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Analysis of the Impact of Minimum Wages of the Labour Market in the Czech Republic
Skalník, Pavel ; Vopátek, Jiří (advisor) ; Komárková, Lenka (referee)
This thesis describes and analyses a current approach towards minimum wage, its historical reasons of application and supposed impact onto the society. There is defined effect on the employer and employee as well as there are being explained particular effects of the socially-protecting and economic-criterial functions both from the theoretical and practical point of view. The main focus is given onto the theoretical concepts of the effects of the minimum wage and other economical indicators in the labour market. The analysis captures the development of timelines since 1993 up to 2015 in a graphical way (graph descriptions) and in a statistical way too (particularly via correlation and regression methods). The results of the statistical tests claim that minimum wage has no statistically significant influence onto the situation in the labour market in the Czech Republic. Supposed theoretical connection between the amount of the minimum wage and unemployment did not prove after all.

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5 Skalník, Petr
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