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Validation of selected economic theories on macroeconomic data for the Czech Republic
Zoul, Lukáš
;
Mirvald, Michal
(advisor) ;
Matula, Miloš
(referee)
The main goal of the thesis is to explore selected economical hypotheses through theoretical conception applying macroeconomics data from the Czech Republic. This thesis includes the following hypotheses: budget deficits solved by increasing taxes, compromise between unemployment and inflation, low impact of budget deficits. To verify these hypotheses, there is a comparison with economic theories such as Laffer curve, which has showed that Laffer peak is at the level of 22 % taxation. Other used theory is the Phillips curve where correlation between inflation and unemployment rate is stronger based on yearly data than on monthly data. Theoretical model IS-LM has confirmed that multiplication effect could have caused the positive economic growth in 2010 and 2011. Even if economical hypothesizes are partially correct, they are not recommended for the government to determine their decisions. There are more efficient long-term solutions that can be used to solve challenges of the recent economic situation.
Detailed record
Are policies more lawyers than physicians?
Zoul, Lukáš
;
Svoboda, Miroslav
(advisor) ;
Klesla, Arnošt
(referee)
The topic of this work tries to answer the question whether the policies are lawyers more than physicians. At the beginning of the thesis there is defined the concept of corruption and various kinds of corruption. The following part is the separation of previous professions of MPs into three groups: a lawyer, a doctor and non-inclusion. The next section discusses the empirical testing via time lines and regression analysis. Time lines have pointed to a growing share of the group Profession lawyer in the House of Deputies of the Czech Republic. I confirmed a significant effect of prior profession type lawyer on total income MP with regression analysis. Regression analysis is unfortunately very low informative value due to the low value of R2.
Detailed record
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