Details about Adam Gersl

Access statistics for papers by Adam Gersl.

Last updated 2024-03-07. Update your information in the RePEc Author Service.

Short-id: pge78

Working Papers

2025

1. Does Bank Regulation and Supervision Impact Income Inequality? Cross-Country Evidence
   Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies

2024

2. Exploring Institutional Determinants of Private Equity and Venture Capital Activity in Europe
   Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
3. Migration, Remittances, and Wage-Inflation Spillovers: The Case of Albania
   Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
4. Monetary Policy, Macro-Financial Vulnerabilities, and Macroeconomic Outcomes
   Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies

2023

5. Does FX Hedge Mitigate the Impact of Exchange Rate Changes on Credit Risk? Evidence from a Small Open Economy
   Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
6. Does Monetary Policy Reinforce the Effects of Macroprudential Policy
   Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
7. Macroprudential Policies and Capital Controls Over Financial Cycles
   IMF Working Papers, International Monetary Fund View citations (1)
8. Spurious Precision in Meta-Analysis
   Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (6)

2022

9. Fiscal Consolidation under Market´s Scrutiny: How Do Fiscal Announcements Affect Bond Yields
   Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
10. Using Macro-Financial Models to Simulate Macroeconomic Developments During the Covid-19 Pandemic: The Case of Albania
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
    See also Journal Article Using Macrofinancial Models to Simulate Macroeconomic Developments During the COVID-19 Pandemic: The Case of Albania, Eastern European Economics, Taylor & Francis Journals (2023) (2023)

2015

11. Monetary conditions and banks' behaviour in the Czech Republic
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (12)
    Also in Working Papers, Czech National Bank, Research and Statistics Department (2012) View citations (8)
    See also Journal Article Monetary Conditions and Banks’ Behaviour in the Czech Republic, Open Economies Review, Springer (2015) View citations (19) (2015)

2013

12. Explaining the Czech Interbank Market Risk Premium
    Working Papers, Czech National Bank, Research and Statistics Department View citations (2)
    See also Journal Article Explaining the Czech interbank market risk premium, Economic Systems, Elsevier (2014) (2014)

2012

13. Credit Growth and Countercyclical Capital Buffers: Empirical Evidence from Central and Eastern European Countries
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (9)
14. Dynamic Stress Testing: The Framework for Testing Banking Sector Resilience Used by the Czech National Bank
    Working Papers, Czech National Bank, Research and Statistics Department View citations (10)
15. Excessive credit growth and countercyclical capital buffers in basel III: an empirical evidence from central and east european countries
    MPRA Paper, University Library of Munich, Germany View citations (18)
    See also Journal Article Excessive Credit Growth and Countercyclical Capital Buffers in Basel III: An Empirical Evidence from Central and East European Countries, ACTA VSFS, University of Finance and Administration (2012) View citations (19) (2012)
16. Measures to tame credit growth: are they effective?
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (2)
    See also Journal Article Measures to tame credit growth: Are they effective?, Economic Systems, Elsevier (2014) View citations (4) (2014)

2011

17. Credit Growth and Capital Buffers: Empirical Evidence from Central and Eastern European Countries
    Research and Policy Notes, Czech National Bank, Research and Statistics Department View citations (12)
18. Credit growth and financial stability in the Czech Republic
    Policy Research Working Paper Series, The World Bank View citations (10)
19. Models for Stress Testing Czech Banks' Liquidity Risk
    Working Papers, Czech National Bank, Research and Statistics Department View citations (2)
20. Political Legislation Cycle in the Czech Republic
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (12)
    See also Journal Article Political legislation cycle in the Czech Republic, Constitutional Political Economy, Springer (2014) View citations (13) (2014)
21. Political Pressure on the National Bank of Slovakia
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies

2010

22. Adverse Feedback Loop in the Bank-Based Financial Systems
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
23. Economic Volatility and Institutional Reforms in Macroeconomic Policymaking: The Case of Fiscal Policy
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
24. Global Financial Crisis and the Puzzling Exchange Rate Path in CEE Countries
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (1)
25. Relationship Lending in the Czech Republic
    Working Papers, Czech National Bank, Research and Statistics Department
26. Relationship Lending, Firms’ Behaviour and Credit Risk: Evidence from the Czech Republic
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (1)

2008

27. Conservative Stress Testing: The Role of Regular Verification
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
28. Performance and financing of the corporate sector: the role of foreign direct investment
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (4)

2007

29. Foreign Banks, Foreign Lending and Cross-Border Contagion: Evidence from the BIS Data
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (7)
30. Foreign Direct Investment and Productivity Spillovers: Updated Evidence from Central and Eastern Europe
    Working Papers, Czech National Bank, Research and Statistics Department View citations (24)

2006

31. Development of formal and informal institutions in the Czech Republic and other new EU Member States before the EU entry: did the EU pressure have impact?
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
    See also Journal Article Development of Formal and Informal Institutions in the Czech Republic and Other New EU Member States Before Their EU Entry: Did the EU Pressure Have Impact?, Prague Economic Papers, Prague University of Economics and Business (2006) (2006)
32. Macroeconomic and financial stability challenges for acceding and candidate countries
    Occasional Paper Series, European Central Bank
33. Political Pressure on Central Banks: The Case of the Czech National Bank
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (3)

2005

34. Market Prices as Indicators of Political Events Evidence from the Experimental Market on the Czech Republic Parliamentary Election in 2002
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies View citations (1)
35. Political Economy of Public Deficit: Perspectives for Constitutional Reform
    Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies
    See also Journal Article Political Economy of Public Deficit: Perspectives for Constitutional Reform, Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies (2007) (2007)

Journal Articles

2023

1. Using Macrofinancial Models to Simulate Macroeconomic Developments During the COVID-19 Pandemic: The Case of Albania
   Eastern European Economics, 2023, 61, (5), 517-553
   See also Working Paper Using Macro-Financial Models to Simulate Macroeconomic Developments During the Covid-19 Pandemic: The Case of Albania, Working Papers IES (2022) (2022)

2022

2. A Heatmap for Monitoring Systemic Financial Stability Risks in Ukraine
   Visnyk of the National Bank of Ukraine, 2022, (253), 27-46

2021

3. Forecast-Augmented Credit-to-GDP Gap as an Early Warning Indicator of Banking Crises
   Czech Journal of Economics and Finance (Finance a uver), 2021, 71, (4), 323-351 View citations (3)

2018

4. Credit-based early warning indicators of banking crises in emerging markets
   Economic Systems, 2018, 42, (1), 18-31 View citations (6)

2016

5. Liquidity Stress Testing with Second-Round Effects: Application to the Czech Banking Sector
   Czech Journal of Economics and Finance (Finance a uver), 2016, 66, (1), 32-49 View citations (1)

2015

6. Countercyclical Capital Buffers and Credit-to-GDP Gaps: Simulation for Central, Eastern, and Southeastern Europe
   Eastern European Economics, 2015, 53, (6), 439-465 View citations (8)
7. Monetary Conditions and Banks’ Behaviour in the Czech Republic
   Open Economies Review, 2015, 26, (3), 407-445 View citations (19)
   Also in EconStor Open Access Articles and Book Chapters, 2015, 26, (3), 407-445 (2015) View citations (6)
   See also Working Paper Monetary conditions and banks' behaviour in the Czech Republic, Economics Working Papers (2015) View citations (12) (2015)

2014

8. Explaining the Czech interbank market risk premium
   Economic Systems, 2014, 38, (4), 536-551
   See also Working Paper Explaining the Czech Interbank Market Risk Premium, Working Papers (2013) View citations (2) (2013)
9. Fiscal Councils and Economic Volatility
   Czech Journal of Economics and Finance (Finance a uver), 2014, 64, (3), 190-212 View citations (1)
10. Measures to tame credit growth: Are they effective?
    Economic Systems, 2014, 38, (1), 7-25 View citations (4)
    See also Working Paper Measures to tame credit growth: are they effective?, Working Papers IES (2012) View citations (2) (2012)
11. Political legislation cycle in the Czech Republic
    Constitutional Political Economy, 2014, 25, (2), 137-153 View citations (13)
    See also Working Paper Political Legislation Cycle in the Czech Republic, Working Papers IES (2011) View citations (12) (2011)

2013

12. Dynamic Stress Testing: The Framework for Assessing the Resilience of the Banking Sector Used by the Czech National Bank
    Czech Journal of Economics and Finance (Finance a uver), 2013, 63, (6), 505-536 View citations (14)

2012

13. Excessive Credit Growth and Countercyclical Capital Buffers in Basel III: An Empirical Evidence from Central and East European Countries
    ACTA VSFS, 2012, 6, (2), 91-107 View citations (19)
    See also Working Paper Excessive credit growth and countercyclical capital buffers in basel III: an empirical evidence from central and east european countries, MPRA Paper (2012) View citations (18) (2012)
14. How to Improve the Quality of Stress Tests through Backtesting
    Czech Journal of Economics and Finance (Finance a uver), 2012, 62, (4), 325-346 View citations (10)

2011

15. Relationship Lending in Emerging Markets: Evidence from the Czech Republic
    Comparative Economic Studies, 2011, 53, (4), 575-596 View citations (7)

2010

16. Could Markets Have Helped Predict the Puzzling Exchange Rate Path in CESEE Countries during the Current Crisis?
    Focus on European Economic Integration, 2010, (1), 32-48 View citations (2)

2009

17. Liquidity Risk and Banks’ Bidding Behavior: Evidence from the Global Financial Crisis
    Czech Journal of Economics and Finance (Finance a uver), 2009, 59, (6), 577-592 View citations (6)

2008

18. Indicators of financial system stability: towards an aggregate financial stability indicator?
    Prague Economic Papers, 2008, 2008, (2), 127-142 View citations (8)
19. Productivity, Export Performance, and Financing of the Czech Corporate Sector: The Effects of Foreign Direct Investment
    Czech Journal of Economics and Finance (Finance a uver), 2008, 58, (05-06), 232-247 View citations (8)
20. Three Indirect Effects of Foreign Direct Investment: Evidence from the Czech Republic
    ACTA VSFS, 2008, 2, (1), 15-37

2007

21. Foreign Banks, Foreign Lending and Cross-Border Contagion: Evidence from the BIS Data (in English)
    Czech Journal of Economics and Finance (Finance a uver), 2007, 57, (1-2), 27-40 View citations (7)
22. Foreign Direct Investment, Corporate Finance, and the Life Cycle of Investment
    Czech Journal of Economics and Finance (Finance a uver), 2007, 57, (9-10), 448-464 View citations (9)
23. Political Economy of Public Deficit: Perspectives for Constitutional Reform
    Czech Economic Review, 2007, 1, (1), 67-86
    See also Working Paper Political Economy of Public Deficit: Perspectives for Constitutional Reform, Working Papers IES (2005) (2005)

2006

24. Development of Formal and Informal Institutions in the Czech Republic and Other New EU Member States Before Their EU Entry: Did the EU Pressure Have Impact?
    Prague Economic Papers, 2006, 2006, (1), 78-90
    See also Working Paper Development of formal and informal institutions in the Czech Republic and other new EU Member States before the EU entry: did the EU pressure have impact?, Working Papers IES (2006) (2006)
25. FOREIGN EXCHANGE INTERVENTIONS UNDER INFLATION TARGETING: THE CZECH EXPERIENCE
    Contemporary Economic Policy, 2006, 24, (4), 475-491 View citations (65)
26. Political Pressure on Central Banks: The Case of the Czech National Bank (in English)
    Czech Journal of Economics and Finance (Finance a uver), 2006, 56, (1-2), 18-39 View citations (3)
27. Testing the Effectiveness of the Czech National Bank’s Foreign-Exchange Interventions
    Czech Journal of Economics and Finance (Finance a uver), 2006, 56, (09-10), 398-415 View citations (3)

2004

28. Foreign Exchange Intervention: The Theoretical Debate and the Czech Koruna Episode
    Czech Journal of Economics and Finance (Finance a uver), 2004, 54, (3-4), 94-116

2003

29. Predikce využívající experimentální trhy
    (Predictions using experimental markets)
    Politická ekonomie, 2003, 2003, (6), 838-850 View citations (2)

Books

2014

1. Stress-Testing Analyses of the Czech Financial System, vol 12
   Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department

2012

2. Financial Stability and Monetary Policy, vol 10
   Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department View citations (1)

2011

3. Analyses of the Czech Republic's Current Economic Alignment with the Euro Area 2011
   Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department

2010

4. Analyses of the Czech Republic's Current Economic Alignment with the Euro Area 2010
   Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department

2007

5. CNB Economic Research Bulletin: Financial Stability in a Transforming Economy, vol 5
   Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department

Chapters

2011

1. Excessive Credit Growth as an Indicator of Financial (In)Stability and its Use in Macroprudential Policy
   Chapter Thematic Article 2 in CNB Financial Stability Report 2010/2011, 2011, pp 112-122 View citations (24)

2010

2. Procyclicality of the Financial System and Simulation of the Feedback Effect
   Chapter Thematic Article 3 in CNB Financial Stability Report 2009/2010, 2010, pp 110-119 View citations (10)
3. Stress Test Verification as Part of an Advanced Stress-Testing Framework
   Chapter Thematic Article 1 in CNB Financial Stability Report 2009/2010, 2010, pp 92-101 View citations (6)

2009

4. Models of Bank Financing of Czech Corporations and Credit Risk
   Chapter Thematic Article 3 in CNB Financial Stability Report 2008/2009, 2009, pp 92-101 View citations (2)

2007

5. Financial Stability Indicators: Advantages and Disadvantages of their Use in the Assessment of Financial System Stability
   Chapter Thematic Article 2 in CNB Financial Stability Report 2006, 2007, pp 69-79 View citations (25)
6. Foreign Direct Investment and the Czech Corporate Sector: Potential Risks to Financial Stability
   Chapter Thematic Article 3 in CNB Financial Stability Report 2006, 2007, pp 80-88