Default in Selected Sectors in the Czech Republic

@inproceedings{44280,
   author = {Krkošková, Radmila},
   address = {České Budějovice},
   booktitle = {Proceedings of the 14th International Scientific Conference INPROFORUM Business Cycles – more than Economic Phenomena},
   editor = {Nikola Soukupová},
   keywords = {ADF test; co-integration test; construction; default rate; financial and insurance activities; macroeconomic factors; VECM},
   howpublished = {elektronická verze "online"},
   language = {eng},
   location = {České Budějovice},
   isbn = {978-80-7394-824-5},
   pages = {181-185},
   publisher = {Faculty of Economics, University of South Bohemia in České Budějovice},
   title = {Default in Selected Sectors in the Czech Republic},
   year = {2020}
}

TY  - JOUR
ID  - 44280
AU  - Krkošková, Radmila
PY  - 2020
TI  - Default in Selected Sectors in the Czech Republic
PB  - Faculty of Economics, University of South Bohemia in České Budějovice
CY  - České Budějovice
SN  - 9788073948245
KW  - ADF test
KW  - co-integration test
KW  - construction
KW  - default rate
KW  - financial and insurance activities
KW  - macroeconomic factors
KW  - VECM
N2  - The paper investigates the relationship between the macroeconomic indicators and default rate in the sector of construction and the sector of financial and insurance activities in the Czech Republic. Both long-term and short-term relationships are analysed. This approach requires the construction of vector error correction model which determines both long-term and short-term causal relationship. This investigation is based on the time series of the share of outstanding loans and the total amount of loans, and on selected macroeconomic variables. The results confirm the existence of statistically significant relationships between macroeconomic indicators and the probability of defaults within both sectors. We have used the data from 2005Q1 to 2019Q4. Calculations have been performed by using the Eviews software.
ER  - 

KRKOŠKOVÁ, Radmila. Default in Selected Sectors in the Czech Republic. Online. In Nikola Soukupová. \textit{Proceedings of the 14th International Scientific Conference INPROFORUM Business Cycles – more than Economic Phenomena}. České Budějovice: Faculty of Economics, University of South Bohemia in České Budějovice, 2020, s.~181-185. ISBN~978-80-7394-824-5.