Publication details
Cost of Capital Management by the Central Bank in Czech Banking System: The Cybernetic Approach
| Title in English | Cost of Capital Management by the central Bank in Czech Banking System: The Cybernetic Approach |
|---|---|
| Authors | |
| Year of publication | 2017 |
| Type | Article in Proceedings |
| Conference | Chalenges for Financial Sector of CEE Countries in Overcoming Problems of Economic Integration in the EU |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | banking system; cost of capital; cybernetics |
| Attached files | |
| Description | The paper is devoted to the Czech banking system, understood as a cybernetic system. The focus is to the cost of capital management. The aim of the paper is analysis and evaluation relations between the managing system (controller – central bank) and managed system commercial banks) as relationships between operational indicator (discount/REPO rate) and regulated indicator (commercial rates). Methodology of the paper is strategically focused to application methods of economic cybernetics. The usual analytic-synthetic methods, literary research, description and comparison are used here as well. The main expected results of the paper are conclusions related to the fundamental linkages between discount/REPO rate and the commercial rates and to the real control potential oft the CR central bank in this area consequently. |