|
|
The Key Determinants of Plane Ticket Price Dispersion
Vlčková, Radka ; Kučera, Adam (advisor) ; Čechová, Kristýna (referee)
This thesis examines the plane tickets price development using both descriptive evidence and econometric analysis. The observed phenomenon of rising and falling fares in period close to departure is described and compared with the extensively developed theories, such as demand utilization and stochastic peak load pricing. Studying the fares observed on European routes using descriptive evidence revealed that the airlines accommodate fast to the uncertain demand. In the econometric part, the key factors influencing the price dispersion are determined. The contribution of this thesis is mainly in the econometric approach, as the price fluctuations are measured weekly using the coefficient of variation. This made it possible to compare how the different flight or market characteristics affect price dispersion in different week to departure. It was shown that number of sold seats, the load factor, is the crucial factor.
|
|
|
Spatial Analysis of the Motherhood Wage Gap in the Czech Republic
Vlčková, Radka ; Pertold-Gebicka, Barbara (advisor) ; Šťastná, Lenka (referee)
Using the Czech household microdata, I analyze the regional variations of the motherhood wage gap in the Czech Republic. By this spatial analysis, I aim to detect discrepancies between metropolitan areas and rural localities. Such a study has not yet been carried out in the Czech Republic. Accounting for individual characteristics and working history of employed women, I ob- serve both positive and negative wage gaps but only in several regions. Such findings can be explained by cultural differences, individual self-selection into higher paid jobs or by employers' approach to mothers. For the remaining regions, there is not enough evidence of the motherhood wage gap presence. The hypothesis that in socially excluded localities the wage gap is largest is rejected. Additional examination of the formal childcare provision shows that increase of the kindergartens' occupancy rate significantly decreases salaries of both mothers and childless women. This result is consistent with the previous Czech research. Keywords Motherhood wage gap, Spatial analysis, Czech Republic, Kindergarten JEL classifications D63, J13, R23 1
|
|
|
The Key Determinants of Plane Ticket Price Dispersion
Vlčková, Radka ; Kučera, Adam (advisor) ; Čechová, Kristýna (referee)
This thesis examines the plane tickets price development using both descriptive evidence and econometric analysis. The observed phenomenon of rising and falling fares in period close to departure is described and compared with the extensively developed theories, such as demand utilization and stochastic peak load pricing. Studying the fares observed on European routes using descriptive evidence revealed that the airlines accommodate fast to the uncertain demand. In the econometric part, the key factors influencing the price dispersion are determined. The contribution of this thesis is mainly in the econometric approach, as the price fluctuations are measured weekly using the coefficient of variation. This made it possible to compare how the different flight or market characteristics affect price dispersion in different week to departure. It was shown that number of sold seats, the load factor, is the crucial factor.
|
guest ::
RSS feed.