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Economics of tourism and travel: comparison on Czech and German outbound tourism
Němečková, Eva ; Strielkowski, Wadim (advisor) ; Polyák, Oliver (referee)
The aim of this thesis is to compare tourism flows in two countries, Germany and the Czech Republic. Although there are many articles about tourism demand, almost all of them deal with the case study of just one country and do not engage in intra-country comparison. The first part of the Bachelor thesis introduces the general terms with definitions and statistical classification of tourism demand. The main part of the thesis is dedicated to the econometric research that discovers tourism demand of Germany and the Czech Republic and searches for macroeconomic determinants which may influence the number of outbound holiday trips. The last part summarizes the results that, due to the different living standards in Germany and in the Czech Republic, are interesting and demonstrate that the behaviour of German and Czech tourist varies considerably. JEL Classification A12, C23, L83 Keywords tourism demand, outbound tourism, Germany, The Czech Republic Author's e-mail eva7.nemeckova@seznam.cz Supervisor's e-mail strielkowski@gmail.com
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The Impact of Euro Adoption on Competitiveness: The Comparison of Czech Republic and Slovakia
Polyák, Oliver ; Dědek, Oldřich (advisor) ; Martišková, Monika (referee)
Bibliographic citation POLYÁK, Oliver (2013). The impact of Euro Adoption on Competitiveness: The comparison of Czech Republic and Slovakia. Prague, 2013. 74 p. Rigorous thesis (PhDr.) Charles University in Prague, Faculty of Social Sciences, Institute of Economic Studies. Rigorous thesis supervisor prof. Ing. Oldřich Dědek, CSc. Abstract The present rigorous thesis is focused on the impact of introducing the common European currency on competitiveness of a country. There has been a lot written about the possible effects of euro adoption on economies of the first eurozone participants. The contribution of this thesis is that we explore the impact of euro introduction on competitiveness of Slovakia, in comparison to the Czech Republic which still uses its own national currency. Our findings suggest that most of the analyzed competitiveness indicators evolved largely in parallel in both countries. Positive trade effects brought about by the introduction of the euro are rather moderate - up to 5%. Slovak credit development was more favorable during the crisis, reflecting lower interest rates in eurozone. On the other hand, high contributions to European stabilization funds may hamper Slovak economic growth and negatively influence country's competitiveness in future. Keywords competitiveness, euro adoption,...
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Is it worthy to invest in our own human capital in the Czech Republic?
Čepeláková, Lenka ; Kameníček, Jiří (advisor) ; Polyák, Oliver (referee)
i Title: Is it worthy to invest in our own human capital in the Czech Republic? Author: Lenka Čepeláková Department: Institute of Economic Studies Supervisor: PhDr. Jiří Kameníček, CSc. Supervisor's e-mail address: kameni@fsv.cuni.cz Abstract: The main objective of the thesis is to assess the investment in hu- man capital and its usage for employees and employers. Regarding the economic principles of Gary Becker, the paper tries to prove financial and non-financial benefits resulting from higher education in comparison with basic and secon- dary education. In essence, it analyzes the educational system in the Czech Republic, the theory of investment in human capital, costs and benefits of higher education and it determines the rate of return on education. The reader is supposed to obtain a fundamental orientation concerning this issue, inclu- ding the economic justification of the requirement to reach the highest possible education as a way to succeed on the labor market. Keywords: Human capital, investments, rate of return to investment in edu- cation, wages, higher education Length of the thesis: 85 472 chars.
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Creditor coordination model - discrete case and limit behaviour
Šedek, Jan ; Kalenda, Ondřej (advisor) ; Polyák, Oliver (referee)
This thesis concerns with the theory of global games, in particular its ap- plication to creditor's coordination models. Several variants of these models are introduced throughout the text. All of the variants are based on the as- sumption of the finite number of players. This is rather unusual, because the literature on creditor coordination models mainly builds on the assumption of a continuum of players. We firstly describe the model for two players then we generalize it to the symmetric n-player model. After that, we analyze the limit behavior of n-player symmetric model and show the convergence of the model to the model, which is based on the assumption of a continuum of players. The thesis then deals with the asymmetric models of one big and other small players. An analysis of existence and uniqueness of equilibrium is attached to the solution of the models, where the analysis turns out to be feasible. 1
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The Impact of Euro Adoption on Competitiveness: The Comparison of Czech Republic and Slovakia
Polyák, Oliver ; Dědek, Oldřich (advisor) ; Martišková, Monika (referee)
Bibliographic citation POLYÁK, Oliver (2012). The impact of Euro Adoption on Competitiveness: The comparison of Czech Republic and Slovakia. Prague, 2012. 71 p. Master thesis (Mgr.) Charles University in Prague, Faculty of Social Sciences, Institute of Economic Studies. Master thesis supervisor prof. Ing. Oldřich Dědek, CSc. Abstract The present master's thesis is focused on the impact of introducing the common European currency on competitiveness of a country. There has been a lot written about the possible effects of euro adoption on economies of the first eurozone participants. The contribution of this thesis is that we explore the impact of euro introduction on competitiveness of Slovakia, in comparison to the Czech Republic which still uses its own national currency. Our findings suggest that most of the analyzed competitiveness indicators evolved largely in parallel in both countries. Positive trade effects brought about by the introduction of the euro are rather moderate - up to 5%. Slovak credit development was more favorable during the crisis, reflecting lower interest rates in eurozone. On the other hand, high contributions to European stabilization funds may hamper Slovak economic growth and negatively influence country's competitiveness in future. JEL Classification F14, F15 Keywords...
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