03307ntm a22005417i 4500 000720394 CZ-PrVSE 20250301181534.0 m d cr n|||||||||| 250301s2025 xr fsbm 000 0 eng d NEZPRACOVANÝ IMPORT ABA006 cze ABA006 ABA006 rda Wałoszková, Adriana ISIS:140236 dis Dynamika mezinárodních kapitálových toků v České republice : Přístup Capital Flows at Risk eng Dynamics of Czech Capital Flows : Capital Flows at Risk Approach Adriana Wałoszková 2025 ?? stran : digital, PDF soubor Vedoucí práce: Jiří Witzany Diplomová práce (Ing.)—Vysoká škola ekonomická v Praze. Fakulta financí a účetnictví, 2025 Obsahuje bibliografii Textový (vysokoškolská kvalifikační práce) Rok obhajoby 2025 This thesis applies the Capital Flow at Risk (CFaR) framework to examine how global and domestic drivers affect non-resident debt capital flows in the Czech Republic. By integrating quantile regression with a skewed t-distribution fit, the approach captures distributional asymmetries and tail risks, which are often overlooked by mean-focused models. Empirical results reveal that external push factors, such as European risk aversion and the European Central Bank’s monetary policy stance, disproportionately influence the lower and upper quantiles of capital flows, indicating that sudden, volatile shifts in global markets can amplify both severe outflows and large inflows. Meanwhile, domestic pull factors, particularly GDP growth and the term spread, underscore the role of strong local fundamentals in attracting and sustaining capital inflows. Scenario analyses further demonstrate how exogenous shocks can shift both the position and shape of the distribution of future capital flows, highlighting that a quantile-based CFaR framework can serve as a critical tool for policymakers aiming to identify vulnerabilities, track evolving risks and employ appropriate policy response. Způsob přístupu: Internet finanční inženýrství [obor dipl. práce] diplomové práce fd132022 czenas master's theses eczenas Tail Risk Czech Republic Surges and Stops Capital Flows Capital Flows at Risk Quantile Regression Push And Pull Factors Witzany, Jiří, 1966- vse2007429830 ths Siuda, Vojtěch ISIS:101315 opn Vysoká škola ekonomická v Praze. Fakulta financí a účetnictví kn20010709398 dgg https://insis.vse.cz/zp/87867/podrobnosti VŠKP v InSIS https://insis.vse.cz/zp/87867 Hlavní práce https://insis.vse.cz/zp/87867/posudek/vedouci Hodnocení vedoucího https://insis.vse.cz/zp/87867/posudek/oponent/85379 Oponentura https://insis.vse.cz/zp/87867/podrobnosti dc:identifier NEPOSILAT VSKP vse87867 250207 87867