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Pension System in the Czech Republic and its Future Prospects
Řežábková, Pavla ; Kaczor, Pavel (advisor) ; Humhalová, Miroslava (referee)
The bachelor thesis deals with the pension system of the Czech Republic, its forthcoming reform and examines the adaptability of people to the planned changes. The theoretical part of my thesis gives an overview of the issue: the impact of demographic factors on the existing pension system, types of financing the pension system with focusing on continuously financing and funds, types of pension systems in different countries, explaining the reasons and objectives of pension reform and finally summarizes the current reform proposal, along with commentary on the disputed points and positives. The practical part is based on data obtained from a questionnaire survey and examines the relationship of specific factors (age, education, income, etc.) and willingness of people to save money for their contributions beyond the required additional funds for retirement. This thesis is also evaluating the influence of all these factors on deciding on the proposed transition to a funded pillar. At the end of the thesis there is a conclusion where is an assessment of potential success of the proposed reform.
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Competing currencies as an alternative scenario to legal tender clause: Mathematical proof
Gawthorpe, Kateřina ; Stroukal, Dominik (advisor) ; Nikolovová, Pavla (referee)
Previous literature examining the scenario without the constraint of legal tender law is a rather theoretical analysis of the subject matter. Aside from the theoretical examination of the competition of money this paper offers dynamic structural macroeconomic model based on the money in the utility function. This model compares the current monetary conditions with the potential situation permitting more currencies circulating alongside. The main assumption about individuals' preferences over stable currencies underlines the whole paper with emphasis on the mathematical model. The uniqueness of this model lies in the incorporation of variables affecting respective money demand functions into the utility function of the DSGE model and in the purpose of its use as well as its variables, where representative agent is a household owning a bank rather than a firm. Overall the results of this paper favor the idea of exclusion of the legal tender law in a developed country without severe turmoil. Particularly, the ascent of competition among currencies leads to lower inflation than present scenario. However, final simulations of the model in Matlab supplements such so far "unambiguous" view with skepticism due to possible difficulties during discovery process in such scenario.
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Bitcoin - Tržní peníze nebo pouze náhrada jednoho špatného prostředku směny za druhý
Philipp, Jan ; Stroukal, Dominik (advisor) ; Slaný, Martin (referee)
Bitcoin as a payment system indisputable offers advantage over the government currencies in transaction time and its costs. On the other hand the moneyness of Bitcoin itself is questioned. This paper analyzes Bitcoin from Austrian perspective and compares the qualities of Bitcoin with deserved qualities of money in order to find out whether Bitcoin could serve as money. The examined properties are portability, storability, divisibility, recognizability, homogeneity and scarcity. Moreover it examines the consistency of Bitcoin emergence as medium of exchange with Mises' regression theorem and identifies the non-monetary value of Bitcoin. The result of theoretical analysis shows that Bitcoin's properties can facilitate the functions of money.
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Hygiene habits of children of primary school age
GLÜCKSELIGOVÁ, Lenka
This thesis examines the health habits of the primary school children at smallclass schools. It deals with the problem to which extent children follow the principles of a healthy lifestyle in everyday life, especially in the area of physical activity, sleep, organization of daily routine and extent of mental strain. The theoretical part summarizes knowledge of the characteristics of younger school age period and its development in the physical, mental and social context. Other chapters focus on the hygiene habits, mental hygiene, sleep and its disorders. Attention is also paid to the nophysical activity, nutrition, and their relationship to health. The research part presents the current results of the survey, to which there were used: A standardized questionnaire Řehulka (1987), Timetable of the day (Mužík, Bártová, 2010) and registration of physical activity with using a pedometer. This is a qualitative and quantitative research, which 78 children from four selected smallclass schools have been subjected to. The results show that there were not alarming deficiencies in fulfilling the above aspects of a healthy lifestyle.
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Gold significance in 21st century
Vahalová, Mariana ; Štěrbová, Ludmila (advisor) ; Müller, David (referee)
This thesis propose unconventional look upon gold in actual finantial system. This system, where currency is just paper money base solely on the belief use money users, finds itself on the edge of sustainibility. The thesis examine development of gold and explains its undeniable importance in ages of crisis, thus the contemporary one. First part engage in history of gold. It illuminates how gold represent natural barier against autoritative maniplation and control of kings and later governments and central banks. Second part talks about last decade and development of the price of gold and its causes, relationships and interconnection of the whole system, including actual happenings, development and strategies. Last part examines existing investment possibilities in field of paper money and gold. It is concluded by a deeper analysis of chosen investments.
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Ekonomické faktory pôsobiace na úroveň kriminality v krajinách EÚ
Mitkov, Michal
This bachelor's thesis deals with verifying the validity of the main theories about the influence of economic factors on crime in general. This thesis explores the cau- sality between each factor and crime. Results of this research are confronted in discussion with the results from authors of studies that handle this topic. Outcome of this work points out invalidity of initial assumptions in studied time frame. In conclusion partial validity of some theories concerning influence of economic fac- tors on changes in crime rates is illustrated. It must be emphasized, that results of this thesis are not universal, and that outcomes researched in these circumstances and in this timeframe might not be similar in other circumstances.
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Three essays on public procurement
Skuhrovec, Jiří ; Janda, Karel (advisor) ; Mejstřík, Michal (referee) ; Tóth, István János (referee) ; King, Lawrence (referee)
The core of thesis lays in quantitative analysis of microeconomic data on public procurement and alternative forms of dealing with public money. It consists of three essays with one common attribute: extensive groundwork with data, including overlaps into legal and technical disciplines. The fist essay examines the relationship between transparency of ownership structure and (i) profits of firms winning public procurement contracts and (ii) competition for the contracts and savings of the public authority. It identifies a significant advantage of firms with opaque ownership structure in terms of access to public money. It concludes with a possible explanation of conflict of interest and corruption, which might channel such advantages. The second essay proposes and tests a novel methodology for benchmarking of contracting authorities. The proposed rating measures a deviation from best practice recommendations in the areas of openness, competition and transparency. Indirectly it measures efficiency and corruption potential in public procurement. The pilot results of the methodology are provided and extensively discussed for a group of Czech municipalities. Third essay investigates issue of crowding out effect potentially introduced by EU funds provision. It studies direct budgetary impacts of...
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