan Janků, Klára Moravcová, and Ngoc Anh Ngo).
— November 2024: Two papers presented at the IBRN Winter Meeting in Mexico City, Mexico. Papers:
- Mutual Funds in Face of Domestic and Foreign Monetary Policy: Insights from Supervisory Data (with Martin Hodula).
- Climate Risks and Sovereign Risks Nexus (with Sofia Anyfantaki, Marianna Blix Grimaldi, Carlos Madeira, and Georgios Papadopoulos; *presented by co-author)
— November 2024: Discussion of the paper at the ESCB Research Cluster 3 Workshop on Financial Stability, Macroprudential Regulation and Microprudential Supervision in Rome, Italy. Paper: “Market-based finance and the business cycle” by Katharina Cera, Sujit Kapadia, Linda Rousová, and Christian Weistroffer
— October 2024: Presentation at the seminar at the Bank of Greece (online). Paper: Distributional Effects of Borrower-Based Macroprudential Measures (with Dominika Ehrenbergerová and Zuzana Gric).
— September 2024: Presentation at the seminar at the Bank of Estonia. Paper: Distributional Effects of Borrower-Based Macroprudential Measures (with Dominika Ehrenbergerová and Zuzana Gric).
— September 2024: Presentation at the SEAM 2024 (Bratislava, Slovakia). Paper: Monetary Policy Has a Long-Lasting Impact on Credit: Evidence from 91 VAR Studies (with Josef Bajzík, Jan Janků, Klára Moravcová, and Ngoc Anh Ngo).
— August 2024: Presentation at the EEA-ESEM Congress 2024 (Rotterdam, Netherlands). Paper: How Do Climate Policies Affect Holdings of Green and Brown Firms’ Securities? (with Dominika Ehrenbergerová and Caterina Mendicino)
— August 2024: Presentation at the CEBRA Annual Meeting 2024 (Frankfurt am Main, Germany). Paper: How Do Climate Policies Affect Holdings of Green and Brown Firms’ Securities? (with Dominika Ehrenbergerová and Caterina Mendicino). Discussion of the paper in the IBRN session on NBFIs and liquidity.
— August 2024: New Czech National Bank Working paper Geopolitical Risks and Their Impact on Global Macro-Financial Stability: Literature and Measurements (with Martin Hodula, Jan Janků, and Ngoc Anh Ngo).