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Were CNB's foreign-exchange interventions from November 2013 necessary?
Volf, Matěj ; Vostrovská, Zdenka (advisor) ; Zamrazilová, Eva (referee)
This thesis deals with CNB foreign-exchange intervention from November 2013 in context of assumptions and impacts on the Czech economy. The theoretical part presents important monetary policy aspects, from conventional and unconventional tools to inflation targeting and deflation, to understand theoretical framework of analysis. Analytic part takes a look on Czech economy condition before interventions, especially inflation. Intervention impacts and exit strategies are examined further. Based on the analyzed data this thesis concludes that foreign-exchange interventions by Czech National Bank were not necessary and inevitable action.
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Stress and coping strategies of exposed profession
Bieliková, Liliana ; Pauknerová, Daniela (advisor) ; Franková, Emilie (referee)
The aim of the thesis is to point out the stress factors present in the profession of a firefighter, define the concept of stress and suggest the options of coping with stressful and challenging situations. The thesis consists of theoretical and empirical part. The theoretical part is focused on clarifying the definition of the concept of stress, its types, manifestations and potential stressors. In addition, conditions such as post-traumatic stress disorder, burnout, coping with stressful situations and Eysenck personality typology factors are explained. The empirical part is focused on the analysis of coping strategies, used by firefighters on the selected workplace and their connection to temperament, age and years of service. Based on the analysis, recommendations for management in HaZZ Nitra are suggested.
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The effect of bailiff territoriality on the reclamation of receivables, the length of debt recovery and other aspects of court-ordered distraints
Plaček, Jan ; Smrčka, Luboš (advisor) ; Belás, Jaroslav (referee) ; Hučka, Miroslav (referee)
The area of individual reclamation of receivables in the form of court-ordered distraints has undergone significant changes since the year 2000. The initial practice, when the claims used to be enforced directly by judicial officers, proved to be largely ineffective and with difficult to apply. The Ministry of Justice has responded by adopting an amendment to the Act (Act no. 120/2001 Coll., on bailiffs and executor activities), which introduced the independent bailiff offices. Then, the law itself understood the bailiff authorities as a separate entrepreneurs. Currently, in the Czech Republic, there can be seen the distribution of the market with distraints according to the Pareto rule. Approximately 20% of bailiff offices manage over 80% of distraints. It is obvious that this is an unsatisfactory condition for the majority of bailiff offices. In response to this fact, the Czech Chamber of Bailiff offices calls for the introduction of territoriality, which would eliminate by law the market environment from the market with distraints and every single bailiff office would have a stable allocation of distraint proceedings. The analysis carried out clearly shows that there are significant differences between bailiff offices in terms of speed and in success of the debt recovery. The actual demand for the introduction of territoriality would not merely be a reallocation of the market with distraints. Putting it into a practice would greatly influence the transactional costs of business and non-business entities in the Czech economy. The thesis comprehensively describes the issue of territoriality and quantifies how much the debt collection will decrease in case of its introduction. In the conclusion, an alternative draft is formulated, which might, according to the author, allow effective regulation and supervision of the activities of bailiffs' offices without compromising the inherent efficiency of the reclamation of receivables in terms of market environment.
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In the Quest of Measuring the Financial Cycle
Plašil, Miroslav ; Konečný, Tomáš ; Seidler, Jakub ; Hlaváč, Petr
The recent financial crisis has demonstrated the importance of the linkages between the financial sector and the real economy. This paper sets out to develop two complementary methods for assessing the position of the economy in the financial cycle in order to identify emerging imbalances in timely manner. First, we construct a composite indicator using variables representing risk perceptions in the financial sector and calibrate this indicator to capture the credit losses the Czech banking sector experienced during the recent crisis. Second, we focus on the transitions of loans from one risk category to another, which allows us to capture the financial cycle from the perspective of the debt-paying ability of non-financial corporations. Both financial cycle measures can be used by policy makers for a wide range of policy decisions, including that on the setting of the countercyclical capital buffer.
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The Game of Life: the Economics of Contraception Market
Řípová, Eva ; Šťastný, Daniel (advisor) ; Zemplinerová, Alena (referee)
This thesis deals with the contraception market in the context of decision making about children, trying to outline the consequences of this market for the economy as a whole. The first section introduces the market and defines the key role of the market for the women making the decision. The second part introduces the agents in the market with their incentives and motivations. The third part moves into closer detail paying attention mainly to choice problems and uncertainty problems. The forth part focuses on game theoretical framework and various strategies from which the players are choosing. The fifth part presents a range of models for situations in the market derived from "games" on the prisoner's dilemma principle. These games result in the hypotheses involving consequences of particular behaviour in the market. The sixth part tests the hypotheses from the previous chapter, using evidence from selected countries including Czech Republic, United Kingdom, United States, and China. The conclusion specifies future development that is uncertain but based on the current facts.
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Which political regime produces better sports results - capitalism, or socialism
Janoušek, Filip ; Lahvička, Jiří (advisor) ; Čermáková, Klára (referee)
The main aim of my paper is to investigate the influence of the political system on sports achievements. I examine the difference between medal achievements of athletes from so called socialist countries with one ruling party and command economy and those from democratic countries with market economy in the following 5 major sport events in the period from 1949 to 2009: The Summer Olympic games, The Winter Olympic games, The World Championships in Athletics, The World Swimming Championships, The World Gymnastics Championships. In order to determine this influence, two models are used. The first is the basic model, which is similar to models widely used in existing works on this topic. The second is the model with dummy for countries, which uses fixed effects. This paper performs a detailed analysis of wide range of sports which makes it different from existing research. Using the two above mentioned models, the comparison of countries with similar GDP per capita shows, that socialist countries athletes obtained more medals that those from democratic countries. The difference was 1.8 -- 3.7 percentage points from the total number of medals awarded for analyzed period of time.
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ANALYSIS OF THE PROCESS OF PRIVATIZATION OF ASSETS IN THE MINISTRY OF AGRICULTURE
Hartmanová, Zuzana ; Zeman, Karel (advisor) ; Ježek, Tomáš (referee)
I chose this topic because I commented that in the current period, a considerable portion of the assets in agriculture is not yet privatisation and therefore logically Land Fund of the Czech Republic remains the only one from all the transformation of institutions in their natural range. The theoretical part should be based on the definitions and the foundations of economic policy or of a change process to transform the economy from a centrally planned economy to a market economy and changes in ownership. Your work will be analyzed in the privatisation process of agricultural property, which is by its nature, much more complicated and more time-consuming than has been the privatization of property of the other ministries of the national economy. I will analyze the scope of the Land Fund, asset management and privatisation sale. To work is a comprehensive analytical material concerning the processing of all methods of privatization of agricultural property and fundamental issues that accompany this process.
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Tourism as a development factor in Decin region
Tomášková, Markéta ; Pělucha, Martin (advisor) ; Kouřilová, Jana (referee)
The aim of thesis is to identify factors for future tourism development in Decin region. The theoretical part deals with general definition of tourism its position in the national economy and also outlines the importance of tourism for the regional and microregional development in Czech Republic. The practical part is focused on tourism in Decin region. Firstly, the basic and supporting infrastructure of tourism is defined by description, the areas of possible further development of the region are identified and the economic impact of tourism on the selected area is hypothesized. Consequently, the range of accommodation facilities and services for tourists in Decin region are evaluated by the questionnaire survey. The representative sample of 13 facilities, ie 10% of total, is randomly selected of the 131 providers of accommodation services. The structure of facilities and the quality of its services is identified by the synthesis of the data. In conclusion, the results may help us to determinate the temporary situation in accommodation services, to indentify the main barriers of the tourist development and to suggest possible improvements and funding for further tourism development in Decin region.
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The Application of Marketing in Health Service
Zahradníková, Lenka ; Horová, Olga (advisor) ; Maršounová, Jaroslava (referee)
The aim of this bachelor's thesis is to evaluate marketing in health service and to examine it in a health allowance organization, the Rehabilitation center Kladruby. This thesis is divided to theoretical and practical part. The theoretical part is focused on the marketing and economy in health service and the great deal of the thesis is devoted to instruments of the marketing mix. The last chapter deals with organization and management of marketing in health service organizations. The practical part is focused on the Rehabilitation center Kladruby, the history of the institute, present situation, economic and human resource information, structure of this institute and range of care. Then the thesis links up the first part, particular application of marketing mix and the systems of treatments in Rehabilitation center Kladruby. In conclusion there are suggested the specific advice and recommendations.
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The competitiveness of human capital in new member states of the EU
Nevoralová, Lenka ; Bič, Josef (advisor) ; Řehořová, Veronika (referee)
This thesis focuses on the competitiveness of the new members of the European Union in the range of human capital. The aim of the thesis is to find out the competitive advantage of new member states. In the first chapter, I attend to human capital and its position in economy in general. In the second chapter, I compare new member countries with each other and with other members in the range of education (concretely the educational structure, the educational expenses and the quality of education) and labour costs. Then is compared the quality and the price of human capital in particular countries and indicated the possible development in the future.
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