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Wealth and its measurement
Vrabec, Václav ; Musil, Petr (advisor) ; Ondruš, Vítězslav (referee)
Wealth, well-being and the standard of living of the population are among the most important topics of economic policy and statistics. This diploma thesis deals with statistical concepts of wealth measurement, especially the wealth of households. The aim of the thesis is to introduce various indicators that deal with the mentioned issues. This thesis will describe Gross Domestic Product, Household Consumption, EU-SILC Survey, or Alternative Indicators Assessing the Living Standard of the Population. The most important indicator characterizing the wealth of households will be the net worth of households. On the presented indicators I will describe the development of wealth of households in the Czech Republic since 1993. Another part of the thesis is focused on describing the relationship between net worth and other indicators of wealth through cointegration analysis of time series. In this cointegration analysis, the ADL model and the EC model will be used. The last part of the thesis is aimed at the international comparison of the wealth of households within selected European countries. For this comparison will be use a cluster analysis to build clusters of states with a similar household wealth.
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Social and economic aspects of population ageing of the Czech Republic
Šimková, Martina ; Langhamrová, Jitka (advisor) ; Krebs, Vojtěch (referee) ; Ondruš, Vítězslav (referee)
This dissertation thesis deals with an economic evaluation of population ageing in the Czech Republic. The emphasis is put on statistical and economic factors. The issue of population ageing is very wide and it affects many areas of human life. Therefore, it should be perceived in its range. The substance lies in continuity among economic area, health, education, housing, retirement policy and migration policy. Both macroeconomic and social effects of changes in the demographic structure of population should be regularly evaluated. Impacts of demographic ageing are both qualitative and quantitative. Qualitative relate to personal life, good health in old age, ensuring an adequate living standard and security of older persons. Similarly, quantitative impacts cover sustainability of funding of the pension system and social and health care systems. The thesis focuses on important factors that are often neglected and that can represent the threat to the proper function of society. On the contrary, there can be found factors acting positively e.g. the issue of labour immigration or integration of older people into the labour market. This dissertation thesis also provides complex statistical and economic view on the issue of population ageing including all key factors and effects on pensions, health, social and demographic area. The aim of the thesis lies is in the synthesis of important factors connected with population ageing and provides statistical assessment of the issue. The thesis provides procedures and methods that are innovative in the Czech Republic.
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Price calculations in national accounts
Musil, Petr ; Fischer, Jakub (advisor) ; Ondruš, Vítězslav (referee) ; Macek, Jan (referee)
The aim of this dissertation thesis is to improve price calculation used in the national accounts. The first chapter contains a description of indices and their use in the system of the national accounts. The second chapter is focused on the system of the national accounts especially supply and use tables, which are the basis for the estimate of macro aggregates at the prices of the reference period. The third chapter describes non-market services and their deflation. Output of non-market services is estimated as the sum of related costs. Input method does not allow to estimate productivity and efficiency of their provision. The main part of the chapter is devoted to the description of the developed methodology for deflation of education services in the Czech Republic, which is in line with international recommendations and enables an estimate of productivity. Using the methodology an estimate of the development of education services has been done for the year 2004 and onwards. The forth chapter deals with regional price levels and possibilities of their estimate. The description of the developed methodology as well as estimated price level for 2007 is included in this chapter. Indicators recalculated to the same price level provide quite different view on economic performance and well-being in regions of the Czech Republic.
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System of national accounts and business cycle
Rybáček, Václav ; Zemplinerová, Alena (advisor) ; Šíma, Josef (referee) ; Ondruš, Vítězslav (referee)
Thesis deals with system of national accounts providing information for economic policy institutions. Relation of the system to economic theory is examined with focus on disposable income. We try to answer the question if SNA follows theory originally used for construction the system or if SNA constitutes separated stream of economic theory. Then, crucial concepts of GDP calculation as definition of economic activity, value added concept or concept of derived demand are discussed. Key problem is the relation of GDP to business cycle anylsis, thus, we use alternative indicator of economic activity for analysis of Czech economy.
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Estimate of Capital Services in the Czech Republic
Hudrlíková, Lenka ; Fischer, Jakub (advisor) ; Ondruš, Vítězslav (referee)
This diploma paper discusses the importance of implementation of capital into the system national accounts. The purpose of this work is an estimation of capital services for real data of the Czech Republic. Conducted its own calculation is first such comprehensive estimate of the capital services, which was made. The diploma paper is divided into three parts. In the first part there is a explaination of concept of capital services and the methods of estimation and possible ways of calculating the necessary data. In the second part there is already done my own calculations of estimate of capital services used the methodology recommended by the OECD, but subject to certain adjustments, which are better suited to national conditions. Due to the volume of data all the calculations are listed in the Annex. In the text work is illustrative example of one sector of economic activity and the economy as a whole. The last section deals with experimental estimates of impact of capital services on macroeconomic aggregates, particularly gross domestic product. Other possibilities obtained an estimate of capital services, it is possible to estimate multi-factor productivity. Capital services can be used to express the input of capital.
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