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The influence of labour market rigidity level on unemployment in selected EU countries in 2014 and 2015
Soustružník, Tomáš ; Vostrovská, Zdenka (advisor) ; Hájek, Jan (referee)
This thesis analyzes the impact of labour market rigidity on long-term and youth unemployment in the Czech Republic, France and Great Britain over the last 15 months. A regulation becomes an integral part of the labour market, since its primary objective is to protect the rights of employees and employers, thereby it leads to dampening the speed of adaptation to market changes. The thesis provides a comparison of Labour Codes, including the assessement of other factors affecting labour market flexibility. The facts are subsequently applied to the development of unemployment rates in all three countries. Combining data analysis and theoretical research, I reached the conclusion that the relation between rigidity level and unemployment rate is negative. This means that the more rigid labour market is the higher long-term and youth unemployment causes.
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Comparative analysis of the foster care system in the Czech Republic and Denmark in 2015
Stloukalová, Soňa ; Prachař, Ondřej (advisor) ; Hájek, Jan (referee)
The subject of this bachelor thesis is to analyze the system of foster care in the Czech Republic and identify areas for potential improvement on the basis of comparison with the foster care system in Denmark. Firstly, this thesis deals with the historical development of foster care systems in mentioned countries and their social background. Furthermore, this thesis compares systems of foster care in several aspects. Comparison shows that there is more power left to the non-state actors in the area of foster care in Denmark. Denmark also has more types of foster care and spends more money on this area. Denmark, in comparison with the Czech Republic is characterized by individual approach in determining the level of foster care and greater variability of individual contributions. Based on this comparison there are suggested improvements for the Czech Republic.
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Tax Harmonization in the European Union countries in the years 1990 - 2014
Havránková, Kamila ; Štěpánek, Pavel (advisor) ; Hájek, Jan (referee)
Tax policy and tax harmonization in the European Union countries are sensitive topics, both economically as well as politically. The main objective of this thesis is to analyze the process of tax harmonization in the European Union with focus on the period from 1990 to the present and on the basis of the analysis to draw conclusions about the overall success of the harmonization. The theoretical part is dealing with tax theory, concepts of tax competition, coordination and harmonization and their impact on the economy. It is also concerning with tax policy in the European Union, its fields, goals and the legal framework. Tax harmonization in the European Union countries is analyzed in the analytical part, which is divided into two parts; the first is dealing with the process of harmonization of indirect taxes and the other with direct taxes. Both analyzes are used to draw conclusions about the success of tax harmonization and also the impacts of harmonization on the tax system in the Czech Republic.
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Pension reform in the Czech republic and its approach focused on second pillar
Dvořáková, Monika ; Poláková, Olga (advisor) ; Hájek, Jan (referee)
My diploma dissertation concerns the theoretical introduction of the retirement system, economic theories and the cause of the retirement reform in the first part. The second part represents the analysis of so-called small retirement reform and is focused on the retirement system since the beginning in 2013 with the accent to newly established retirement saving. The aim of my diploma dissertation is the evaluation of the existing functioning of the second pillar and the reasons of the low interest of the inhabitants. The comparison with the chosen states where the retirement saving already operates is a part of the second pillar analysis. Slovakia and Hungary are the European representatives with the similar schema of the retirement system and Chilean system is based on the fund financing. The opinion of the population was checked with the questioning. The pivotal part of my diploma dissertation and its main goal is the analysis of the second pillar accession availability from the age, income, family situation, investment strategy point of view and other criteria. The strategy with the low earning is suitable for the higher incomes only as resulted from the calculation. The more aggressive investment strategy with higher earning is convenient for the younger people with lower income and the older the more suitable access contingent on the higher income. As there is no interest in the second pillar participation the goal of my diploma dissertation is the proposal of alternative methods as investment or saving products of the bank institution for the old age security.
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Securitization and her role in current financial crisis
Bísková, Hana ; Jílek, Josef (advisor) ; Hájek, Jan (referee)
Securitization has been one of the most important causes of recent financial crisis. Diploma thesis characterizes subprime mortgage securitization with the emphasis on entities in the process involved and their motivations for securitization use. The thesis describes the most used securitized assets with the emphasis on risks arising from their characteristics. The thesis also clarifies negatives associated with securitization especially moral hazard, asymmetric information on the market and decline in lending standards and that securitization lead to failure of rating agencies evaluation. Thesis connects cheap money policy with increase demand for mortgages that have been securitized afterword and with losses of investors into securitized assets.
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Resurrection of the so-called Tobin tax. What are the intended unintended and the unintended unintended consequences of financial transaction tax?
Švec, Marek ; Mládek, Josef (advisor) ; Hájek, Jan (referee)
In recent times some economists and politicians in the context of financial crisis dusted off again the idea of introducing the so-called Tobin tax, or financial transaction tax (FTT), respectively. This thesis briefly reviews the existing literature on FTT. Two case studies of Sweden and Great Britain show in some respects two different experiences with FTT. The theses analyzes in detail the economic implications of the European Commission proposed FTT from the perspective of economic theory and economic policy. Partial conclusions of the thesis reveal some drawbacks and pitfalls of FTT. While the benefits of FTT remain rather controversial. The theses therefore concludes that FTT is not due to the severity of its impacts appropriate economic measure.
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Financial analysis of König-Porzellan Sokolov Ltd.
Hájek, Jan ; Klečka, Jiří (advisor) ; Habrnal, Marek (referee)
The main aim of bachelor thesis Financial analysis of the König-Porzellan Sokolov Ltd. is to assess the financial situation of this company. The work looks at the development of the company's management during 2007 - 2012. The effort will be given to the decisions-making steps from the position of the owner in which direction to follow now. The main focus of the work is divided into three basic parts, namely the theoretical part, practical part and conclusion. The theoretical section explains the various calculations of the indicators, analyzes and methods. In the practical part are described results of the analysis, including as a key elements in this work absolute indicators, optimizing financial structure, economic standard ratios, decay current liquidity, DuPont analysis, differential indicators, value and bankruptcy models and inter-company comparisons. The final section will summarize key positive and negative results of the analysis, personal opinions and advice for improvements for the future continuation on the market.
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Identification of Products of Tetrapyrrole Pathway
HÁJEK, Jan
Cultivation of a model cyanobacterium Synechocystis PCC 6803 under low light conditions in the presence of glucose and TES buffer leads to a change of the medium color from colorless to yellow. The absorption spectrum of the excreted unknown compound indicated a possible relationship to plant chlorophyll degradation products. To confirm this speculation the compound was purified by a combination of solid phase extraction and HPLC. The mass and NMR characteristics excluded its close relationship to modified tetrapyrroles, nevertheless the precise structure could not be determined by these means due to a complicated nature of the compound and its high polarity.
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