Holinka, Tomáš - In: Czech Journal of Economics and Finance (Finance a uver) 55 (2005) 7-8, pp. 363-379
The paper analyses the factors leading to the fall of long-term interest rates in the Czech Republic – respectively … suggests that falling long-term interest rates may have been affected by an expectation of lower short-term rates due to … vis-à-vis European Central Bank policy, i.e., euro interest rates. Another factor is the anticipated entry of the Czech …