The Impact of Discount Rate on Commercial Rates in the Czech Republic: The Cybernetic Approach
The Impact of Discount Rate on Commercial Rates in the Czech Republic: The Cybernetic Approach

Author(s): František Kalouda
Subject(s): Business Economy / Management, Evaluation research, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: banking system; cybernetics; cost of capital;
Summary/Abstract: The paper is devoted to the Czech banking system identification as a cybernetic system. The behaviour of banking system defined in this way is analysed herein the branch of capital cost management (bank loan). The aim of the paper is analysis of the managing system relations (regulator – central bank) to managed system (regulated cadre – commercial banks) as relationships between operational indicator (discount rate) and regulated indicator (commercial rates).

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