|
|
U.S. monetary and fiscal policy since Great Depression to the present
Lochmanová, Kristýna ; Babin, Jan (advisor) ; Čermáková, Klára (referee)
In my bachelor's work I would like to focus on monetary and fiscal policy of the U.S. since the Great Depression to the present. My work will focus especially on three main topics. In the first part I will try to summarize the causes and consequences of the Great Depression, in another part I will pay attention to 1950s and 1960s in which the Keynesian theory prevailed. Finally I will try to find out if there are any common elements of the financial crisis in 1930s and of the current one. Seeing that I want to reveal the causes of the Great Depression, on which I will base my findings later, I will devote a few words to the characteristics of the golden era in the 1920s at the beginning of my work.
|
|
| |
|
|
Solving consenquences of financial crisis by fiscal and monetary policy
Šťastný, Martin ; Burgerová, Jiřina (advisor) ; Řežábek, Pavel (referee)
At the beginning of my work I will try to explore the theoretical part, as what are the consequences of a financial crisis on state economy and how to respond to them using disponible tools of fiscal and monetary policy so that the impact is as acceptable as possible. The aim of my essay is an analysis and comparison of the effectiveness of monetary and fiscal policy on the reduction of the impact of the financial crisis and what is their effect on the growth of GDP, development of inflation, employment and other macroeconomic indicators. The question is basically how to restart the economic growth and how to achieve it. I will also explore the possible non-acceptance of any precautions. I will try to find the optimal consensus between fiscal and monetary policy and their right setup in comparison of the USA and other European states, where each country's government has accepted certain precautions through fiscal and monetary policy.
|
|
|
The Efficiency of Fiscal Policy in connection with "Japan's Lost Decade"
Cvetkov, Jan ; Ryvolová, Ivana (advisor) ; Loužek, Marek (referee)
This work has a target to review the efficiency of fiscal stimulus instruments in connection with "Japan's Lost Decade". The first half of this work follows selected theoretical areas. The author criticises usability of the AS-AD model and spending multiplier. Public finance deficits and government debt are attached to fiscal expansion and, therefore, this work will focus on this topic too. The role of fiscal stabilization policy will be studied in connection with causes and symptoms of trade cycle. The second half of this work scrutinizes the development and implications of implemented fiscal policies in Japan, especially the 1990s, well known as "Japan's Lost Decade". The consequences of fiscal stimulation will be judged.
|
|
|
Possible Consequences of the Fiscal Expansion Which Is Responding to the Financial Crisis in the USA
Dřímal, Marek ; Antoš, Ondřej (advisor) ; Urban, Luděk (referee)
This bachelor thesis engages in the world financial crisis followed by the economic recession and in options how to deal with this issues with the fiscal policy. It focuses on fiscal policy's theoretic principles and instruments; then it processes working papers about fiscal policy multipliers, which are crucial for appreciation of the effectivity of the fiscal policy shocks. In the final part of the thesis there can be found selected acts enacted by the American administration for the purpose of struggling the recession like the American Recovery and Reinvestment Act. The thesis tries to evaluate possible effectivity of these acts.
|
|
|
Tax system in the Interwar Czechoslovakia
Lang, Miloš ; Jakubec, Ivan (advisor) ; Jeřábková, Zdenka (referee)
There is the explenation of tax system in Czechoslovakia during 20's and 30's in 20th century. This study is focused on transformation and consolidation of tax law which are connected with Czechoslovak's establishemenent. There is the characteristics of each point of tax structure, codification and specific problems. The second part of study answers on the question: "Why so huge reform of direct taxes was done in the late of 20's? What was the reason and consequence?" There is some information about Karel Engliš -- Minister of Finance. The analytic part of this study includes national budget, revenues and statistics about tax burden and taxation. The aim of this study is comparision of tax structure before and after the tax reform in 1927. There was made some international statistics, too.
|
|
|
The economic progress in USA after a year 2000
Trachtová, Anna ; Tajovský, Ladislav (advisor) ; Szobi, Pavel (referee)
My thesis is reflecting the economic progress in USA after a year 2000. The first part of my thesis is describing the most important topics in the economic program of G.W. Bush. The next part of my work is analyzing the decision of G.W. Bush as a president and how they are reflected the economic program. This part is divided in three chapters: taxes, military expenditures and monetary policy. At the end of my thesis I compare and evaluate the economic program and the real decision of the George W. Bush. I also describe influence these decision on the economic of USA.
|
|
|
Growth and Stability Pact
Dobrovolná, Klára ; Izák, Vratislav (advisor) ; Prušvic, David (referee)
Growth and Stability Pact is the primary tool of the coordination of economic policy. This thesis deals with the historical development of the Pact, epmhasising its modification and furthermore its eligibility as means of enforcing the fiscal discipline of member states.
|
|
|
Application modified Romer´s model for the Czech Republic
Ráčková, Adéla ; Hušek, Roman (advisor) ; Pelikán, Jan (referee)
Diplomová práce se zabývá modifikovaným IS-MP-IA modelem české ekonomiky rozšířeným o veličiny týkající se EU. Model zachycuje vliv eknomiky EU na ekonomický vývoj ČR a umožňuje snadno interpretovat dopady prováděné měnové a fiskální politiky. Lze říci, že použitá GARCH metoda je vhodná pro odhad modifikovaného IS-MP-IA modelu a pro následnou predikci.
|
|
|
Fiscal rules and their efficiency - Anglophone countries and the EMU
Haas, Jakub ; Tajovský, Ladislav (advisor) ; Váňa, Daniel (referee)
Diplomová práce se zaměřuje na zkoumání fiskálních pravidel - omezení fiskální politiky, která byla přijata v průběhu devadesátých let 20. století. Zkoumané země se dělí na dvě skupiny. Zaprvé se jedná o anglofonní země (Spojené království, Austrálie, Nový Zéland) s odlišným právním a politickým systémem než země druhé skupiny - Evropské měnové unie, které musely akceptovat tzv. Maastrichtská kritéria a Pakt stability a růstu. Analýza efektivnosti fiskální pravidel, která zahrnují pravidla numerická, procesní i transparentnostní, se zaměří na rizikovou prémii u úrokových sazeb finančního trhu jednotlivých zemí, na tzv. sovereign rating hodnotící kreditní riziko a samozřejmě také na konkrétní výsledky působení pravidel na fiskální agregáty jednotlivých zemí. Ačkoliv byla klíčová pravidla přijata až v devadesátých letech, reflektovala určitý vývoj veřejných financí v minulosti, proto se práce zaměří také na historické aspekty vzniku těchto pravidel, které hrály důležitou roli při jejich konstrukci. Výsledkem analýzy pak bude mezinárodní komparace efektivity fiskálních pravidel, která pomůže formulovat obecnější hospodářsko-politická doporučení pro země s rizikovým vývojem veřejných financí.
|
guest ::
