"0"^^ . . "GAP403/11/2073" . . . "2011-01-01+01:00"^^ . . "2013-06-07+02:00"^^ . . . . "procyclicality financial markets bubble asset price macroprudential regulation"@en . . . "2014-12-31+01:00"^^ . "44"^^ . . . "http://www.isvav.cz/projectDetail.do?rowId=GAP403/11/2073"^^ . "44"^^ . . . . "Projekt se\u00A0zab\u00FDv\u00E1 vztahem procykli\u010Dnost\u00ED finan\u010Dn\u00EDch trh\u016F, bublinami na trz\u00EDch aktiv a makropruden\u010Dn\u00ED regulac\u00ED, a to z pohledu mal\u00E9 otev\u0159en\u00E9 ekonomiky. Prvn\u00EDm zam\u011B\u0159en\u00EDm v\u00FDzkumu bude zdokonalit a aplikovat mno\u017Einu n\u00E1stroj\u016F k identifikaci bublin na trz\u00EDch aktiv. V empirick\u00E9 \u010D\u00E1sti budou tyto n\u00E1stroje aplikov\u00E1ny zejm\u00E9na na ceny akci\u00ED, nemovitost\u00ED a m\u011Bnov\u00E9 kurzy. N\u00E1sledn\u011B, na z\u00E1klad\u011B anal\u00FDzy \u00FAv\u011Br\u016F a bublin na trz\u00EDch aktiv bude druh\u00FDm zam\u011B\u0159en\u00EDm v\u00FDzkumu makropruden\u010Dn\u00ED anal\u00FDza a formulace doporu\u010Den\u00ED tv\u016Frc\u016Fm hospod\u00E1\u0159sk\u00FDch politik\u00A0pro zamezen\u00ED \u00FAv\u011Brov\u00FDch boom\u016F a tvorby bublin. Projekt bude rovn\u011B\u017E zkoumat\u00A0vztah mezi m\u011Bnovou politkou, finan\u010Dn\u00ED stabilitou a cenami aktiv. \u0158e\u0161en\u00ED projektu bude prob\u00EDhat v\u00A0r\u00E1mci t\u011Bchto\u00A06 \u010D\u00E1st\u00ED: (i) teorie proticykli\u010Dnosti a bubuliny cen aktiv, (ii) bubliny na devizov\u00FDch trz\u00EDch, (iii) bubliny na akciov\u00FDch trz\u00EDch, (iv) bubliny na nemovitostn\u00EDch trz\u00EDch, (v) m\u011Bnov\u00E1 a finan\u010Dn\u00ED nestabilita v obdob\u00ED integrace finan\u010Dn\u00EDch trh\u016F a (vi) makropruden\u010Dn\u00ED regulace." . "1"^^ . "1"^^ . "Procyclicality of financial markets, asset price bubbles and macroprudential regulation"@en . "The project will focus on procyclicality of financial markets, asset price bubbles and macroprudential regulation from the perspective of small open economies. The first stream of research will apply and improve a battery of tools for identification of asset price bubbles. An empirical analysis will be mainly focused on stock prices, real estate prices and exchange rates. Following the investigation to credit booms and asset price bubbles, the second stream of research will focus on the analysis of macroprudential policy tools and recommendations for addressing credit booms and their consequences. We will deal also with the three-dimensional relationship among monetary policy, financial stability and asset prices. The whole research project will be carried out in the following\u00A06 areas: (i) theories of procyclicality and asset price bubbles, (ii) bubbles on the foreign exchange market, (iii) bubbles on the stock exchange markets, (iv) bubbles on the housing markets, (v) monetary and financial (in)stability in phase of financial integration, and (vi) macroprudential regulation."@en . "2014-09-08+02:00"^^ . "Procykli\u010Dnost finan\u010Dn\u00EDch trh\u016F, bubliny v cen\u00E1ch aktiv a makropruden\u010Dn\u00ED regulace" . . . .