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
— August 2024: Our paper How Do Climate Policies Affect Holdings of Green and Brown Firms’ Securities? (with Dominika Ehrenbergerová and Caterina Mendicino) was accepted for presentation at the 2024 CEBRA Annual Meeting, which will take place in Frankfurt, Germany.
— May 2024: Visiting the Bank of Finland Institute for Emerging Economies (BOFIT) as visiting researcher.
— May 2024: I will present paper Macroprudential Policy and Income Inequality: The Trade-off Between Crisis Prevention and Credit Redistribution (with Jan Janků and Martin Hodula) at the BOFIT seminar (Helsinki, Finland and online).
Recent
— April 2024: Presented paper Corporate lending in face of domestic and foreign monetary policy: Insights from AnaCredit (with Zuzana Gric and Jan Janků) at the 2nd Workshop of the ESCB Research Network “Challenges for Monetary Policy Transmission in a Changing World” (ChaMP): Workstream 1 in Frankfurt, Germany (organized by European Central Bank).
— April 2024: Presented paper How Do Climate Policies Affect Holdings of Green and Brown Firms’ Securities? (with Dominika Ehrenbergerová and Caterina Mendicino) at the Research Café of the Department of Economics, VSB-Technical University of Ostrava, Czechia.
— February 2024: New Czech National Bank Working 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).
— February 2024: Presentation at the Heads of Research Strategy Workskop in High Tatras, Slovakia (organized by National Bank of Slovakia).
— February 2024: Researching the Research: A Central Banking Edition (with Martin Hodula and Zuzana Gric) published in International Journal of Central Banking 20(1).
— December 2023: Borrower-Based Macroprudential Measures and Credit Growth: How Biased is the Existing Literature? (with Martin Hodula, Josef Bajzík, and Zuzana Gric) accepted for publication in Journal of Economic Surveys.
— December 2023: Mutual Funds Facing Domestic and Foreign Monetary Policy (with Martin Hodula) and also New Cross-country Metric on Climate Transition Risk presented at the IBRN Winter 2023 Workshop in Basel, Switzerland (organized by IBRN & BIS).
— December 2023: Grant project “Central Bank Policies, Financial Sector, and Inequality” supported by the Grant Agency of the Czech Republic for the period 2024-2026 (the role of principal investigator).