National Repository of Grey Literature 55 records found  1 - 10nextend  jump to record: Search took 0.01 seconds. 
The influence of distance from the city center on apartments renting prices
Babjaková, Miriam ; Mirvald, Michal (advisor) ; Slaný, Martin (referee)
The thesis examines the influence of a distance of a real estate from the city centre, on renting price of apartments in cities Prague and Brno. In addition, the thesis also assesses influence of other characteristics on renting price of apartments in the given area. The study is based on rental offer of apartments published on a website in February 2017. The data set contains information regarding 73 apartments in Brno and 347 apartments in Prague. On the basis of the regression analysis, the negative influence of distance of a real estate from the city centre on renting price has been demonstrated in both cities. In both cases, the significant influence of building characteristic on the rental price of apartments was found. In Prague, the energy performance of buildings has the strongest influence on the rental price, while in Brno, the condition of the building influences the rental price the most.
Validation of selected economic theories on macroeconomic data for the Czech Republic
Zoul, Lukáš ; Mirvald, Michal (advisor) ; Matula, Miloš (referee)
The main goal of the thesis is to explore selected economical hypotheses through theoretical conception applying macroeconomics data from the Czech Republic. This thesis includes the following hypotheses: budget deficits solved by increasing taxes, compromise between unemployment and inflation, low impact of budget deficits. To verify these hypotheses, there is a comparison with economic theories such as Laffer curve, which has showed that Laffer peak is at the level of 22 % taxation. Other used theory is the Phillips curve where correlation between inflation and unemployment rate is stronger based on yearly data than on monthly data. Theoretical model IS-LM has confirmed that multiplication effect could have caused the positive economic growth in 2010 and 2011. Even if economical hypothesizes are partially correct, they are not recommended for the government to determine their decisions. There are more efficient long-term solutions that can be used to solve challenges of the recent economic situation.
Search of the most suitable method of estimation of output gap for the czech economy
Kloudová, Dana ; Brožová, Dagmar (advisor) ; Mirvald, Michal (referee) ; Lukáš, Ladislav (referee)
By monetary policy decisions, central banks use output gap to keep macroeconomic variables at their natural levels. A substantial disadvantage of this variable is the fact that it is an unobservable variable which is very problematic to measure, although it is possible to estimate it with various methods of estimation. This thesis aims to find the most suitable method of estimation for Czech economy. Thirteen methods have been chosen for this aim: linear trend, quadratic trend, HP filter, band-pass filters, robust trend, univariate unobserved component model, two types of production function, two SVAR models, multivariate HP filter and multivariate unobserved component model. Own estimations have shown that estimated trajectories of unobservable states were not identical. For own selection of the most suitable method of estimation, quantitative (ability to forecast inflation ,a growth of product and data revisions by selected national and international organisations) and qualitative criterions (qualities of methods of estimation, transparency and easy application) have been selected, where emphasis was put on quantitative criterions. Results of this thesis will show that the most suitable method of estimation output gap for Czech economy is multivariate unobserved component model.
The analysis of price elasticity of demand for beer
Hromadníková, Kateřina ; Mirvald, Michal (advisor) ; Babin, Jan (referee)
The thesis analyses price elasticity of beer demand. Hypothesis about inelastic demand is tested first for nationwide level and then on data of specific brewery. Elasticity was determined by regression analysis, specifically by ordinary least squares with all variables expressed in logarithmic form. Consumption of beer is the endogenous variable and price of bottled beer (price of one hectoliter of beer in case of brewery), average gross income and price level are in the role of the exogenous variables. The hypothesis about inelastic demand was successfully proved. Price elasticity estimates range from -0,66 to -0,2. In case of specific brewery price was not significant. On the other hand, average gross income seems to be the significant determinant. According to income elasticity beer seems to be luxury good in case of specific brewery and necessity in case of nationwide level.
The Cause of the economic recessions of the 1970s in the U.S.: Oil shocks, or monetary policy?
Hornát, Filip ; Potužák, Pavel (advisor) ; Mirvald, Michal (referee)
This paper examines the cause of the U.S. economic downturn of the 1970s, which is still widely discussed by economists. In principle, the previous research has led to two possible explanations: an incorrect monetary policy of the Federal reserve and oil shocks. First, the historical context of the oil shocks and the Feds conduct of monetary policy are outlined. Next, arguments of the authors advocating each explanation are presented. An empirical VAR model is estimated for the period 1960-2014 and then for single periods. Based on these estimates, it is evident that the impact of monetary policy and oil shocks has been changing over the observed period. The author comes to a conclusion that the first oil shock could have caused the subsequent economic downturn. However, monetary policy seems to have caused the downturns after the second oil shock.
Analysis of the impact of financial crisis on credit rating agencies
Matuška, Jakub ; Mirvald, Michal (advisor) ; Babin, Jan (referee)
The objective of this work is to analyze the effects of financial crisis on the development of selected economical indicators of Credit Rating Agency. The suggested influence was analyzed using parametric tests of financial indicators EBT, ROA, ROE, number of employees and share of assets on liabilities using their mean value and spread during years 2005-2014. Data and information used to interpret there indicators were acquired from annual reports of each company and analytical server YCharts. A significant part of this work is a summary of causes of financial crisis, which, amongst other factors, include the behavior of Credit Rating Agencies.
The Analysis of the Relationship between Inflation and Unemployment in the UK in the Second Half of the 20th Century
Veverka, Jaroslav ; Mirvald, Michal (advisor) ; Rod, Aleš (referee)
The main goal of this thesis is to analyse the mutual relationship between the inflation rate and the rate of unemployment in the United Kingdom on quarterly based data 1962-1967. At first this thesis introduces papers and empirical studies of some important authors who formed the concept of Phillips curve. Furthermore, there are described also studies which criticize this macroeconomic concept. Within the regression analysis is researched the mutual relationship with aid of the linear, hyperbolical and the logarithmic regression model. The result of this thesis has confirmed the mutual inverse relationship between the inflation rate and the rate of unemployment in the analysed period of time which implies the existence of the Samuelson-Solow modification of the Phillips curve in the United Kingdom in 1962-1967.
Analysis of the Impact of Common Currency on the International Trade within the Member Countries of the European Union
Křapáček, Tomáš ; Chytilová, Helena (advisor) ; Mirvald, Michal (referee)
The aim of this thesis is to confirm and consequently quantify the impact of common currency on the size of bilateral trade flows within the member countries of the European Union with the help of gravity model of international trade. The hypothesis of anticipated positive effect was confirmed, whereas performed regression analysis has provided constant estimations of impact of the euro on the size of international trade, which - assuming ceteris paribus - ranged in the interval from 13.6 to 16.3%. Data set tracked the flow of goods of 378 business partners in the period between 2001-2014 providing a very detailed analysis in this specific area, which, according to my knowledge, is missing in the current EU space. At the same time the so-called Lindner's hypothesis was confirmed. This hypothesis together with a new theory of trade helped to identify a model that speaks in favor of monopolistic competition and exchanges with differentiated products.
Factors Affecting the University Choice in the Czech Republic
Macháček, Jan ; Brožová, Dagmar (advisor) ; Mirvald, Michal (referee)
This thesis examines monetary and non-monetary gains from university education and its effect on varying demand for education. It distinguishes individual faculties of public universities. Compared to related papers this study encompasses a wider dataset as well as the number of non-monetary gains. Presumably, it is the first study of its kind applied to the labour market and the educational system of the Czech Republic. The main source of data is the REFLEX 2013 survey, which provides statistics of the graduates´ employability and their social status. On its basis regression models at various time levels were drafted. The hypothesis that the unemployment of graduates has a negative effect on the demand for their field of study as well as the hypothesis about the lagged relationship between dependent and independent variables have been proved. Nevertheless, compared to some US studies the positive influence of the graduates´ salary has not been proved in any regression model.
Analysis of smoking regulations in Australia and the Czech Republic
Dokulilová, Markéta ; Mirvald, Michal (advisor) ; Babin, Jan (referee)
The main goal of this thesis is to analyze the effectiveness of state smoking regulations and its impact on the consumer behaviour in Australia and the Czech Republic. The thesis describes all established and possible government mechanisms in reducing smoking in detail and indicates future development of those tools as well. Furthermore, there is a theoretical explanation of a consumer reaction to different types of regulations based on a theory of rational addiction (Becker, Murphy, 1988). The question of the effectiveness of regulations and their impact on consumer behaviour in Australia and the Czech Republic was examined by using a questionnaire survey. The results of the thesis have confirmed that the price was not the most effective way of regulating smoking in both countries. On the contrary, smoking bans in public places have been identified as the tool with the strongest impact on reducing smoking. Australia and the Czech Republic both slightly differs in reactions on the smoking regulations, but the main conclusions of the thesis are similar in both countries.

National Repository of Grey Literature : 55 records found   1 - 10nextend  jump to record:
Interested in being notified about new results for this query?
Subscribe to the RSS feed.