Using high-frequency data to monitor developments in the banking sector - the case of the Czech Republic
نویسنده
چکیده
The structure of data collection should always follow the users’ requirements. The way in which respective countries are affected by the financial crisis determines the users’ requirements and ultimately the data needs. The financial crisis, which turned into a global recession, has provided a good opportunity to carry out a stocktaking exercise in the area of data availability. In the case of the Czech Republic, it was a relatively comprehensive exercise since the Czech National Bank (CNB) acts as a monetary authority, integrated supervisor and statistical institution, thereby creating many synergies. This paper discusses the impact of the financial crisis on the Czech economy, the data collection stemming from the new requirements and the lessons learned from this collection.
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