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Assessing the Impact of Fiscal Measures on the Czech Economy
Ambriško, Róbert ; Babecký, Jan ; Ryšánek, Jakub ; Valenta, Vilém
We build a satellite DSGE model to investigate the transmission of fiscal policy to the real economy in the Czech Republic. Our model shares features of the Czech National Bank’s current g3 forecasting model (Andrle, Hl´edik, Kamen´ık, and Vlˇcek, 2009), but contains a more comprehensive fiscal sector. Crucial fiscal parameters, related mainly to the specified fiscal rule, are estimated using Bayesian techniques. We calculate a set of fiscal multipliers for individual revenue and expenditure items of the government budget. We find that the largest real GDP fiscal multipliers in the first year are associated with government investment (0.4) and social security contributions paid by employers (0.3), followed by government consumption (0.2).
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Value ranking of Children in Children's Home in Radenín.
HORŇÁČKOVÁ, Marta
My thesis focuses on what values are preferred by children in a children's home, what relationships between values arise, and how values interact. The domain of value orientations, value and attitude preferences must be monitored for a better understanding of the people who surround us, with whom we work, of whom we take care, and also whom we bring up The theoretical part of the thesis, its individual chapters, focuses on the theoretical background of the issue of values and value orientations, as well as on foster upbringing and the characteristics of facilities for institutional upbringing. The first chapter characterizes what foster upbringing of children is, what forms of foster upbringing may be used, and what facilities are legally defined for institutional upbringing. The reasons why institutional upbringing is ordered by courts are analyzed in detail. The second chapter focuses on a children's home as a specific facility for institutional upbringing. Specifically, the Children's Home in Radenín is introduced that was chosen for the research part of the thesis. The definitions of terms relating to values and value orientations, attitudes, interests and motivation are presented in the third chapter. More specifically, the kinds of values, whose characteristics can be found in expert literature, are described. The fourth chapter clarifies what factors operate, influence and shape our value orientation as well as individual values, which become an important part of everyone's lives. Of some interest were also the roles played in this shaping by the school, family, peers but also the media. The empirical part of the thesis defines the objective, during whose accomplishment the basic life values of the children the Children's Home in Radenín were investigated and subsequently analyzed. In line with the objective, a research question was formulates; it was as follows: What life values are preferred by the children in the Children's Home in Radenín? The research was intended to find out what values are recognized and preferred by children who do not grow in their primary families, whose effects are considered as cornerstones in building value orientations of children. Of major interest were the analyses of interrelationships of individual values, interpenetration, and interactions and preferences of these values in children. The benefit of the thesis can be seen in the use of its results in everyday work of educators working with children in children's homes

Analysis of logistics in freight transport technologies
VÁCHOVÁ, Monika
Bachelor thesis deals with the analysis individual technologies applied in logistics trucking transport.The thesis is focused on the information and satellite technologies. In terms of information technology were introduced various systems used in business ČSAD JIHOTRANS and then made a comparison. In terms of satellite technology was introduced control , navigation and tracking systems used in this enterprise. The next part dealt with freight and construct a calculation I estimate the cost of freight vehicles. Based on the estimates were submitted its own proposals for improvement.

European research policy and its impact on financial management of universities
Chvojková, Lenka ; Neumann, Pavel (advisor) ; Němcová, Ingeborg (referee) ; Janíček, Ladislav (referee) ; Neuvirtová, Karolína (referee)
The thesis focuses on theoretical and empirical analysis of the EU research policy and its impacts. The aim of the thesis is to evaluate effects of this policy on the financial management of universities, or more precisely the impact of financial rules defined by the European Commission (EC) in the 7th Framework Programme (FP7) on the development of full cost methodologies at universities in the EU27. The thesis also analyzes the process of the preparation of the new FP8 HORIZON 2020 financial rules and asses if feedback and needs of participating universities are reflected and thus principles of European good governance are applied. In order to meet its goals, the thesis states three hypotheses: Hypothesis 1: Universities from the EU27 that participate in FP7 develop full cost methodologies. Hypothesis 2: EC requirements in FP7 are one of the main drivers to implement full cost methodologies for universities form EU27. Hypothesis 3: Universities from the EU27 communicate development of their full cost methodologies with the EC. The thesis is organized into four chapters. The first one characterizes the concept of European good governance and one of its instruments, i.e. policy evaluation and its use in the thesis (including the analysis of performed questionnaire research). Second chapter defines the term of financial management and its use in the thesis. Third chapter describes the EU research policy, its historical development, main instruments (FPs), role of European institutions and attitude to full costing. The last forth chapter analyzes in details experience of universities form EU27 with development of full cost methodologies. Within its conclusions, the thesis proves that the EU research policy significantly influences the financial management of universities from EU27 and implementation of full cost methodologies by them. It is inter alia proved, that 70 % of universities from the EU27 that do not implement full costing in FP7 yet plan to introduce such methodologies in the future; that FP7 financial rules are drivers to implement full cost methodologies for almost 2/3 universities from the EU27 participating in FP7 and that 3/4 of universities form EU27 applying full costing in FP7 consulted on their methodologies with the EC. All three hypotheses thus were verified. Nevertheless, it was concluded that principles of European good governance are not satisfactory applied by the EC, because it does not support the use of full costing in HORIZON 2020 anymore.

Experiential learning and interactive training projects in impact on pupils in younger school age.
KALMUSOVÁ, Ivona
The work addresses the importance of learning by experience for the development of education in elementary school pupils. The theoretical part of the work analyzes the current situation in the Czech education system, the directions of innovation efforts, and focuses on other opportunities and challenges that come together with modernization of the Czech education. The research primarily pursues an analysis of teachers' view to benefits of interactive educational projects - i.e. their objectives, focus, content and concept of events - in this particular case, interactive exhibits which complement the current system of education. It simultaneously monitors the activity and awareness of questioned teachers in the area of non-traditional methods of education.

Funding opportunities for higher education
Kouřilová, Monika ; Radová, Jarmila (advisor) ; Půlpánová, Stanislava (referee)
The purpose of this bachelor work is to present the Czech higher education which is divided to public, private and state universities. There are discussed the costs associated with studies and possible introduction of special fees for studying. Second part is devoted to issue of upcoming changes in the Higher Education Act and there are also presenting the changes which will be held in the future. The third part is the most important because there is a comparison of credit products, especially loans, overdrafts and credit cards that banks offer to student to finance their studies.

Early warning indicators of economic crises: evidence from a panel of 40 developed countries
Babecký, Jan ; Havránek, Tomáš ; Matějů, Jakub ; Rusnák, Marek ; Šmídková, Kateřina ; Vašíček, Bořek
Using a panel of 40 EU and OECD countries for the period 1970–2010 writers construct an early warning system. The system consists of a discrete and a continuous model. In the discrete model, they collect an extensive database of various types of economic crises called CDEC 40-40 and examine potential leading indicators. In the continuous model, they construct an index of real crisis incidence as the response variable.
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Does money help predict inflation?: an empirical assessment for central Europe
Horváth, Roman ; Komárek, Luboš ; Rozsypal, Filip
This paper investigates the predictive ability of money for future inflation in the Czech Republic, Hungary, Poland, and Slovakia. Writers construct monetary indicators similar to those the ECB regularly uses for monetary analysis.
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The Effect of oil price shocks on the Czech economy
Dybczak, Kamil ; Voňka, David ; Windt, Nico van der
Analyzing the available data writers can conclude that notwithstanding the full dependence of the Czech economy on oil imports, its overall dependence on imported energy sources is relatively low. Compared to the EU15 level the energy intensity of the Czech economy is quite high.
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