National Repository of Grey Literature 228 records found  1 - 10nextend  jump to record: Search took 0.01 seconds. 
Comparison of criminal behaviour development in the CR with trends in rich countries
Pokorný, Petr ; Cahlík, Tomáš (advisor) ; Polák, Petr (referee)
This bachelor thesis explores crime development in rich countries and compares it with crime development in the Czech Republic. The aim of this bachelor thesis is to statistically verify thoughts discussed in The Economist magazine about the downward trend in crime development in rich countries. In the first part of the thesis, terms related to crime are defined. Subsequently, rich countries are deter- mined. In the second part, the crime development in the rich countries is explored through a fixed effect model estimation of panel data. In the third part, crime de- velopment in the Czech Republic is analyzed by using a simple regression model and an autoregressive model. In the final part of the bachelor thesis, an econometric model analyzes factors that generally affect crime, especially wealth of countries. The arguments about the downward trend in crime development in rich countries are supported by statistical examination. 1
Does Money Guarantee Success in Football?
Milenovský, Martin ; Cahlík, Tomáš (advisor) ; Cingl, Lubomír (referee)
E ciency wages theory says that better-paid workers are more productive. However, in sports it is often neglected as success is still attributed to greater talent, or luck than simply to a higher wage bill. Dealing with the issue of wages in sports is one of the most essential topics of sports economics. In the thesis we confirm that wages are statistically significant in explaining variation in performance in English, German, Czech, and Slovak top football leagues as well as in specific Northern American Major League Soccer. We conclude that the more restrictions and player transfer barriers there are, the smaller the role of wages is in determining performance. Apart from wages we deal also with transfer fees and find out that their role is overestimated by media and in reality their e↵ect is more disruptive than helpful. JEL Classification Z20, Z21, Z22, J30, J31, J39, L83 Keywords football, wages, wage budgets, transfers, pay- performance, professor salaries Author's e-mail Supervisor's e-mail
Is trust in economy neglected unjustly?
Lipták, Michal ; Janotík, Tomáš (advisor) ; Cahlík, Tomáš (referee)
This thesis is seeking theoretical background as well as statistical evidence of links between classical and institutional economy by connecting their typical phenomena, specifically the notion of trust from the theory of transaction costs and the notion of return velocity of money from the quantity theory of money. It proves, that trust in the mainstream economy actually is omitted unjustly, for there is a strong statistical correlation between trust and real, as well as nominal, outcome. This conclusion is notable despite that there was not found any definite empirical evidence that this correlation is caused by effect of trust on return velocity of money. Furthermore, the thesis is attempting to find determinants affecting the level of trust like ethnic and religious disunity of the nation, but attempts to find their effect have failed. Keywords: trust, institutional economy, classical economy, return velocity of money, tribes
Does RIA Really Evaluate Regulatory Impact? The Case of the Czech Republic
Jára, Karel ; Schwarz, Jiří (advisor) ; Cahlík, Tomáš (referee)
Regulatory Impact Assessment/Analysis (RIA) has become a hot topic in the world politics as well as economic research in the last 20 years. Its basic definition as a tool to improve regulatory quality using cost-benefit analysis is viable only in the case when it is properly implemented for all potential sources of regulation, one of which is parliament with its amendments to bills. After summing up basic information about RIA and its history and surveying relevant literature on RIA, this thesis performs a pioneer analysis of the changes in regulatory impact of laws caused by parliamentary amendments. A sample of all laws passed in the Czech Republic in 2010 is studied. The passed amendments to these laws are analysed and it is found that only 3 out of 20 bills with RIA had amendments which made no changes in regulatory impacts of the bill. This supports the conclusion that the RIA implementation should take these amendments into account. Another finding is that circumventing of the RIA system occurs also in the case of non-governmental bills, which are not subject to RIA in the Czech Republic, as 18 of 32 bills without RIA did not have it due to their non-governmental origin.
How Much of the Macroeconomic Variation in Ukraine Originates From External Shocks?
Fedorova, Alona ; Baxa, Jaromír (advisor) ; Cahlík, Tomáš (referee)
iv Abstract In this thesis, we investigate the relative importance of foreign shocks in the Ukrainian economy by estimating a small-scale SVAR model with block exogeneity restriction over the period 2003:2 - 2016:12. We find that external shocks from the EU and Russia account for a significant share of the macroeconomic variation in Ukraine. In particular, external shocks account for up to 97 % of variance in Ukraine's output and 85 % in inflation. Remarkably, foreign monetary policy shocks (both from the EU and Russia) account only for a tiny share of variance in all Ukrainian macro variables. Finally, we show that the inclusion of Russia in the 'foreign' block is important to achieve correct model specification. Without accounting for the effects of the Russian economy, Ukrainian variables over-react to shocks originating from the EU. We conclude that the National Bank of Ukraine should closely track external developments to achieve inflation targets. JEL Classification E52, F41, F42 Keywords vector autoregression, foreign shocks, monetary policy, Ukraine Author's e-mail Supervisor's e-mail
Equlibrium exchange rate : Effect of the degree of competition on the real equlibrium exchange rate - evidence from a panel of exporting companies
Raková, Marie ; Derviz, Alexis (advisor) ; Cahlík, Tomáš (referee)
This thesis analyzes the real equilibrium exchange rate. It consists of two parts. The purpose of the first part is to introduce the main equilibrium exchange rate theories and their empirical results. This part also focuses on the present empirical approaches, which are used by economists for testing the equilibrium exchange rate. The aim of the second part is to analyze the impact of market structure, expressed in degree of competition, on the equilibrium real exchange rate. Here we examine the following questions: What are the causes of misalignment of the real exchange rate? Does it depend on the market structure? And could, under certain degree of competition, be every move of nominal exchange rate assessed as equilibrium? Powered by TCPDF (
Determination of firm boundaries: Influence of regulations and rule of law on firm size
Dočkal, Ondřej ; Cahlík, Tomáš (advisor) ; Schwarz, Jiří (referee)
Study of determinants of firm size is important for policy making and economic theory, because much of economic growth takes place within firms and firms are prevailing form of organisation of production units in modern economies. Theory o↵ers contradictory views on e↵ect of quality of regulations and rule of law on firm size. Better regulatory quality in the environment of post-soviet countries enables firms to become larger. In the case of rule of law, the relationship seems to be rather fragile and of a more complex nature with ambiguous e↵ects, hence the matter re- mains subject of future research. Regulatory quality and rule of law explain only very little part of variations in growth rates of firms. Keywords: firm size determination, quality of regulations, rule of law, industrial organisation Character count: 73 717 Abstrakt Studium determinantů velikosti firem je důležité pro vytváření politik i ekonomickou teorii, protože velká část ekonomického růstu je způsobena růstem existujících firem a firmy jsou převažující formou organizace produkčních jednotek v moderních eko- nomikách. Teorie přináší protichůdné pohledy na vliv kvality regulace a právního státu na velikost firem. V prostředí postsovětských zemí je růst kvality regulace spojený s růstem velikosti...
Assessing language value in the EU: a new approach to a lingering barrier
McFarlin, David ; Cahlík, Tomáš (advisor) ; Hlaváček, Jiří (referee)
The European Union has a significant task in managing the issues which arise from having 23 official languages. Preferences for language are diverse as are abilities. Further despite EU efforts in promoting multilingualism some criticism still prevails. The European Monetary Union is seen through the barriers present to mobility and the realization of a optimum currency area. Data on over 130 countries is presented as well for an index and model of language value. Finally I propose a policy which works within the trilingual intentions of the EU while geared towards the economic incentives language can provide. Powered by TCPDF (

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