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Antitrust policy and its impact on market participants
Havlíčková, Pavlína ; Hudík, Marek (advisor) ; Čermáková, Klára (referee)
The objective of antitrust policy is to looking after/supervise on fair economic competition leading to price reductions, improving quality and expanding service offerings in the market. But antitrust performs its activities efficiently? Are its decisions under the protection of consumers or for the benefit of producers? Work will focus on the antitrust policy in the United States of America and in the Europe, especially on the merger case General Electric and Honeywell, which has been in the USA allowed, but in the EU prohibited. This work evaluates approaches to the merger on the both sides of Atlantic and arguments of the European Commission, that leads to prohibition. Finally, the work compares the US and the EU antitrust policy and mentions their USEU Merger Working Group, which should ensure higher cooperation, when they simultaneously review the same merger transaction.
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Correlation of the economic growth and consumption in the Czech Republic
Škorpil, Marek ; Čermáková, Klára (advisor) ; Mirvald, Michal (referee)
The topic of this work is the correlation of the economic growth and final consumption of households in the Czech Republic during the years 2000 - 2008. This work is concerned with the creation of income and consequent consumer behaviour of households. At the dawn of this period is possible to observe ambiguous trend of average propensity to consume (save) but from the 2004 the average propensity to consume (save) has declined (grown). The aim was to confirm the thesis that household derives its consumption not only from the income level, but also from the nominal interest rates. The presumption was not proved probably due to incorrect specification of the model. In this work, the relation between consumption and GDP is not tested directly, but by using the disposable income. On the basis of the successful testing of dependence between particular variables, this work tries to create a model of consumption dependent on the GDP and disposable income. Due to high collinearity between the independent variables, the presumption wasn't confirmed.
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Pension reform in ČR
Wachal, Ondřej ; Skopeček, Jan (advisor) ; Čermáková, Klára (referee)
My bachelor thesis is analyzing the current retirement system in The Czech republic. I attempt to analyze and examine its main problems, and to decide whether the system is sustainable concerning above all the demographic development in this country. The paper also suggests several alternative ways of financing retirement and it evaluates their applicability in the conditions of The Czech republic. The analysis of the specific retirement reform system proposed by the current government of The Czech republic follows. I also outline several different scenarios which could be implemented in case the suggested reform would not be carried out. The main goal of my bachelor thesis is to answer the question, whether a reform of the current retirement system is inevitable, together with presenting alternative ways to solve the problem of retirement system reform. The conslusion of my final paper consists of analysis of these alternative solutions and a suggestion of the most appropriate one for the conditions of The Czech republic.
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