Publication details

The interest rates of the central bank and the banking sector

Authors

PÁNEK Dalibor

Year of publication 2015
Type Article in Proceedings
Conference Evropské finanční systémy 2015
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Economy
Keywords central bank; commercial bank; interest rate; affectiveness of instrument
Description The text contains the issue of the custody of the interest rates of the central bank and interest rates in the banking sector of the Czech republic. The text includes the characteristics of the instruments of monetary policy of the central bank, their current options for the use and the reasons for the currently limited the effectiveness of the interest rates of the central bank on the banking sector. In the text is used for the model identification of the nature of the dependence of the time series of interest rates of the central bank and the commercial banks in the last ten years. The conclusion includes a summary of the knowledge gained custody of the interest rates of the central bank and rates of the commercial banks and the causes of the influences acting on these links.

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