Policy Briefs • Blogs • Talks
Selected policy-relevant outputs connecting research and central banking practice — including policy briefs, blogs, research and policy notes, and invited talks.
Policy Contributions
— Climate Risk and Sovereign Yields: Why Fiscal Space and Development Status Matter
(with Sofia Anyfantaki, Marianna Blix Grimaldi, Carlos Madeira, and Georgios Papadopoulos)
SUERF Policy Brief No. 1256, September 2025
— Transmission of Liquidity Shocks through Non-Bank Financial Intermediaries: Evidence from the International Banking Research Network
(Falko Fecht and Linda S. Goldberg; contribution to the projects)
VOXU / CEPR Column, 5 August 2025
— Less theory, more reality: Semi-structural models have a lot to offer
(with Stanislav Tvrz)
cnBlog (May 13, 2025), Czech National Bank
— Geopolitical Risks and Their Impact on Global Macro-Financial Stability: Literature and Measurements
(with Martin Hodula, Jan Janků, and Ngoc Anh Ngo)
SUERF Policy Brief No. 1057, December 2024
— Borrower-Based Macroprudential Measures and Credit Growth: How Biased is the Existing Literature?
(with Martin Hodula, Zuzana Gric, and Josef Bajzík)
SUERF Policy Brief No. 827, March 2024
— Macroprudential Policy in Central Banks: Integrated or Separate? Survey Among Academics and Central Bankers
(with Martin Hodula, Zuzana Gric, Josef Bajzík)
CNB Research and Policy Note 4/2021, March 2022
— Researching the Research: A Central Banking Edition
(with Martin Hodula, Zuzana Rakovská)
CNB Research and Policy Note 3/2020, February 2021
— A Prolonged Period of Low Interest Rates: Unintended Consequences
(with Josef Bajzík, Dominika Ehrenbergerová, Jan Janků)
CNB Research and Policy Note 2/2020, January 2021
— How to Organize Research in Central Banks: The Czech National Bank’s Experience
CNB Research and Policy Note 1/2020, August 2020
Talks
— Geopolitical Risks: Facing the Challenges and Finding Opportunities — Panelist
3rd Durham–Bristol Banking Policy Forum, October 2025
— Research and Policy Coordination in a Changing World — Keynote speech
Czech National Bank Research Open Day 2023