Details about Michal Kejak

Access statistics for papers by Michal Kejak.

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Short-id: pke82

Working Papers

2017

1. Tuning in RBC Growth Spectra
   2017 Meeting Papers, Society for Economic Dynamics
   Also in IMF Working Papers, International Monetary Fund (2016) View citations (1)
   EcoMod2017, EcoMod (2017)

2015

2. Limited Liability, Asset Price Bubbles and the Credit Cycle: The Role of Monetary Policy
   Working Papers, Czech National Bank, Research and Statistics Department

2014

3. Learning about Disaster Risk: Joint Implications for Consumption and Asset Prices
   CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague View citations (3)
4. Learning about Rare Disasters: Implications for Consumptions and Asset Prices
   CEU Working Papers, Department of Economics, Central European University View citations (10)
   See also Journal Article Learning about Rare Disasters: Implications For Consumption and Asset Prices, Review of Finance, European Finance Association (2015) View citations (16) (2015)
5. Money, Banking and Interest Rates: Monetary Policy Regimes with Markov-Switching VECM Evidence
   CEU Working Papers, Department of Economics, Central European University View citations (1)

2012

6. Deriving the Taylor Principle when the Central Bank Supplies Money
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (4)
   Also in CEU Working Papers, Department of Economics, Central European University (2012) View citations (4)
   CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2012) View citations (3)

2011

7. Real Business Cycles with a Human Capital Investment Sector and Endogenous Growth: Persistence, Volatility and Labor Puzzles
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (5)
   Also in CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2011) View citations (4)

2009

8. A Banking Explanation of the US Velocity of Money: 1919-2004
   Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (3)
   CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2009) View citations (2)
   See also Journal Article A banking explanation of the US velocity of money: 1919-2004, Journal of Economic Dynamics and Control, Elsevier (2010) View citations (31) (2010)
9. Inflation, Investment and Growth: a Money and Banking Approach
   CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (12)
   See also Journal Article Inflation, Investment and Growth: a Money and Banking Approach, Economica, London School of Economics and Political Science (2011) View citations (21) (2011)
10. US Volatility Cycles of Output and Inflation, 1919-2004: A Money and Banking Approach to a Puzzle
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (5)
    Also in Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section (2008) View citations (5)

2008

11. Inflation, Investment and Growth: a Banking Approach
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (8)
12. Tax Evasion and Growth: a Banking Approach
    CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies View citations (1)
13. Volatility Cycles of Output and Inflation: A Good Shock, Bad Shock Story
    2008 Meeting Papers, Society for Economic Dynamics View citations (1)

2007

14. Inflation, Financial Development and Human Capital-Based Endogenous Growth: an Explanation of Ten Empirical Findings
    CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis View citations (2)
15. Money Velocity in an Endogenous Growth Business Cycle with Credit Shocks
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (3)
    Also in MNB Working Papers, Magyar Nemzeti Bank (Central Bank of Hungary) (2007) View citations (3)
    CDMA Conference Paper Series, Centre for Dynamic Macroeconomic Analysis (2006) View citations (6)
    See also Journal Article Money Velocity in an Endogenous Growth Business Cycle with Credit Shocks, Journal of Money, Credit and Banking, Blackwell Publishing (2008) View citations (30) (2008)
16. Optimal Government Policies in Models with Heterogeneous Agents
    2007 Meeting Papers, Society for Economic Dynamics
    Also in CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague (2005) View citations (4)
    See also Journal Article Optimal government policies in models with heterogeneous agents, Journal of Economic Theory, Elsevier (2018) View citations (3) (2018)
17. The Interaction of Inflation and Financial Development with Endogenous Growth
    Money Macro and Finance (MMF) Research Group Conference 2006, Money Macro and Finance Research Group View citations (5)

2006

18. Accounting for Corruption: Taxes, the Shadow Economy, Endogenous Growth and Inflation
    2006 Meeting Papers, Society for Economic Dynamics View citations (1)

2005

19. A Comparison of Exchange Economies within a Monetary Business Cycle
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (3)
    See also Journal Article A COMPARISON OF EXCHANGE ECONOMIES WITHIN A MONETARY BUSINESS CYCLE, Manchester School, University of Manchester (2005) (2005)
20. Changing Composition of Human Capital: The Czech Republic, Hungary, and Poland
    CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague View citations (2)
21. Credit Shocks in the Financial Deregulatory Era: Not the Usual Suspects
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (54)
    See also Journal Article Credit Shocks in the Financial Deregulatory Era: Not the Usual Suspects, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2005) View citations (53) (2005)
22. Inflation and Balanced-Path Growth with Alternative Payment Mechanisms
    Cardiff Economics Working Papers, Cardiff University, Cardiff Business School, Economics Section View citations (38)
    Also in CERS-IE WORKING PAPERS, Institute of Economics, Centre for Economic and Regional Studies (2004) View citations (14)
    See also Journal Article Inflation and Balanced-Path Growth with Alternative Payment Mechanisms, Economic Journal, Royal Economic Society (2005) View citations (52) (2005)
23. Projection Methods for Economies with Heterogeneous Agents
    CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague View citations (7)

2004

24. Accession Trajectories and Convergence: Endogenous Growth Perspective
    CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague View citations (11)
    See also Journal Article Accession trajectories and convergence: endogenous growth perspective, Structural Change and Economic Dynamics, Elsevier (2004) View citations (12) (2004)
25. Credit Shocks in a Monetary Business Cycle
    2004 Meeting Papers, Society for Economic Dynamics View citations (4)
26. Factor Accumulation Story: Any Unfinished Business?
    CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague View citations (4)
27. On the Optimal Tax Schedule
    2004 Meeting Papers, Society for Economic Dynamics View citations (1)

2002

28. Assessing the Problem of Human Capital Mismatch in Transition Economies
    William Davidson Institute Working Papers Series, William Davidson Institute at the University of Michigan View citations (7)

2001

29. Inflation, Growth, and Credit Services
    Development and Comp Systems, University Library of Munich, Germany
    Also in CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague (2000) View citations (3)
    Transition Economics Series, Institute for Advanced Studies (1999) View citations (5)
30. Minimum Weighted Residual Methods in Endogeneous Growth Models
    Development and Comp Systems, University Library of Munich, Germany View citations (1)
    Also in CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague (2000) View citations (1)
31. Stages of Growth in Economic Development
    Development and Comp Systems, University Library of Munich, Germany View citations (2)
    See also Journal Article Stages of growth in economic development, Journal of Economic Dynamics and Control, Elsevier (2003) View citations (15) (2003)

2000

32. The Czech Economic Transition: Exploring Options Using a Macrosectoral Model
    CERGE-EI Working Papers, The Center for Economic Research and Graduate Education - Economics Institute, Prague View citations (6)
    Also in Working Papers, College Dublin, Department of Political Economy- (2000) View citations (9)

1995

33. Application of Projection Method in a Model of Endogenous Growth
    Economics Series, Institute for Advanced Studies View citations (1)

Journal Articles

2018

1. Optimal government policies in models with heterogeneous agents
   Journal of Economic Theory, 2018, 176, (C), 834-858 View citations (3)
   See also Working Paper Optimal Government Policies in Models with Heterogeneous Agents, 2007 Meeting Papers (2007) (2007)

2015

2. Learning about Rare Disasters: Implications For Consumption and Asset Prices
   Review of Finance, 2015, 19, (3), 1053-1104 View citations (16)
   See also Working Paper Learning about Rare Disasters: Implications for Consumptions and Asset Prices, CEU Working Papers (2014) View citations (10) (2014)

2014

3. Tax Evasion, Human Capital, and Productivity-Induced Tax Rate Reduction
   Journal of Human Capital, 2014, 8, (1), 42 - 79 View citations (11)

2011

4. Inflation, Investment and Growth: a Money and Banking Approach
   Economica, 2011, 78, (310), 260-282 View citations (21)
   See also Working Paper Inflation, Investment and Growth: a Money and Banking Approach, CERS-IE WORKING PAPERS (2009) View citations (12) (2009)

2010

5. A banking explanation of the US velocity of money: 1919-2004
   Journal of Economic Dynamics and Control, 2010, 34, (4), 765-779 View citations (31)
   See also Working Paper A Banking Explanation of the US Velocity of Money: 1919-2004, Cardiff Economics Working Papers (2009) View citations (2) (2009)

2008

6. Changing composition of human capital The Czech Republic, Hungary and Poland1
   The Economics of Transition, 2008, 16, (2), 247-271 View citations (6)
7. Money Velocity in an Endogenous Growth Business Cycle with Credit Shocks
   Journal of Money, Credit and Banking, 2008, 40, (6), 1281-1293 View citations (30)
   Also in Journal of Money, Credit and Banking, 2008, 40, (6), 1281-1293 (2008) View citations (5)
   See also Working Paper Money Velocity in an Endogenous Growth Business Cycle with Credit Shocks, Cardiff Economics Working Papers (2007) View citations (3) (2007)

2005

8. A COMPARISON OF EXCHANGE ECONOMIES WITHIN A MONETARY BUSINESS CYCLE
   Manchester School, 2005, 73, (4), 542-562
   See also Working Paper A Comparison of Exchange Economies within a Monetary Business Cycle, Cardiff Economics Working Papers (2005) View citations (3) (2005)
9. Contrasting Models of the Effect of Inflation on Growth
   Journal of Economic Surveys, 2005, 19, (1), 113-136 View citations (71)
10. Credit Shocks in the Financial Deregulatory Era: Not the Usual Suspects
    Review of Economic Dynamics, 2005, 8, (3), 668-687 View citations (53)
    See also Working Paper Credit Shocks in the Financial Deregulatory Era: Not the Usual Suspects, Cardiff Economics Working Papers (2005) View citations (54) (2005)
11. Inflation and Balanced-Path Growth with Alternative Payment Mechanisms
    Economic Journal, 2005, 115, (500), 247-270 View citations (52)
    See also Working Paper Inflation and Balanced-Path Growth with Alternative Payment Mechanisms, Cardiff Economics Working Papers (2005) View citations (38) (2005)

2004

12. Accession trajectories and convergence: endogenous growth perspective
    Structural Change and Economic Dynamics, 2004, 15, (1), 13-46 View citations (12)
    See also Working Paper Accession Trajectories and Convergence: Endogenous Growth Perspective, CERGE-EI Working Papers (2004) View citations (11) (2004)
13. The Demand for Bank Reserves and Other Monetary Aggregates
    Economic Inquiry, 2004, 42, (3), 518-533 View citations (27)

2003

14. Stages of growth in economic development
    Journal of Economic Dynamics and Control, 2003, 27, (5), 771-800 View citations (15)
    See also Working Paper Stages of Growth in Economic Development, Development and Comp Systems (2001) View citations (2) (2001)
15. The Czech economic transition
    The Economics of Transition, 2003, 11, (3), 539-567 View citations (9)

1998

16. Endogenní rùstové modely (Endogenous Growth Models)
    Czech Journal of Economics and Finance (Finance a uver), 1998, 48, (7), 445-465

Books

2016

1. Financial Cycles and Macroprudential and Monetary Policies, vol 14
   Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department

2007

2. Growth, Inflation, and Banking: The Role of Human Capital
   CERGE-EI Books, The Center for Economic Research and Graduate Education - Economics Institute, Prague