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The development of the insurance market in the Czech Republic after 2004 in the context of macroeconomic indicators.
Hrubanová, Magdalena ; Fischer, Jakub (advisor) ; Houžvičková, Helena (referee)
This bachelor thesis describes the insurance market in the Czech Republic in 2004. The main goal of this thesis is to prove the hypothesis statement saying that the increase of the insurance market in each department statistics is corresponding with the increase of the national account system. I am trying to prove this hypothesis by comparing the compulsory insurance premiums and the gross value added. Based on the analysis of basic index deviations, the growth rates and the calculation of the correlation coefficient of the cyclic components of time series of the given indicators, the null hypothesis will be rejected. I consider the difference between the two methodologies as the main reason of the rejection. The secondary objective is the analysis of the insurance market using selected macroeconomic indicators and its comparison with the global economy. In this section I will analyze the gross value added, the employment, the income and the labor productivity. In the last part the insurance market in the Czech Republic will be analyzed using the following indicators: claims costs, loss, penetrance and density.
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Is prolonging of studies at universities in Czech Republic effective for students and for the society?
Lompart, Oliver ; Fischer, Jakub (advisor) ; Vozárová, Pavla (referee)
Thesis have quantified the total number of students from 1999 until 3th March, 2015 who graduated within the excess year after the standard length of study (SDS). During the reporting period, the total number of finished studies in SDS plus anadditional semester totalled nearly 130,000 students, in SDS plus an additional one year were then finished 117,000 studies. The total number of failed studies, which ended up in the additional extra year in period is 40,000, of which 28,000 in SDS plus one semester and 12,000 in SDS increased by one year. Direct costs of the prolonged studies were estimated at 1.1 billion Kč for 2014. Of which 200 million are sunk costs to studies that have not been completed successfully. The work also calculated the opportunity costs in terms of revenue that could have Czech Republic earned, if the student have finished in SDS and have worked which was estimated at 4.7 billion Kč including both direct and indirect taxes.
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Criminality in regions of the Czech Republic in dependence on their economic level
Buchal, Matěj ; Fischer, Jakub (advisor) ; Helman, Karel (referee)
The bachelor thesis is based on empirical research of criminality in the Czech Republic. The object is to describe incidence of criminal offences in regions of the Czech Republic in 2014, to discover dependence of criminality on various socioeconomic factors by using regression and correlation analysis and to estimate future development of number of criminal offences. In the last part there is study of influence of the former president Vaclav Klaus amnesty on development of criminality in 2013 and 2014.
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Comparison of consumer price indices in the Czech Republic and the EU
Hanzal, Vít ; Fischer, Jakub (advisor) ; Trexler, Jiří (referee)
The aim of the bachelor thesis is to theoretically explain the concept of price statistic and his subcategories such as national (CPI) and Harmonised (HICP) Index of Consumer Prices with help from Czech statistical office and suitable literature. During the explanation of the concept of CPI is also enlightened classification of COICOP and meaning of the weight system. The prediction of the progress of weights of categories COICOP_1 and COICOP_4, is created in practical part. Moreover the hypothesis was created whether the weights of categories COICOP_1 and COICOP_4 are closing to average values of the EU. This prediction is achieved by statistical methods such as trend functions and exponencional smoothing. Slight increase of values is predicted for the weights of category COICOP_1, instead of category COICOP_4, where was predicted constant progress of the weights. In last chapter we set up a hypothesis, whether the progress of values HICP is closing to the values of EU. Also it was necessary to prove seasonality and then subsequently create a prediction of value progress, which was acomplished by exponential smoothing. The results verified the hypothesis, that the progress of HICP in CR gradually descents and that it closes to the values HICP of the EU.
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Producer price index and customer price index and their mutual relation
Benkovičová, Michaela ; Fischer, Jakub (advisor) ; Musil, Petr (referee)
The Bachelor thesis regards a producer price index a customer price index and their mutual relation. Main purpose of this Bachelor thesis is to prove that there is dependence between these indices and the producer price index influences customer price index. Achieving this goal is the main contribution this Bachelor thesis. The Bachelor thesis contains basic information about indices. Basic statistical methods are used for data analysis as graphic analysis, accordance of the first differences, additive decomposition of time series, seasonality F-test, X-12-Arima and Durbin-Watson test. Special attention is paid to the description of Hodrick-Prescott filter. The correlation coefficient is used to determine dependencies between producer price index and customer price index. Finally, it is indicated the direction in which the research could proceed.
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Assessment of education quality as factor of employability on a job market of University od Economics in Prague graduates
Bezděk, Jaroslav ; Fischer, Jakub (advisor) ; Pecáková, Iva (referee)
This bachelor thesis focuses on research of university education assessment from the University of Economics in Prague, with accent on Faculty of Informatics and Statistics. However, the main aim of the bachelor thesis is to analyse, if any item of university education evaluation can be considered to become an employability factor for graduates on a job market, even five years after their graduation. Analysis was made over the data file from REFLEX 2013 survey via questionnaire. Quality of university education was researched with the aid of frequency tables and employability factors were researched on calculation of dependence rates for nominal and ordinal variables. Benefit of the bachelor thesis is firstly in option to use results for making a level of education at the University of Economics in Prague better. For example, there was found out, that nowadays students at Faculty of Informatics and Statistics do not have so good communication skills in foreign language to be acceptable in their present job.
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The applicability of methods that are based on the employment of composite indicators in assessing sustainable development and quality of life
Petkovová, Ludmila ; Fischer, Jakub (advisor) ; Macek, Jan (referee) ; Čadil, Jan (referee)
The main objective of this thesis is to assess the applicability of methods that are based on the employment of composite indicators when evaluating the 'sustainable development' and 'quality of live' indexes. The first issue observed in here is whether the composite indicators as such even represent a suitable tool for assessing the above mentioned area of analysis; if the answer is yes, then, secondly, under which conditions the composite indicators may be applied in the context of our analysis. After answering the questions above, it is crucial to find suitable methods for the particular steps of constructing the composite indicator for the sustainable development and quality of life categories, whereby it is also necessary to evaluate the advantages and disadvantages resulting from the application of the selected composite indicators for the purposes of the respective analysis. Within this thesis, the comparison of individual methods of constructing the indicators was performed by means of applying the individual indicators on the established set of data, as well as a subsequent comparison of results and the assessment of strengths and weaknesses of the individual methods has been done with respect to the factual side of the particular composite indicators (i.e. with respect to the sustainable development and quality of life in our case). Various composite indicators for the quality of life and sustainable development have already been established; the necessity of composing additional composite indicators for the above mentioned categories reflects the problematic nature of finding a suitable tool that would be generally accepted in this case. This thesis provides for relevant conclusions and recommendations that should contribute to establish a suitable approach towards the construction of composite indicators for the sustainable development and quality of life assessment. Furthermore, the thesis provides for the comparison of methods as employed in practical construction of composite indicators in our context with methods based on a professional theory. The professional theory/literature addresses and recommends certain methods for the construction of composite indicators in the relevant context, however, these methods are typically not applied in the practical construction of the most frequently/commonly used composite indicators for measuring the sustainable development and quality of life. The critical aspects that have been observed within comparison of the individual methods are transparency of calculation, interpretability of results, robustness of the composite indicator closely linked to the nature and character of the data, and the level of applicable compensation of the individual parameters within the respective indicator that is allowed by the particular aggregation mechanism employed. The thesis concludes on a rather questionable use of composite indicators in case of assessing the sustainable development, whereby deduces on recommending the application of composite indicators only in case of assessing the quality of life, which may also be understood as a part (sub-item) of the sustainable development and which is easier to be quantitatively expressed. In parallel, the circumstances of the quality of life are better to be compared across various items, e.g. regions. The results indicate that it is not possible to establish a uniform recommendation when selecting the most suitable method; in case of every construction of the particular composite indicator it is necessary to take into account the strengths and weaknesses of all the considered methods. At the same time, the results lead to consideration of relevancy of conclusions resulting from the evaluation of quality of life by means of composite indicators, especially by means of a single number.
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Business tendency surveys in selected countries and their forecasting ability
Březinová, Eliška ; Fischer, Jakub (advisor) ; Dubská, Drahomíra (referee)
Business tendency survey as a part of expectations surveys should provide valuable information on the future evolution of the economy represented by the indicator of gross domestic product. The thesis contains a brief description of the Harmonized System of the Business tendency survey that is created by the European Commission and the OECD. The system provides advice and recommendation to member and non member countries of the European Union. The aim of this thesis is to compare models containing gross domestic product and the various confidence indicators compiled for the six selected countries of the European Union. Emphasis is placed on verification of the ability of each indicator to predict the evolution of gross domestic product. The thesis uses appropriate methods of time series analysis, especially cointegration analysis and VAR models.
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Statistical development of price level in Czech Republic and Canada
Dibelka, Jiří ; Fischer, Jakub (advisor) ; Musil, Petr (referee)
The vision of this work is in a closer look at CPI of Canada and Czech Republic, their closer composition and comparison of parts. We used mainly composition of consumer baskets in Czech and in Canada. We compared methods of construction of CPI. More focus is in Canadian CPI index, which is not much known in Czech Republic. I have tried to have a closer look at each part and interesting things about constructing the index and its explanations. The main asset of this work is in comparison the two consumer price indexes and their components as well as their differences we can find. I have used some interesting things about the life in Canada as I have experienced it by myself.
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The Construction and Use of the Time Input-Output Tables in context of the Semi-dynamic Input-Output Model
Zbranek, Jaroslav ; Fischer, Jakub (advisor) ; Hronová, Stanislava (referee) ; Rojíček, Marek (referee)
The aim of the dissertation thesis is to develop a methodology of the compilation of symmetric Time Input-Output tables under the conditions of the Czech Republic. The following aim is to create an input-output model which is based on the compiled symmetric Time Input-Output tables. For the practical applications of this model it is crucial to link the created Input-Output model with the Semi-Dynamic Input-Output model. Semi-Dynamic Input-Output model in the conception of the submitted dissertation thesis takes into account several multiplier effects and presents more comprehensive tool for the use of the Input-Output analyses in this way. The first chapter focuses on the development of the issues linked to the Input-Output tables and analyses on the territory of the Czech Republic and in the world as well. The second chapter which is also theoretical is focused on mapping of different kinds of Input-Output analyses which are done in the world using Physical, Time or Hybrid Input-Output tables. The third chapter is a purely methodological because here it is described the methodology of the compilation of symmetric Time Input-Output tables as well as methodological approach to the various sensitivity analyses. The fourth chapter focuses on the creation Semi-Dynamic Input-Output model and on the formal linking with the Input-Output model based on the Time Input-Output tables. The last fifth chapter is focused analytically. Methods described in the third chapter are applied on the official published data on the Czech economy. The analytical chapter is perceived in the submitted dissertation thesis as a tool for the sensitivity analysis in the sense of validation of the quality of the compiled Time Input-Output tables.
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