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Relation between Economic Situation and Political Stability
JAKLOVÁ, Kamila
The political parties use the economic situation of the state as one of their arguments in their electoral strategy. The aim of the thesis is to depict the impact of the economic situation in selected European countries on voters' decision making. Selected economic indicators, such as gross domestic product, unemployment, inflation, tax on personal income, balance of trade and debt are compared with the impact on voters' decision making in these countries with the application of Logistic Regression. This method determines the degree of impact of individual economic indicators on the political stability of selected countries. The data used in this work are based on the publicly available database of the Organization for Economic Cooperation and Development in years 2007-2017. The result of the analysis determines appropriate economic indicators for political election strategies.
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Impact of Potential EU Membership on Economy of Ukraine
Jascuk, Milana ; Cahlík, Tomáš (advisor) ; Šťastná, Lenka (referee)
Recently the topic of the future of Ukrainian economy has been attracting great attention among economists and politicians. The way how it should develop is widely discussed on the international arena. Economists and politicians cannot reach an agreement to which direction it is better to move for Ukraine. Nowadays a lot of special institutions has been created on both sides: in Ukraine and in Europe. The main goal of those is to control all the processes of transformation to be transparent on all levels; as well as prevent unlikely events. Of course, there are proponents and opponents of the moving to the free trade with the EU as for every global process. Among the young generation it is very clear, that possibilities, which gives us European Union are much more valuable and gainful. Even now, majority of students, researchers seek to apply their knowledge or gain some knowledge in European countries. I try to determine potential impact on Economy of Ukraine assuming integration to European Union. It is very important to consider both threats and benefits of such processes as they are taking place on very high level. Therefor in this work I will consider both contours of development for Economy of Ukraine. To explore it I have applied the synthetic control method, which gives us opportunity to...
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Impact of Potential EU Membership on Economy of Ukraine
Jascuk, Milana ; Cahlík, Tomáš (advisor) ; Baxa, Jaromír (referee)
Recently the topic of the future of Ukrainian economy has been attracting great attention among economists and politicians. The way how it should develop is widely discussed on the international arena. Economists and politicians cannot reach an agreement to which direction it is better to move for Ukraine. Nowadays a lot of special institutions have been created on both sides: in Ukraine and in Europe. The main goal of those is to control all the processes of transformation to be transparent on all levels; as well as prevent unlikely events. Of course, there are proponents and opponents of the moving to the free trade with the EU as for every global process. Among the young generation it is very clear, that possibilities, which gives us European Union are much more valuable and gainful. Even now, majority of students and researchers seek to apply or acquire some knowledge in European countries. I'm not an exception and for this reason, being a representative of young generation, I will try to determine potential impact on Economy of Ukraine assuming integration to European Union. It is very important to consider both threats and benefits of such processes as they are taking place on very high level. Therefore, in this work it will be considered both contours of development for Economy of Ukraine....
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The relationship between the Development of Macroeconomic Indicators and the Capital Market in CR
KLIMEŠOVÁ, Pavla
This Master's thesis is focused on an assessment of development on the capital market in the Czech Republic in the context of development of macroeconomic indicators. There are used correlation and regression analyses which indicate power of relation between variables and determine regression models. These regression models are used to predict future values. There are a gross domestic product, an unemployment rate, a consumer price index, a national deficit, an exchange rate CZK/EUR and interest rates (2W repo rate, a discount, a Lombard rate and PRIBOR) used as independent variables. Representatives of the capital market are a stock market index PX and a 10-Years Bond Yield, which are dependent variables. There is also a mention of the existence of relation between the Czech and foreign development because of globalization.
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Economic position of the Czech republic in the European union
Podzimek, Pavel ; Procházková Ilinitchi, Cristina (advisor) ; Sankot, Ondřej (referee)
This thesis deals with economic position of the Czech Republic in the European union. Initially the history of the Czech economy since the origins of Czechoslovakia is described. In the next chapter are compared advantages and disadvantages of being a member of EU. In the third chapter is drawn a comparison of chosen macroeconomic indicators between the Czech Republic and several EU member states. According to the level of these indicators, the position of the Czech Republic in EU is evaluated and the Czech economic advancement for the near future is outlined.
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Analysis of the attractiveness of the Ukrainian market for investors based on the comparison of macroeconomic variables
Kostenko, Bogdan ; Dvořák, Jiří (advisor) ; Votava, Libor (referee)
This thesis is devoted to the investment attractiveness of Ukraine in respect to macroeconomic indicators in comparison with the CIS countries which are the members of the Eurasian Economic Union and the countries which have signed the European Union Association Agreement. The beginning of the work includes a theory, a description grounds of the research, a description of the macroeconomic guidelines, types of investments, the relationship between investment and globalization. Furthermore, at the beginning of the work it is explained why exactly these economic changes took place in Ukraine. Then the countries are compared according to the selected macroeconomic indicators and foreign direct investment income. Summing up the results of the comparison as well as checking for the presence of correlation between the indices of GDP per capita and foreign direct investment income per capita using Spearman's correlation coefficients.
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Comparison of the Macroeconomic Development of the Slovak Republic, the Czech Republic and the Netherlands
Stankovičová, Diana ; Krameš, Jaroslav (advisor) ; Soukupová, Jana (referee)
Aim of this bachelor's thesis is to compare economic development of the Slovak Republic, the Czech Republic and the Netherlands. The goal is to choose and evaluate the macroeconomic development of the mentioned countries in the time period from the year 2008 until the year 2016. Indicators as export, import, net export, exchange rate, inflation rate, unemployment rate and gross domestic product were used. In the theoretical part, the chosen indicators of economic performance are defined and explained. The practical part is focused on the analysis of these indicators of the chosen countries and on the following comparison (development between years, development between countries). Outcome from the identified analyses are evaluations and recommendations for the chosen countries, how it is possible to improve the situation in the countries to achieve higher economic productivity and stability.
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The impact of the automotive industry on the selected macroeconomic indicators of the economy of the Slovak Republic
Sabol, Samuel ; Nečadová, Marta (advisor) ; Soukupová, Jana (referee)
The aim of this bachelor thesis is to investigate and analyze the position and influence of the automotive industry on the selected macroeconomic indicators of economy of the Slovak Republic. This work consists of two parts, theoretical and practical. The theoretical part focuses on the position and significance of the automotive industry for the Slovak economy along with the characterization of selected macroeconomic indicators. In the practical part, I mean specific macroeconomic indicators (GDP, unemployment, foreign trade), which analyze the data obtained from the Slovak Statistical Office and EUROSTAT. Consequently, I examine the importance of automotive production in Slovakia through changes in the macroeconomic indicators in a given time period.
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Analysis of the Impact of Media Important Events on Financial Markets
Siuda, Vojtěch ; Witzany, Jiří (advisor) ; Fičura, Milan (referee)
This thesis analyses the impact of announcements of macroeconomic indicators in United States on price development of the VIX Futures, S&P500 Futures and EUR/USD FX rate. Theoretical part contains construction and description of individual markets. Empirical part investigates the reaction of market prices after 1, 10 and 30 minutes after announcement of an individual indicator value on a market surprise demonstrated as a difference between reported value and analysts' expectations. We tried to find a systematic reaction of market participants and the pace of absorption of new information into the market price. There have been found minimum of situations, where we explained the market move as a linear combination of market surprise. However, there was a several cases, where the market did not adjust to announced information quickly and was inefficient in a short period. In the second part of empirical research we tested all significant models on an out-sample data. The goal was to determine whether the market inefficiencies persisted and stable profit could be achieved. We analysed the brutto performance, then netto performance including all transaction costs. Finally, we defined a simple trading rules with a purpose of profit stabilization and lowering the riskiness of trades. For VIX Futures and EUR/USD markets we achieved a low loss, respectively negligible profit. For S&P 500 Futures we obtained a profit strategies for all selected indicators, total profit was high with a very low volatility of invested capital.
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Use of the DHL Index in the Analysis of Globalization
Močička, Jakub ; Cahlík, Tomáš (advisor) ; Kučera, Adam (referee)
In my bachelor thesis is firstly discussed topic of globalisation, where focus point is history, development of globalisation term and varieties of definition of globalisation. Then are introduced globalisation indexes (DHL connectedness index, KOF Index of Globalization, Ernst and Young globalisation index and Maastricht globalisation index) for which indexes or indicators used to create them are discussed as well values corresponding to particular indexes and indicators and scales on which are globalisation index transformed. In the next part indexes are compared, where differences and similarities as well as set of countries on which indexes are reported and magnitudes of respective indexes and indicators are discussed. Main part of thesis is focused on the relationship between globalisation indexes and particular macroeconomic indicators (GDP, inflation and unemployment). For that purpose two methods of estimation are used - one-step Arellano-Bond GMM estimator and fixed effect. Study is focused on a time period between year 2005 and 2013 for which DHL Global Connectedness Index is reported. Dataset consists of panel data of 140 countries for GDP and inflation and 34 countries for unemployment. Final part is focused on evaluation of relationships between globalisation indexes and macroeconomic...
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