The Banking System of the Czech Republic as a Cybernetic System - a Unit Step Response Analysis
The Banking System of the Czech Republic as a Cybernetic System - a Unit Step Response Analysis

Author(s): František Kalouda
Subject(s): Economic policy, Behaviorism, Evaluation research, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: banking system; cybernetics; market interest rate; unit step response;
Summary/Abstract: The aim of this paper is to further describe and analyze the behavior of Czech banking as a cybernetic system. Studying the Czech Republic's banking system using cybernetic methodology has to date given essentialy unambiguous results as regards its static charakteristics (transfer function). It si principially a linear system, which further analysis to some extent simplifies. From a methodological point of view, in order to consider appropriate control interventions, the dynamical charakteristics - i.e. the step response - of the behavior of the system crucial

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