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Title page |
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Contents |
iii |
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Preface |
1 |
| Luděk Benada |
Dependence of Stock Return in the Prague Stock Exchange on the Oil Price |
3 |
| Joanna Bialynicka-Birula |
Investment in Art – Specifity, Risks, and Rates of Return |
10 |
Bálint Botos
László Nagy
Mihály Ormos |
Pairs Trading Arbitrage Strategy in the Old and New EU Member States |
21 |
Antonio Cerqueira
Claudia Pereira |
Financial Reporting Quality and Information Asymmetry in Europe |
32 |
Liběna Černohorská
Filip Honza |
Specifics of the Banking Sectors in the Countries of Former Yugoslavia |
52 |
Jan Černohorský
Lucie Kynclová |
The Impact of the Financial Crisis on Integration of Bond Markets in the European Union |
62 |
| Oleg Deev |
What Has Europe Taught Us about Banking Integration and Financial Stability? |
73 |
| Ewa Dziwok |
Yield Curve Modeling and its Application for Post-Crisis Monetary Policy |
80 |
Lenka Fojtíková
Monika Kovářová |
Influence of China´s Entry into the WTO on Cross-Border Financing |
86 |
Martina Halásková
Renáta Halásková |
Assessment of Public Expenditures in Selected Areas of Public Services in EU Countries |
93 |
Pavlína Haltofová
Edita Rácková |
Real Activity of Civic Associations in the Czech Republic and their Financing |
104 |
| Fatma Hamza |
Choice between Bank Loans, Publicly Traded Debt and Equity in Mergers and Acquisitions |
111 |
| Tomáš Heryán |
Stock Prices Volatility and Trading Volume: Evidence from Selected World Financial Companies´ Shares |
117 |
| Martin Hodula |
Measuring Banking Union Efficiency Improvement for EA and non-EA Countries |
126 |
Michal Holčapek
Tomáš Tichý |
Some Results on the Law of Large Numbers for Random LU-Fuzzy Numbers in the Context of Simulation of Financial Quantities |
135 |
| Jana Hvozdenská |
The Yield Curve as a Predictor of Economic Activity – the Case of the EU-15 |
142 |
Silvie Chudárková
Karin Gajdová
Pavel Tuleja |
Comparative Analysis of Return on Public Investment in Education |
151 |
| Filip Chybalski |
Financial Stability of Pension Systems: A Cross-Country Analysis |
161 |
Veronika Kajurová
Oleg Deev |
Network Analysis of European Financial Institutions CDS Market |
170 |
Gábor Dávid Kiss
Tamás Schuszter |
The Euro Crisis and Contagion among Central-East European Currencies |
178 |
Petr Koráb
Tomáš Heryán |
Is the Gresham´s Law Still Valid? Evidence from South American Dollarized Economies |
191 |
| Jana Kotlebová |
Loans to Non-Financial Corporations as an Indicator of Economic Recovery – Case of Slovakia |
198 |
| Aleš Kresta |
Currency Risk Modelling by GARCH-Copula Model |
210 |
| Jana Kubicová |
The Role of Corporate Income Tax in Foreign Direct Investment Inflows into the “Old” and “New” EU Member States |
222 |
| Koji Kubo |
The Impacts of the Central Bank Foreign Exchange Auctions on the Parallel Market Exchange Rate in Myanmar |
234 |
Tommaso Lando
Lucio Bertoli-Barsotti |
A Mapping of Investor´s Risk Profile |
243 |
| Dagmar Linnertová |
Analysis of Factors Influencing the ETFs Short Sale Level in the US Market |
251 |
| Edyta Marcinkiewicz |
An Empirical Study of the Determinants of Index Futures Basis: The Case of Warsaw Stock Exchange |
260 |
| Petra Matušková |
Monte Carlo Simulation Methods as an Estimation Tool for Capital Requirements |
270 |
| Jiří Mazurek |
On Why Current Definitions of Economic Recessions Are Unsatisfactory and How to Improve It |
280 |
Aleš Melecký
Monika Šulganová
Petra Lelková |
Credit Risk and the Czech Macroeconomy: The Response of Non-performing Loans to Macroeconomic Fundamentals |
286 |
Afrasiab Mirza
Frank Strobel |
Leverage Requirements and Systemic Risk |
296 |
Danuše Nerudová
Veronika Solilová |
The Impacts of the CCCTB Introduction on the Distribution of the Group Tax Bases across the EU: The Study for the Czech Republic |
308 |
Sergio Ortobelli Lozza
Filomena Petronio
Tomáš Tichý |
A Financial Application of Multivariate Stochastic Orderings Consistent with Preferences |
320 |
Sergio Ortobelli Lozza
Sebastiano Vitali
Marco Cassader |
Reward and Risk in the Fixed Income Markets |
329 |
| Karolina Patora |
Comparative Analysis of Liquidity Position of the European Banks |
341 |
| Stanislav Polouček |
Lender of Last Resort and Too-Big-To-Fail Hypothesis |
349 |
| Lenka Přečková |
How Do Insurance Companies Inform their Clients of Insured Value within Business Insurance against Natural Disasters in the Czech Republic? |
359 |
Angela Roman
Ioana-Iuliana Tomuleasa |
Analysis of Profitability Determinants: Empirical Evidence of Commercial Banks in the New EU Member States |
372 |
Petra Růčková
Tomáš Heryán |
The Capital Structure Management in Companies from the Building Area in Conditions of the Czech Republic |
384 |
| Petra Růčková |
Analysis of the Relation Between Liquidity and Selected Indicators From the View of Solvency in Selected Business Branches |
394 |
Iveta Řepková
Cynthia Louise Miglietti |
Cost and Profit Efficiency of the Slovak Banking Sector |
406 |
| Petr Seďa |
Econometric Analysis of Linkages among Central European Stock Markets: an Impact of the Global Financial Crisis |
417 |
| Agnieszka Skoczylas-Tworek |
The Role of Audit in the Process of Optimizing the Management of Corporate Risk |
429 |
Barbora Stanová
Lucia Kozmová |
The Impacts of the Unconventional Monetary Policy Measures on the Money Stock Development in the USA and Euro area |
437 |
| Irena Szarowská |
The Options of Financial Sector Taxation |
448 |
| Jana Šimáková |
Extended Gravity Model of International Trade: An Empirical Application to Czech Trade Flows |
456 |
| Mária Širaňová |
Fiscal Consolidation and its Reflection in Euro Area Current Account Imbalances |
462 |
Roman Šperka
Marek Spišák |
Risk Impact in the Simulation: What Effects Brings Tobin Tax Involvement on the Stability of Financial Market? |
475 |
| Mehdi Toloo |
An Improved DEA-DA Approach: Application on Bank Industry |
484 |
| Pawel Trippner |
Analysis of Financial Liquidity Management in the Enterprise and its Impact on the Profitability |
494 |
| Pavla Vodová |
To Lend or to Borrow on the Interbank Market: What Matters for Commercial Banks in the Visegrad Countries |
502 |
Laura Wallenius
Elena Fedorova
Mikael Collan |
Surprise Effect of European Macroeconomic Announcements on CIVETS Stock Markets |
513 |
