National Repository of Grey Literature 114 records found  1 - 10nextend  jump to record: Search took 0.00 seconds. 
Drivers of Income Inequality in China
Chen, Xiao ; Kolář, Daniel (advisor) ; Semerák, Vilém (referee)
This thesis uses an empirical approach to examine the drivers of income inequality in China, assuming income inequality to be a linear function of logarithmic per capita income, the educational inequality as well as the percentage of population below secondary, completing secondary, and completing tertiary education. It suggests that growing income inequality is correlated to rising per capita income and educational inequality, utilizing a micro survey data set of 25 provinces from 2010 to 2016 with a one-year gap using the static fixed effects and random effects estimators, as well as a dynamic generalized method of moments estimator. In contrast, the percentage of population completing secondary education has a negative effect. The weighting factors ensure that the data set is representative, and robust and sensitivity tests are applied. The comparison of the EU and China's results shows the features of developed and emerging economies. Keywords Income inequality, Educational inequality, Educational completion, CFPS, Panel data, Weighting factor, Fixed effects, Random effects, GMM-DIFF, GMM-SYS Title Drivers of Income Inequality in China
Determining the influence on trust in society in West and East Germany: historical institutional differences, shock of reunification, or shock of the aftermath?
Montanaro, Magdalena ; Semerák, Vilém (advisor) ; Jeřábek, Martin (referee)
The aim of this thesis is to determine the strongest factor influencing the difference in trust levels in East and West Germany, and to explore the extent of influence institutions have on societal values using Germany as a natural experiment. The three main factors which literature hypothesize include historical institutional differences, shock of reunification, and shock of the aftermath of reunification. The common belief following reunification of Germany is that Communism affected East Germany's values including trust, while the other two hypotheses grew in popularity in more recent years. The objective of this thesis is fulfilled through the survey of relevant literature on trust in Germany, finding that the shock of the aftermath of unification is the strongest explanation for lower trust levels in Germany. Key Words: reunification, Germany, trust
Does Aid Lead to More Trade? Evidence of the Effect of US Aid on its Exports
Schütz, Anna ; Paulus, Michal (advisor) ; Semerák, Vilém (referee)
This thesis investigates the effect of US development aid on US exports to 134 recipient countries over the time period 1993 to 2015 with an application of the gravity model of international trade. Estimates of one-way panel dataset, specified by a dummy approach and estimated with OLS and PPML, suggest that for every aid dollar spent by the United States, US exports significantly increase by 1.59 US dollar. By lagging the aid variable for several years after disbursement, we find a declining effect of US aid on US exports, which indicates that tied aid is an important channel of the effect's magnitude. The effect does not vary systematically across income groups. Yet for geographical regions with a higher US export share, the impact of US aid on US exports is significantly larger suggesting that existing trading relations contribute to a larger effect of aid on donor's exports. The evidence shows that US aid increases US exports and reinforces economic relations with recipient countries and, thus, can be regarded as an important motive for the donor to provide development aid.
Repealing NAFTA: The impact on international trade with focus on Mexico
Kolář, Daniel ; Semerák, Vilém (advisor) ; Cazachevici, Alina (referee)
The North American Free Trade Agreement came into force in 1994 after long and emotive discussions. When Donald Trump became the US president in 2016, its future became uncertain, which motivates this paper to attempt to quantify the impact of its repeal. To do that, it uses a standard GTAP general equilibrium model and models an increase of intra-NAFTA tariffs to the derived MFN rates. It finds that NAFTA repeal would notably reduce intra-NAFTA trade and have a modest but negative impact on countries' welfare. NAFTA repeal is estimated to decrease Canadian GDP by 0.48%, US GDP by 0.39% and Mexican GDP by 0.06%. It would severely damage US-Mexico value chains and increase income inequality in Mexico by hurting unskilled workers more. Additional simulations are performed to control for variation in sectoral MFN rates and to observe the sensitivity of results to the choice of closure. The only positive of NAFTA repeal is that it might mitigate regional economic disparities in Mexico by damaging sectors concentrating their production near the US-Mexico border. 1
The Czech Republic's Participation in the Association Agreement between the European Union and Central America and its Policy Implications
Morales Interiano, Andrés ; Vacek, Pavel (advisor) ; Semerák, Vilém (referee) ; Figueira, Filipa (referee)
University College London - School of Slavonic and East European Studies Univerzita Karlova v Praze - Charles University in Prague - Faculty of Social Sciences International Masters in Economy, State & Society - Economics and Business Andrés Morales Interiano UCL Student Number: 14082525 The Czech Republic's Participation in the Association Agreement between the European Union and Central America and its Policy Implications Master's Thesis Supervisors: Dr Filipa Figueira (UCL) and Dr Pavel Vacek (Charles University) 20 May 2016 - Prague, Czech Republic Abstract: Preferential Trade Agreements have become evermore popular in the worldwide market economy and have raised much interest in academics and policy-makers alike. This paper studies the participation that the Czech Republic had in the Association Agreement between the European Union and Central America during the pre- negotiation and negotiation rounds, and the effects that it brought to the Czech Republic's trade policies and trade flow with the mentioned region. It focuses on a qualitative approach of the Political Economy of Regionalism and liberal perspective to explain how the Czech Republic participated in this agreement previous to its signature in 2012 and views some of the consequences it has caused after its provisional application. It finds...
Observing the Effects of CAFTA on Trade Using the Gravity Model of Trade
Škreb, Jan ; Paulus, Michal (advisor) ; Semerák, Vilém (referee)
This thesis aims to analyse the effects of the Central America Free Trade Agreement on trade using the gravity model. The principal actors of interest are the United States of America and Central American countries combined with Dominican Republic as the other regional actor. Panel data was used with 153 countries for the period of 1995-2015. The model was specified using the dummy approach and estimated with OLS and PPML estimators to obtain results on effects of trade policy variables on exports. Estimates show mixed results but the general effect of CAFTA on exports is positive and significant. This trade creation effect makes CAFTA an important trade agreement for economic relations between member countries.
Trade and Politics: Political Determinants of International Trade Flows
Sosnovec, Jan ; Semerák, Vilém (advisor) ; Paulus, Michal (referee)
Charles University in Prague Faculty of Social Sciences Institute of Economic Studies Master's thesis Trade and Politics: Political Determinants of International Trade Flows Author: Bc. Jan Sosnovec Supervisor: Ing. Vilém Semerák, M.A., Ph.D. January 3, 2018 Abstract This thesis takes a comprehensive look at the relationship between international trade and politics. The first part of this thesis is theoretical. Besides providing a useful overview of this highly complex subject, it makes a contribution to the contemporary theory by proposing two simple models. The first of these models explains how because of complementarity of institutions, countries end up stuck with inefficient institutions and consequently high trade costs; countries can break out of this inefficient equilibrium only by coordinating their actions. The second proposed model shows how governments set trade barriers in order to pursue their political aims, while at the same time staying popular in order to remain in power. This model is consistent with a wide variety of regime types and ideologies, and takes into account voter heterogeneity. The second part of this thesis is empirical. It uses the gravity model of trade, with multilateral resistance terms represented either by fixed effects or by the Baier-Bergstrand linear approximation of...

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2 Semerák, Vojtěch
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