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Two Essays on the Modeling of Monetary Policy Transmission Mechanism
Rusnák, Marek ; Horváth, Roman (advisor) ; Svoboda, Svatopluk (referee)
In first essay, we investigate the evolution of monetary policy transmission mechanism in the Czech Republic over 1993:1 - 2009:9 period by employing time varying parameters Bayesian vector autoregression model with stochastic volatility. We document relative stability of monetary policy transmission mechanism over time. However, there is some evidence that the transmission to prices was weakened temporarily during the climax of the financial crisis, but appear to be back to its pre-crisis strength already in the second half of 2009. Further, we augment the estimated system with a financial variable to investigate the significance of financial shocks for the transmission. The results suggest that financial shocks indeed play relatively important role in explaining the fluctuations of the output and prices. Second essay presents a meta-analysis of the effects of a monetary policy shock on prices. First, we present some summary statistics that document the pervasiveness of the price puzzle, which denotes an increase in the price level following a contractionary monetary policy shock, in the results of empirical studies. Next, using meta-regression methods such as funnel asymmetry test, we find the evidence of publication selection bias that increases with the horizon studied. Finally, we use explanatory...
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Perception of Holocaust from The Point of View of Judaism
Turková, Alžběta ; Nosek, Bedřich (advisor) ; Vogel, Jiří (referee) ; Blodig, Vojtěch (referee)
VNÍMÁNÍ HOLOCAUSTU Z HLEDISKA JUDAISMU Perception of Holocaust from The Point of View of Judaism Summary Vnímání holocaustu z hlediska judaismu Perception of Holocaust from The Point of View of Judaism Mgr. Alžběta Nováková The thesis " Perception of Holocaust from The Point of View of Judaism" presents an overview of the Holocaust theology of Judaism. Holocaust brought up many burning questions that can torment a religious person and does not allow him to be at peace. We are unable to answer the question why Holocaust happened upto day. According to Judaism we will know the truth only after the arrival of Messiah. The work is divided into two sections. First section takes a look at possible individual theology models of Holocaust, both those based on Bible directly or those based on mysticism and also at new theories formulated as the outcome of Holocaust. There are fourteen models presented here all commented on by the Chief Rabbi of Prague and the Czech Republic Karol Efraim Sidon. The following theories belong to the possible theological models of Holocaust: 1. Theory of reward and punishment. There is number of opinions what was the cause of Holocaust. For some it was caused by secular Jews, for some by Zionists and third group puts the blame on Jews who did not want to move to the Sacred Land of...
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Internet and computer crimes
Janýšková, Zuzana ; Gřivna, Tomáš (advisor) ; Herczeg, Jiří (referee)
INTERNET AND COMPUTER CRIME (SUMMARY) The purpose of this thesis is to provide an introduction to the basic problems of Internet and computer crime (furthermore also "cyber crime"), which is a type of crime that is still relatively new, but fast developing in a similar pace as the information technologies. The thesis contains seven substantial chapters. First chapter is an introduction of this thesis, which focuses on its structure and summary of the content. Second chapter presents the most important concepts and issues concerning Internet and computer crime, describes its special features, such as independence on the physical world, high latency, specifics of cyber criminals in comparison with other criminals, or perception of cyber crime by the society. Third chapter deals with Czech substantial criminal law concerning cyber crime. It mentions both criminal code, which is in force and effect at the date of finishing this thesis, and past criminal code, which was repealed at the end of last year (2009), after almost fifty years of being in effect. Fourth chapter consists of several separate subchapters, each of them concerns one selected type of cyber crime. While selecting the computer crimes for chapter four, the author's aim was to introduce a few types of cyber crime that currently belong to the most...
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Two essays on the modeling of monetary policy transmission mechanism
Rusnák, Marek ; Svoboda, Svatopluk (referee) ; Horváth, Roman (advisor)
In first essay, we investigate the evolution of monetary policy transmission mechanism in the Czech Republic over 1993:1 - 2009:9 period by employing time varying parameters Bayesian vector autoregression model with stochastic volatility. We document relative stability of monetary policy transmission mechanism over time. However, there is some evidence that the transmission to prices was weakened temporarily during the climax of the financial crisis, but appear to be back to its pre-crisis strength already in the second half of 2009. Further, we augment the estimated system with a financial variable to investigate the significance of financial shocks for the transmission. The results suggest that financial shocks indeed play relatively important role in explaining the fluctuations of the output and prices. Second essay presents a meta-analysis of the effects of a monetary policy shock on prices. First, we present some summary statistics that document the pervasiveness of the price puzzle, which denotes an increase in the price level following a contractionary monetary policy shock, in the results of empirical studies. Next, using meta-regression methods such as funnel asymmetry test, we find the evidence of publication selection bias that increases with the horizon studied. Finally, we use explanatory...
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Circumstances excluding liability and the practice of a medical doctor
Longin, Pavel ; Sovová, Olga (referee) ; Císařová, Dagmar (advisor)
Circumstances excluding illegality (defences ) and the practice of a medical doctor Summary Circumstances excluding illegality (defences), relating to specific area of healthcare, I chose in particular because it is a range of issues and problems related to life and health, as a supreme values protected by law. By definition, therefore it is a legal relations that concern each of us. Each person sometimes come to a point where, because of illness, accident or prevention, must visit a hospital and in this moment necessarily enter into the medico-legal relations. The purpose of my thesis is to analyse significant legal institute of circumstances excluding illegality (defences), which can be applied to a specific area of legislation, dealing with health. Handling this important issue cannot be separated from other medico-legal institutions and issues purely legal or purely medical. As important so I thought to outline the basic problems of such institutions as the best standards of professional societies (known also as protocols, pathways, guidelines, practice parameters, policies and procedures, bundles or consensus statements) , issues of doctor - patient relation, the concept of lege artis, vitium artis, non lege artis, and in the last section I tried to outline the problems associated with providing health...
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An educational legal entity
Šípová, Adéla ; Vopálka, Vladimír (advisor) ; Millerová, Ivana (referee)
46 8. Resumé v anglické jazyce -Summary in English Educational legal entity Educational legal entity is a new type of legal entity established under Act No. 561/2004 Coll. (the "Schools Act"). There are not many of these legal entities at the moment as they represent a brand new institute, more often used by church schools to which this concept has brought many simplifications when compared to the previous regulation. Educational legal entity is specific due to the fact that it can be established only for the purpose of operation of primary business in the education sector in accordance with Section 3a of Act No. 561/2004 Coll. The issues of the educational legal entity shall be governed by the applicable provisions of the Commercial Code unless the law specifies otherwise. When compared to other legal forms, in particular the allowance organisation as the most common operator of schools, differences are traced mostly in the higher level of management autonomy. Educational legal entity may administer its own property, create monetary funds etc., which will allow for a better use of the property and a more effective long-term planning. The manager of the school is, at the same time, the authorized representative of the educational legal entity. He must comply with the conditions for practice of the position...
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Liability in labour law
Dáňová, Lucie ; Hůrka, Petr (advisor) ; Štefko, Martin (referee)
Liability in Labour Law Summary Liability represents one of basic legal institutes which applies in most branches of law, including labour law. However, employment relations have several distinctive features which are also reflected in the conception of lability. Since the consequences of violation of law can substantially affect the position of violator, it is necessary to be aware of one's duties and a possible occurrence of lability. The aim of my thesis is to analyze liability in labour law according to the legislation in force. Liability in labour law is not only a theoretical concept but it also has practical impacts on both subjects of employment relation, therefore it is desirable to have knowledge of this institute. Since liability denotes one of the most complicated institutes in law it is, at first, essential to explain the concept of liability in general. Legal theory construes liability in several different ways and it is interesting to mention opinions of various theorists. The next chapter characterises the concept of liability in labour law and describes its main features. The following chapter deals with division of liability in labour law into several kinds from different points of view. The thesis focuses on liability for damage because of its importance in labour law itself. Chapter five...
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Regular performance of the position of a Supervisory Board member in limited companies
Kubricht, Jiří ; Oehm, Jaroslav (referee) ; Eichlerová, Kateřina (advisor)
DUE DISCHARGE OF LEGAL DUTIES OF A MEMBER OF A SUPERVISORY BOARD IN PRIVATE AND PUBLIC COMPANIES Resumé This master's degree thesis aims to describe what duties members of supervisory board have and what it means to discharge those duties properly. Special attention is paid to duty of care, which I consider to be the duty of highest importance and so it forms roughly half of my thesis. The reason why I chose this type of topic is my special interest in law of corporations, especially the part of it that regulates the relations between company and shareholders on one side and directors on the other. It is also known as corporate governance. The thesis starts with introduction, which is followed by six chapters. The thesis then ends with summary that briefly describes the all main conclusions I arrived at. The introduction explains why area of corporate governance is so important and why special attention should be paid to it. It also discusses why the focus of the work is on public companies limited by shares and not private companies. Chapter one then describes what it means for a member of a board to generally act with duty of care. It covers most important aspects of this duty and also examines different types of real-life situations and what type of behavior would fulfill the requirements of duty of care...
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Electronic trade and private international law with special regard to entering into contracts
Peterková, Kateřina ; Brodec, Jan (referee) ; Pauknerová, Monika (advisor)
1 Electronic Commerce and Private International Law (with Special Focus on Contract Formation Process) Summary in English language Technologies through which we are able to conclude a contract and carry out business are evolving by unbelievable speed. Legislators all over the world are unable to keep up with such a development usually because the legislative process is a long-term one, they come across absolutely new problems and they have to find new ways to deal with them. The current effective norms governing electronic commerce are often insufficient. They deal only with parts of the problems arising in connection to electronic commerce. Most of them were enacted in times when internet was the only mean of contracting and therefore they are not applicable to new technologies like mobile phones or PDA ect. One of the biggest legal problems arising in connection with new technologies is caused by their borderless. The users are contracting through borders easily because they are not obvious in traditional way. There appears a new question where are the borders in the cyberspace? And are there any? And hand in hand with this issue goes the problem of determining the governing law for these contracts and court that has jurisdiction to hear a case when a dispute arise. Shortly said the new borderless media...
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Identification of cadavers and skeleton findings
Kutilová, Lucie ; Musil, Jan (referee) ; Štourač, Petr (advisor)
73 IDENTIFICATION OF CORPSES AND SKELETAL FINDINGS SUMMARY The reason for my research is favour in criminology and criminal law on the whole. The thesis is composed of six chapters and introduction and conclusion. Chapter One is named Forensic medicine and this chapter is divided into two parts. Part One is introductory and defines basic terminology used in the Forensic medicine, for example natural death, violent death, time of death, post - mortem changes, etc. Part Two describes inspection of a body, judicial autopsy, health autopsy. Chapter Two deals with inspection and the work of police officers on the place of finding body, further on coronerʼs inquest. Then I deal with Individual identification methods. Chapter Three is the identification of persons according to in the external features. The main features are for example race, sex, age, color of skin, body height, blood group, DNA analysis. The supporting characters are for example hair color, body weight. Chapter Four is named Dactyloscopy and it deals with examining of fingerprints, palms of the hand and soles of foot. An example of the criminal police practise is described in this chapter. Chapter Five deals with Criminal biology.The chapter is subdivided into three subchapters. Subchapter One deals with biological material of human, animal and...
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