National Repository of Grey Literature 8 records found  Search took 0.00 seconds. 
Assessing the Fiscal Sustainability of the Czech Republic
Ambriško, Róbert ; Dingová, Vilma ; Dvořák, Michal ; Hájková, Dana ; Hromádková, Eva ; Kulhavá, Kamila ; Štiková, Radka
We present a model of public finance for the Czech Republic that addresses the main sources of risks to long-term fiscal sustainability: ageing-related expenditures and revenues, and the corresponding evolution of government debt. The baseline model is based on recent demographic projections issued by the Czech Statistical Office that forecast a shrinking share of the working-age population. Along with regulations and microeconomic incentives embedded in the tax and expenditure systems, demographic developments will affect economic growth and government expenditure and revenues in the long run. Population ageing is found to have a significant impact on future government expenditure via spending on old-age pensions and health care, where the cost profiles are modelled to reflect technological progress in the treatment of ageing-related illnesses. The analysis shows that under the current policy settings, a compound demographic effect will cause the primary government balance to turn negative at the beginning of the 2030s. The growing primary deficits, along with interest payments, which react to debt dynamics, will lead to a rapid escalation of government debt. While the outcome of the model is dependent on the specific settings of macroeconomic trends and policy variables, our wide range of sensitivity analyses show that without a policy response, even the most optimistic population scenario delivers an unsustainable path for public finances.
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Development and structure of state debt of the Czech Republic and Slovakia
Burdová, Diana ; Štiková, Radka (advisor) ; Serdarevič, Goran (referee)
This bachelor thesis deals with the development and structure of the state debt in Czech and Slovak Republic in the period from the establishment in 1993 to the year 2010. The main goal is to compare the development of indebtedness and state debt management in these two countries. The first part of the thesis deals with the theoretical background of public debt. The second part is a comparison itself and concentrates on the amount and structure of state debt, following the economic events, and on the actions of debt management. The conclusion summarizes common features and certain differences in the development. To some extent, it also outlines the future course of the state debt in Czech and Slovak Republic.
Parliamentary Elections and the Stock Markets: Evidence from CEE countries
Bláhovec, Tomáš ; Štiková, Radka (advisor) ; Turnovec, František (referee)
The thesis deals with electoral and partisan cycles in stock returns of nine CEE countries and checks consistency of observed cycles with efficient market hypothesis. The evidence mostly supports possibility of political influence on stock markets, but the effects often have opposite sign than hypothesized. Electoral cycle has been found in Estonia and Hungary, while returns in four other countries are significantly lower before elections. Markets more often exhibit left-wing premium, it is significant in the Czech Republic, Lithuania and Romania. The results are similar between nominal and real returns. Both cycles are also considered significant for the panel of countries. Moreover, cycles are hardly explainable by macroeconomic conditions, which indicates market inefficiency. This is confirmed by analysis of volatility, which reveals that risk does not correspond to changes in returns induced by the cycles.
EU's cohesion policy and absorption capacity in Czech Republic for the years 2007-2009 with the main attention in year 2009
Macháčková, Táňa ; Štiková, Radka (advisor) ; Glazar, Ondřej (referee)
This bachelor thesis introduces EU's Cohesion Policy and the place of Cohesion Policy in Czech Republic. Further introduces the problem of absorption capacity. The practical part of this thesis verifies whether the Czech Republic has a problem with absorption capacity. Possibility of unused all funds is evaluated using the public data for the years 2007 - 2009 with the main attention in year 2009.
Industrial relations'importance for the economic performance
Malá, Barbora ; Streblov, Pavel (advisor) ; Štiková, Radka (referee)
The aim of my bachelor thesis is to point out the industrial relations system as one of the key aspects of labor productivity, as well as the character of the economy. At first, I describe briefly the role of trade unions in the Post-Socialist Europe, and then in the advanced industrial democracies, to show the main differences in the interpretation of trade union meaning among these countries. The selected group of western democratic countries is the analysis' object. It's purpose is to try to find out if there exists any correlation between union density and labor productivity. I have at disposal the data for the period of 1990 to 2005 and I have chosen five European traditionally democratic countries to be compared: Sweden, Germany, Italy, France and Great Britain. My intention here is to point out the fact that despite overall weakening of European trade unions' personal resources the current union power and collective bargaining achievements depend predominantly on the traditional industrial relations concept of each country. The question of immediate interest is to what extent the institutional system influence the character of the production process. Powered by TCPDF (
Microeconomic analysis of 2008 tax reform impac t on Czech Republic from the income tax' perspective
Murková, Viera ; Hollmannová, Monika (advisor) ; Štiková, Radka (referee)
Master's Thesis describes changes that occurred to the income tax in general, but the main focus is on change, that came through in recent years in the Czech Republic. Particularly tax reform, which is valid from 1.1.2008. The paper is divided into three parts. The first part is split into two sections: natural and legal persons. In this part there are theoretically described mainly characteristics of these persons. This is essential for studying particular impacts of the tax reform changes, which are described in detail in the following chapters. The second part is also divided into two parts, and each section discusses the tax reform from the point of view of natural and legal persons. This part was enriched by short examples always calculated for years 2007, 2008 and 2009, so that we can see the impact of the reform in these particular years both practically and in numbers. In third part there is a description of microeconomic analysis of income tax for natural as well as for legal persons. This part deals with the advantages and disadvantages of the existence of the income tax and also why this tax is divided into two parts. The conclusion of this paper summarizes the impact of the tax reform on individuals and also there are balanced the advantages and disadvantages of this reform. Powered by TCPDF...
Unemployment of young people in Czech Republic
Zemanová, Ivana ; Langhamrová, Jitka (advisor) ; Štiková, Radka (referee)
This thesis focuses on unemployment of young people. Young people are among disadvantaged groups in the labor market, so they are given special attention. The main goal of this work is to analyze unemployment of young people in the Czech Republic, monitor its development and evaluate the changes. Attention is paid to the relationship between unemployment and education. The indicator of average length of education is used along with educational structure to evaluate the level of education. The work also focuses on the economic activity of young people, which has significantly reduced in recent years. At the end of this thesis is analyzed unemployment and education of young people in the regions of the Czech Republic.
The Census in the Czech republic – history, importance and the future
Skořepová, Kateřina ; Miskolczi, Martina (advisor) ; Štiková, Radka (referee)
Bachelor thesis Census in the Czech Republic - history, importance and the future is to assess and complete available information for the purpose and history of the census. The importance of the census is not just a demographic and statistical, as it might seem at first glance. The data obtained from the census can be used in many other areas, such as politics, economics, social, health and education, and others. The outline possible developments in the census cannot be assessed unless there are known some of the historical circumstances of creation and operation of certain methods and procedures. Therefore, to conversing about the future it is necessary to know at least part of the past. The past is described in detail in the work, there are showing the changes that in the middle ages to the present day has passed. Possible development of the census will depend on several aspects and it is currently not clearly say how the next census will look in the Czech Republic. However, suggestions and recommendations exist. There are a few methods of census methods which can be used in the future. Registers, sample surveys or a combination of nation-wide census and data from administrative sources can be considered.

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