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Analysis of the effects of pension reform in the Czech Republic
Šemberová, Jana ; Czesaný, Slavoj (advisor) ; Ždímal, Martin (referee)
This dissertation studies the impact and consequences of possible retirement plan reforms on subjects in the Czech Republic. The first part focuses on classification of pension systems and fundamentals of the Czech pension system. Second part summarizes major aspects of the retirement plan reform. Changes in the pension system in the process of ageing of the population are highlighted in this section. Following is the fundamental part of the dissertation that will point out possible consequences of the retirement plan reform for the Czech Republic. The conclusion of the dissertation aims to discuss needs of all parties participating on the retirement plan reform and outline an optimal reform plan. This is the conflict point of the interest of the public and those of the government. However, it is a government's responsibily to act on behalf of the citizens and that is the paramount factor of the reform.
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The Impact of the Business Cycle on Beauty Industry
Gregorová, Martina ; Munzi, Tomáš (advisor) ; Czesaný, Slavoj (referee)
This bachelor's thesis analyses a relationship between economic cycle and consumption of products and services of personal care which are used to maintain neat appearance. Firstly, I mention opinions of foreign authors on importance of people's appearance; further, describe GDP theory and theory of demand elasticity. The theoretical part is followed by an analysis of economic cycle in the Czech Republic in a period of 1994 -- 2009. Key producers of beauty products in the Czech market are also described in the next chapter. The analytical part is focused on methodology and beauty industry classification. Finally, I compare consumption of personal care products in a relationship with total consumption, analyze different development of individual product groups and classify those in groups of luxury or neutral goods. Development of GDP, consumption and investments is also described.
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Trends and contexts of development of the energy sector
Novotná, Petra ; Czesaný, Slavoj (advisor) ; Munzi, Tomáš (referee)
The world is nowadays dependent on energies, which become scarcer and scarcer. Petroleum reserves are shrinking and it is necessary to find new suitable substitutes. Energy consumption is increasing and energy crises are threatening the whole world. This caused price increased of all energies. Prices and consumption can decrease because of economic crisis, however when recession is over prices of energies are likely to grow again. Economic crisis can cause energy sources are predominantly located in politically unstable countries and other countries are dependent on them. National strategies on energy sector are therefore crucial. The Czech Republic with other countries consumes more energy than actually needed. Savings on energies are becoming more important. The production and consumption of energies have harmful by-products polluting the environment which is not desirable. Renewable resources are much less harmful to the environment but their consumption is still limited. Big potential could be also in nuclear energy and coal power plants with new technologies. The goal of this paper is to analyse individual indicators of energy sector of the Czech Republic and compare it internationally, set the strengths and weaknesses of this sector.
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Eurozone from the view of OCA theory: conclusion for the Czech Republic
Kovač, Vojtěch ; Czesaný, Slavoj (advisor) ; Rybáček, Václav (referee)
This diploma thesis is concerned with the Robert Mundell's theory of optimum currency area (OCA) and its relation to European monetary union (EMU) or (if you like) Eurozone. The OCA theory belongs to one of the most comprehensive approach to evaluate whether adoption of a common currency by a certain block of countries is beneficial of not. Thus this paper tries to apply OCA theory to the current Eurozone member countries and is focused especially on three main attributes -- the symmetry of economic shocks, the labor market flexibility and the economic integration of international trade between the member states of the euro area. Results of this analysis are then applied to the new member states and the immediate candidate EU member states -- especially to the Czech Republic. The work assesses the feasibility of the OCA theory for classification the candidate countries and their readiness for entering the Eurozone and finally offers alternative criteria by which the readiness for adoption of the Euro should be measured. The text is based on available theoretical and empirical sources supplemented by the author's analyses.
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Regulation of working time - evaluation of public policies
Šenk, Michal ; Czesaný, Slavoj (advisor) ; Štěpánková, Kateřina (referee)
Thesis focuses on concrete examples of social engineering in working time regulation field. Mainly uses econometric measures and models to evaluate agreed and expected goals. In the theoretic part of work are presented concepts, how and why the proper authorities regulate working time, what are costs and benefits of this activity and how academy economics see working time as regulation needed subject. With anticipating existing analysis are further developed authors own econometric model, which is putted in the light of french 35hours working week, effects of maximal obligate working time in European union and tries of german politic garniture, which argue for longer working week as well. Later is presented comparation of results of all the case studies into Czech reality, which is preciselly mentioned and predicted as economic future in case, if Czech arrea addopts similar policies. As starting point is described historical development of life/day time spend by work, are used dates of work productivity, economic reality of chosen countries, before in and after the moment, when they decided for legislative according to driving of working time.
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Vysokoškolské vzdělání - soukromý či veřejný statek?
Sedláková, Simona ; Minárik, Pavol (advisor) ; Czesaný, Slavoj (referee)
Tato bakalářské práce se zabývá charakteristikou statku vysokoškolské vzdělání z pohledu chicagské teorie lidského kapitálu a teorie veřejných a smíšených statků. Zkoumá, jak tyto teorie korespondují s historickým vývojem vysokoškolského systému na českém území. Na základě zjištěných skutečností vyhodnocuje, který teoretický přístup odpovídá realitě a jaká je implikace tohoto přístupu vzhledem k efektivnímu způsobu poskytování a financování vysokoškolského vzdělání.
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Analýza vzájemného vlivu českého akciového trhu a HDP
Špaček, Lukáš ; Halás, Vladimír (advisor) ; Czesaný, Slavoj (referee)
Práce se snaží potvrdit nebo vyvrátit spojitost vývoje indexů na akciových trzích a hrubých domácích produktů. Největší pozornost je věnována indexu PX na českém kapitálovém trhu a českému produktu. Statistická šetření jsou provedena dále pro Spolkovou republiku Německo, Polskou republiku, Maďarskou republiku a Spojené království Velké Británie a Severního Irska. Na základě své studie jsem dospěl k názoru, že index na akciovém trhu v evropských podmínkách, zvláště českých, dobře předpovídá vývoj hospodářského cyklu ve fázi konjunktury. Řekl bych, že roste dokonce rychleji. Ve fázi recese hodnoty indexů neklesají rovnoměrně s HDP, spíše se oscilují okolo hodnoty, na které index byl v počátku recese.
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Inflation targeting in the Czech Republic and selected countries
Tůma, Petr ; Czesaný, Slavoj (advisor) ; Ryvolová, Ivana (referee)
The Czech National Bank adopted an inflation targeting approach after the change rate turmoil in 1997. It went about a new strategy that was known only in a few developed countries. Monetary policy is being realized by directly targeting on its final object (price stability). I analyze the developments of consumer price index, inflation expectations, prognosis of inflation and other economic values, because I determine, if the inflation targeting is a correct alternative for monetary policy in case of Czech Republic, Slovakia and United Kingdom. I can tell that changeover on inflation targeting has being guaranteed a stable economic setting with a low measure of inflation, but results confirm that. This is important for our entrance into monetary union.
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The Great Depression in Germany
Jeřábková, Zdenka ; Czesaný, Slavoj (advisor) ; Potužák, Pavel (referee)
Diplomová práce se věnuje problematice Velké hospodářské krize v Německu. V teoretické části jsou představeny významné teorie hospodářského cyklu. Jsou to teorie keynesiánská, monetaristická a rakouská. Dále pak teorie reálného hospodářského cyklu, nové keynesiánské ekonomie a postkeynesiánství. Práce se v analytické čáati nejprve zabývá možnými příčinami krize a podává přehled o vývoji německé ekonomiky v druhé polovině 20. let. Dále pojednává o průběhu krize a jejích dopadech na celé německé hospodářství. Další část se věnuje hospodářským politikám, jež byly během Velké deprese prováděny. Součástí je i hodnocení hospodářských politik s návazností na uvedené teorie hospodářského cyklu. Poslední část práce se týká nacistické ekonomiky, čtyřletého plánu a dalších opatření nacistické hospodářské politiky.
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