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The expected impacts of the 2015 tax reform
Dušek, Libor ; Kalíšková, Klára ; Münich, Daniel
This study provides the first and unique evaluation of the impact of the reform of direct taxes, ie taxes on personal income and insurance levy, which was approved by Parliament in 2011 and without the intervention of a new government and the House of Commons after early elections automatically come into effect from January 1, 2015.
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To be or not to be a teacher: Czech teachers’ salaries from an opportunity costs perspective in a broader context
Münich, Daniel ; Straka, Jan
In this paper we present new evidence on how very low the teaching profession’s wage attractiveness is in primary and secondary schools in the Czech Republic. We show that 70-90% of university educated employees receive higher salaries than an average teacher. Teachers with 15 years’ experience earn only half of what their university educated peers do. The low financial attractiveness of the teaching profession is reflected in the low interest among young people, especially talented ones, in becoming teachers. We present our findings within a broader and longerterm economic context, showing the causal chain from the level of motivation to become a teacher, to the quality of teachers, quality of education, level of education of the population and, as a result, the long-term growth of the economy and the country’s well-being in general.
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