Publication details
ŘÍZENÍ CENY KAPITÁLU CENTRÁLNÍ BANKOU JAKO KYBERNETICKÝ PROCES
| Title in English | COST OF CAPITAL MANAGEMENT BY CENTRAL BANK LIKE THE CYBERNETIC PROCESS |
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| Authors | |
| Year of publication | 2014 |
| Type | Article in Proceedings |
| Conference | Mezinárodní vědecká konference Hradecké ekonomické dny 2014 |
| MU Faculty or unit | |
| Citation | |
| Field | Management and administrative |
| Keywords | Cost of capital - banking system - discount rate - market interest rate - cybernetics |
| Attached files | |
| Description | The paper is devoted to managing the cost of capital by central bank in banking system of CR. Particularly it is focused to the process of managing the market interest rate by discount rate. Effectiveness of this process is (on condition ceteris paribus) in soma circumstances question for discussion. The new contribution of the paper is first of all in the methodological field – it used methodological means of cybernetics. The aim of the paper is the influence objectification of the central bank (discount rate) to the commercial bank (market interest rate). |