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National Repository of Grey Literature 2 records found  Search took 0.00 seconds. 
Do state interventions within the labour market lead to a better results?
 Kremín, Jan ; Vostrovská, Zdenka (advisor) ; Nohál, Martin (referee)
This diploma thesis deals with two state interventions within the labour market. The first intervention focuses on minimum wage. Most economists purport that the high ratio of minimum wage to average wage leads to a higher rate of unemployment amongst younger people (15 -- 24). This thesis analyses this issue in countries that are involved in the Organisation for Economic Co-operation and Development ("OECD countries"). The results differ between countries; however, it can generally be said that the high ratio of minimum wage to average wage leads to a higher rate of employment amongst younger people than between members of other analysed age groups. The second intervention focuses on the "pay as you go" pension system ("PAYG") as compared with a fully funded plan. This thesis compares the two major pension systems with the aim of determining which plan is more profitable. In the Czech Republic, between the years of 1995 and 2012, the fully funded plan was more profitable in eight of the nine pension funds analysed. Future estimations are dependent on population fluctuations and technological progress within the Czech Republic.
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Is work for minimum wage in present system of social benefits in the Czech republic paid off?
 Kremín, Jan ; Vostrovská, Zdenka (advisor) ; Chalupníček, Pavel (referee)
This bachelor work deals with the question if it is suitable to work for minimum wage in present welfare system in the Czech republic. There is introduced relationship between the minimum wage and unemployment, inflation and technical substitution. It is shown the Czech welfare system as well. The analytical part shows one person and a family with three children concentrated on their income in the case the adults work for the lowest wage in comparison to getting unemployment benefit. To sum up the income of a person and a family is the same even if they work or they are at home and get social welfares. The government guarantees the minimum amount of money for living. Unfortunately solution is not simple. The increase of minimum wage would probably lead to the increase of unemployment and inflation, on the other hand the decrease of social welfare would be impossible owing to programmes of the political parties. That's why it is important to combat against illegal work.
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See also: similar author names
1 Kremín, Jaroslav
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