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CZECH CIVIL AIRCRAFT MANUFACTURES AND THEIR POTENTIAL ON EMERGING MARKETS TYPE OF CHINA
Brix, Vojtěch ; Frömmel, Tomáš (advisor) ; Prokop, Jaromír (referee)
In this thesis the author analyses the potential of aircraft manufacturing industry of the Czech Republic on emerging markets. Czech manufacturers have been operating only in two of the main sub-segments of the whole industry. Three main manufacturers were selected based on their revenues and each analysed from the financial, product portfolio, sales, and R&D point of view. The markets were selected applying the rating approach. For the purposes of the selection process a multi-criterial matrix was constructed of eleven parameters and two specific superstructures for each of the segments within the range. In the last part, the economic impact on the Czech Republic was estimated, specifically in terms of the labour market and contribution to the state budget via taxes and foreign trade balance.
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Argumenty Bubliny Vyššího Vzdělání v USA
Kasanová, Barbora ; Chytilová, Helena (advisor) ; Prokop, Jaromír (referee)
Unsustainable business practices coupled with an illusion of the masses plagues the higher education model in the United States today. It used to hold that college was the key to a successful job for fresh graduates. . . . We are in the midst of a speculative bubble composed of inflated expectations about the university system. This paper aims to analyze that there is indeed a speculative bubble of the US Higher Education system. The increased demand for college, skyrocketing tuition and room & board fees, as well as easier access to loans for funding have contributed to the formation of this bubble.
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Economic Development of German Federal States in Regard to their Labor Market in 1990-2010
Parkan, Hubert ; Szobi, Pavel (advisor) ; Prokop, Jaromír (referee)
The ongoing debate around a successful reunification process is dividing Germany, not only geographically but also socio-economically and politically. There have been some remarkable achievements during the reunification, especially during the first years, but the period 1990-2012 has also seen some negative developments. Analysis is based mainly on databases from the German Socio-Economic Panel (GSOEP), as well as other administrative data sources such as the Deutsche Institut for Wirtschaft (DIW). In examining and comparing the roles of demographic changes, productivity, the implementation of active labor market policies (ALMPs), labor participation, unemployment, education, the gender gap, and wage inequality, we analyze the development of the german labor market by its main determinants, in order to conclude whether the German government has succeeded in the reunification of East and West Germany.
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When Austerity Didn’t Work: A Case Study of Greece
Stamatiadis, Andreas ; Chytilová, Helena (advisor) ; Prokop, Jaromír (referee)
The aim of this thesis is to evaluate the austerity measures implemented by Greece during the Eurozone sovereign debt crisis. After providing information on the structural deficiencies of the Greek economy and how they created the crisis and affect economic growth, this thesis provides academic literature and empirical research on the austerity effects on the Greek economy and the Greek people. Furthermore, it criticizes austerity and the fallacies of the IMF, while also debating the Keynesian and supply-side approaches. The results show that albeit remarkable achievements in fiscal consolidation, austerity caused an ongoing recession, while failing to tackle existing structural problems of the Greek economy and increasing regional inequalities and deterioration of the Greek peoples physical and mental health.
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Was the Spanish labour market reform of 2012 successful?
Bondarevska, Anna ; Pekárek, Štěpán (advisor) ; Prokop, Jaromír (referee)
This thesis explores the efficiency of the reforms on the labor market of Spain in 2012. The main goal of this work is to evaluate the effectiveness of undertaken reform against its own objectives. Relevance of this topic is that after the Global Financial Crisis of 2008 many country s economic situation significantly worsened. Searching for the way out of the complicated and undesirable economic situation countries applied new reforms and development plans majority of which didnt contribute into the improvement of country s economy. Concerning this fact it appears extremely important to analyze measures undertaken by Spanish government and its efficiency. To evaluate the effect caused by the reforms I have analyzed long-term results of it its influence on the selected indicators and overall unemployment.
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Can Salary Allocation Affect Winning Percentage In The National Hockey League?
Holeksa, Zachary Thomas ; Chytilová, Helena (advisor) ; Prokop, Jaromír (referee)
The purpose of this paper is to provide insight into the most efficient allocation of salary in the National Hockey League, with respect to the positional groups of forwards, defensemen, and goaltenders. With the hypothesis that the most efficient method by which to allocate salary is disproportional between the three groups, three different regressions are run. The results of the regressions and subsequent tests confirm the hypothesis that teams should perform better if they do not allocate their available salary proportionally. It is found, holding spending on goaltenders constant, that teams should perform better if they invest more in either forwards or defensemen. The results are in support of previous papers, written by Marchand et al. (2007) and Simmons & Berri (2011), that an egalitarian pay system is not ideal.
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How the Syrian immigration will affect the European economy; a short-term and long-term analysis.
Raygada, Sergio ; Potužák, Pavel (advisor) ; Prokop, Jaromír (referee)
The present concern of most member countries in the EU is the short and long term impact of the influx of the Syrian refugees on their economy. The crisis in the Syrian territory has caused citizens to seek refuge and safety in nearby countries, thus creating an imbalance in the micro and macroeconomic activities of the receiving countries.The quality as well as the quantity of labor an economy can access has a direct influence on its GDP growth. An influx of labor to an economy as a result of the massive migration crisis caused by war, if not strategically harnessed and economically managed, could induce economic challenges. The aim of this study is to examine and estimate the economic impact that migrants coming to the EU due to the Syrian civil war will have by doing a regression analysis of immigration on the European Union labor market with variables such as wages, fiscal positions and employment. This research articulates from its findings that this has further augmented economies with available labor, and as a result, inducing an increase in unemployment, wages, and GDP growth.
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Globální letecké aliance: vliv spolupráce na individuální výkon aerolinií
Vasilyev, Mikhail ; Zouhar, Jan (advisor) ; Prokop, Jaromír (referee)
In recent years such constellations, like global aviation alliances were formed and they have been developing a lot. They heavily affect the airline market. Using the data from annual reports of 11 different airlines on operational and financial performances, I run a panel data model. The main objective is to understand the effect of global aviation alliance membership on the performance of airlines - revenue and passenger flow in particular. Using different methods and models, such as fixed effects and first differences based on panel data I was not able to document a significant result. Therefore, I could not conclude that it is either beneficial or not in terms of revenue and amount of passengers for airlines to enter an alliance. However, it is not the only thing to take into account and there is more to be researched in this industry, as well as a possibility to improve this research.
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DETERMINANTS OF THE SHARING ECONOMY EMERGANCE; AN EXPERIMENTAL STUDY
Dahy, Adham Mohamed Wahied ; Miklánek, Tomáš (advisor) ; Prokop, Jaromír (referee)
This thesis explores the emergence of the newest type of economy the sharing economy one of the fastest growing economic phenomena in contemporary times. This thesis cites numerous research papers that encompass the sharing economy alongside other papers in different fields such as marketing and experimental economics. The main goal of this thesis is to disentangle possible channels that may have led to the increase in use of the sharing economy-provided services. To do so, we conducted an experiment using tools provided by the field of experimental economics. In the theoretical part of this thesis the main aim was to broadly explain what the sharing economy is as well as introduce the concepts to be used in the practical part. At the beginning I focus on defining the sharing-economy concept including its many definitions when it first appeared and the three phases that account for its emergence. I then explain the sharing economy concept providing the reason it is gaining worldwide recognition as well the main enablers behind it major companies involved with it the three main systems operating within it and the economics behind it. Finally I explain the many angles associated with its success, such as the concepts of Web 2.0 and P2P. Towards the end of the theoretical part I introduce the concepts that are relevant to the practical part and the experiment including risk-preferences information cascades and peerpressure. The practical part of this thesis focuses on the experiment including methodology designs treatments results etc. In the practical I present the hypothesis and the econometric model used for running the regression in order to test my hypothesis. Lastly I present the outputs I have obtained after running the regression, and comment on their significance and relevance to my hypothesis.
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Crude Oil and its Economic Effects on Russia
Gryzunov, Anton ; Chytilová, Helena (advisor) ; Prokop, Jaromír (referee)
With help of regression analysis it was concluded that there is positive relationship between real GDP and Brent oil price. Also the positive dependence was found between real GDP and both index of industrial production and real personal consumption expenditures. On the other hand the relationship between long-term interest rate and real GDP was negative. Unemployment rate and consumer price index were not significant and had negative dependence with real GDP. The aforementioned hypothesis about the negative relationship between GDP and price of oil was confirmed in line with initial theoretical predictions based on detailed review of Russian economy.
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