
Czech paper examines strength of link between financial and real sectors

Pro-cyclicality in the finance sector also makes itself felt in the ‘real' sector in small open economies such as the Czech Republic, according to a working paper from the Czech National Bank.
In Evaluating the links between the financial and real sectors in a small open economy: the case of the Czech Republic, Tomáš Konečný and Oxana Babecká Kucharčuková combine information on aggregate credit and non-performing loans (NPLs) to find that pro-cyclicality of the financial sector matters for the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com