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Consequences of recrictive policy in the time of crisis (on the example of contraproductive government of Petr Nečas)
Kos, Tomáš ; Babin, Jan (advisor) ; Rod, Aleš (referee)
This bachelor thesis: Consequences of recrictive policy in the time of crisis (on the example of contraproductive government of Petr Nečas) tries to examine the fiscal policy applicated in the Czech republic in years between 2010 and 2013, at the time of the economic crisis. This thesis is motivated by reserch question: What impact had the fiscal policy applicated by the government on the economy of the Czech republic? I created econometric models by using data of Český statistický úřad and Česká národní banka. Regarding these econometric models, the fiscal policy had negative impact on GDP, that had downward sloping trend. The negative impact was confirmed even on the unemployment, that had been rising, and also on the inflation, which was forced under the inflation target of Česká národní banka by the fiscal policy.

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2 Koś, Tomáš
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