Policy Papers
World Bank
Policy paper that I have prepared as the short-term consultant:
Basel III Implementation and SME Financing: Evidence for Emerging Markets and Developing Economies, with B. Fisera and M. Melecky
European Parliament - Monetary Dialogue
Briefing papers that I have prepared as a member of the expert panel of advisers for the European Parliament’s Committee on Economic and Monetary Affairs for its quarterly meetings with the European Central Bank’s President:
Design and sequencing of exit from non-standard monetary policy measures: What should the ECB “new normal” look like? , 20th November 2017
The Side Effects of Unconventional Monetary Policy, 6th February 2017
An Assessment of the Impact of Brexit on Euro Area Stability, with Christopher Hartwell, 28th November 2016
Financial Market Fragmentation and Monetary Transmission in the Euro Area, 26th September 2016
Divergent Monetary Policies of the US Federal Reserve and the ECB: Implications for the Euro Area, 15th February 2016
The papers are available at Monetary Dialogue.
Czech National Bank
Policy paper that I have prepared within their research programme:
International Spillovers of (Un)Conventional Monetary Policy: The Effect of ECB and US Fed on Non-Euro EU Countries, with J. Hajek, Czech National Bank working paper series, No. 5-2017