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How to Organize Research in Central Banks: The Czech National Bank's Experience

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  • Simona Malovana

Abstract

This paper describes the Czech National Bank's experience with the implementation of a new research model, which was motivated by a weakened link between research outputs and their application. The changes implemented in 2017 represented a next step in the evolution of the Czech National Bank's research process and have helped increase the relevance of research outputs and the flexibility of the whole process. The paper also summarizes the remaining challenges under the new research model and describes the implementation of project management in the financial research area.

Suggested Citation

  • Simona Malovana, 2020. "How to Organize Research in Central Banks: The Czech National Bank's Experience," Research and Policy Notes 2020/01, Czech National Bank.
    • Handle: RePEc:cnb:rpnrpn:2020/01
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    File URL: https://www.cnb.cz/export/sites/cnb/en/economic-research/.galleries/research_publications/irpn/download/rpn_1_2020.pdf
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    Cited by:

    1. Simona Malovaná & Martin Hodula & Zuzana Gric, 2024. "Researching the Research: A Central Banking Edition," International Journal of Central Banking, International Journal of Central Banking, vol. 20(1), pages 263-323, February.

    More about this item

    Keywords

    Central banking; Czech National Bank; challenges; project management; research model;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A3 - General Economics and Teaching - - Multisubject Collective Works

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