National Repository of Grey Literature 96 records found  1 - 10nextend  jump to record: Search took 0.01 seconds. 
Returns on investment in human capital in the Czech Republic
Kubik, Adam ; Chytil, Zdeněk (advisor) ; Babin, Jan (referee)
The purpose of this thesis is to determine the profitability of tertiary degree studies and to compare the returns and profitability of such investment in human capital. In the theoretical section of this work I focus on the theory of human capital, especially with emphasis on education, which assumes higher earnings with higher education. Literary research suggests the truth of the hypothesis, making attending college and finishing with Master`s Degree the most effective. In the practical section I make successful verification of the hypothesis using calculations of the Internal rate of returns, the Net present value and the individual Rate of returns on investment in education. Finishing studies with Bachelor`s Degree appears to be far less beneficial than with Master`s Degree. This thesis may help students who are facing the dilemma whether to go to university or not, or to those who consider continuing their education after finishing Bachelor studies.
Analysis of determinants of cigarette consumption in OECD countries
Slezáková, Eva ; Frömmel, Tomáš (advisor) ; Babin, Jan (referee)
This bachelor thesis analyzes the impact of selected determinants on smoking behavior. Analysis of aggregate cigarette demand is based on data from 35 OECD countries and the analysis of rate of daily smokers is based on data from 28 OECD countries from year 2014. Based on this dataset, I estimated 2 basic and 2 extended econometric models, in which I used the following explanatory variables: price of cigarettes, public smoking bans, health warning labels, bans on tobacco advertising, education level, unemployment rate and GDP per capita. I stated two hypotheses: 1. price elasticity of demand for cigarettes will fall in the narrower range from -1 to 0, 2. at least one of three anti-tobacco regulations has significant and negative effect on smoking behavior. Hypothesis no. 1 has been confirmed in both models, however the hypothesis no. 2. has been not confirmed. Beside of cigarette price, two exogenous variables in the constructed models showed their significance. In the model with number of cigarettes as endogenous variable, GDP per capita had significant and positive effect on explained variable. In the model with rate of daily smokers as endogenous variable, tertiary women education rate had significant and negative effect on explained variable.
Do More Sporty Active People Have Higher Earnings?
Kubíčková, Klára ; Brožová, Dagmar (advisor) ; Babin, Jan (referee)
The bachelor thesis consider the impact of time, which an individual spends sport activity on his earnings. First it explains theory of human capital and emphasises health as its component. Then it describes Mincer earnings function, Subsequently describes foreign research on the topic of impact of sports on earnings of the individual. On the basis of internet survey practical part per ordinary least squares method confirms set hypothesis, which says that more sporty active individuals have higher earnings. This research finds that people which spends an additional hour by strenuous physical activity reach ceteris paribus by 2,13 % higher earnings.
Footballer on labour market
Konečný, Miroslav ; Brožová, Dagmar (advisor) ; Babin, Jan (referee)
Bachelor thesis si about footballer on labour market and main aim is to determine his wage determinants, mainly his performance as its main determinant. In teoretical part I describe structure of market on which footbalist supplies his labour. After that I describe superstar effect, moral hazard, education influence and efficiency wage on the market with football players. In practical part I analyse determinants of footballer wage with regresion analysis on datas from english Premier League from season 2015/2016. My conclusion is that primary determinant of footbalists wage is superstar effect. Major influence has also origin country and footballer´s performance.
Determinants defining pay of NHL players
Sigmund, Pavel ; Chytilová, Helena (advisor) ; Babin, Jan (referee)
The thesis is focused on examination of various determinants having effect upon National Hockey League players´ pay. It also aims at the role of players´ individual skills, personality as well as characteristic of each club. I have decided to test pay determination on the base of Jones and Walsh model (1988), which uses a set of specific variables and is formed and tested for each post (goalkeeper, defender, forward). I enriched the model with other variables (market value of the club, annual profit, average price of a ticket). The empiric part contains regression analysis (OLS) of data sets of all players - newcomers in season 2015/16. Skill and experience of the players are the most relevant factors of the model. The influence of team characteristic appeared to be (compared to the previous research) statistically less significant (close to 0). Pay discrimination of European NHL players against the ones from North America was not proved. In spite of the supposition positive effect of European origin on players´ pay emerged.
Comparison of the Impact of Education on Economic Growth in Subregions of Europe
Vérosta, Denis ; Chytilová, Helena (advisor) ; Babin, Jan (referee)
This thesis examines the impact of investments in human capital via additional years of schooling on economic growth. The main aim is to verify the hypothesis about expected positive impact of additional year of schooling on economic growth in subregions of Europe and that the impact will be bigger in subregions of Northern and Western Europe. Human capital theory and economic theory of growth are introduced as well as theoretical model of economic growth that developed by author to analyse the impact. In order to investigate the theory on a data, an econometric model is introduced. The model assumes that the real GDP per worker depends on the stock of physical capital per worker and average years of schooling of worker. Data set that is used for the estimation consists of observations for 34 countries from 1955 to 2010 in 5 years intervals. Using OLS and TSLS estimation methods, 10 regressions are then run with two of them for the entire dataset and two of them being run for each subregion apart, for the purpose of comparison. The results of regression for the entire dataset confirm the expected positive impact of additional years of schooling in Europe region, the finding also agrees with the previous empirical literature (Bassanini and Scarpetta 2001, Soto 2009, Barro and Lee 2013) as well as with the theory of human capital and economic growth. In addition to this, the results of regressions that were run for subregions apart suggest that this impact is heavily related to the quality of education, which tends to be better in Northern and Western Europe, where the impact of additional years of schooling was confirmed separately as well. These findings correspond with the previous empirical literature of economic growth of Soto (2009) and Hanushek and Woessmann (2012), where the quality of education turned out to be crucial as well.
The Determinants of Software Piracy in European Countries
Kozlova, Alina ; Janíčko, Martin (advisor) ; Babin, Jan (referee)
This thesis's main focus is to test the influence of selected growth factors on the rate of software piracy in 25 European countries. The model uses the following determinants: GDP per capita, the Gini coefficient, GNI per capita, gross domestic spending on research and development, the share of labor force with tertiary education, index of economic freedom, intellectual protection rights index and internet coverage. Based on data for the years 2007 - 2011 I present 5 econometric models, which are estimated with the help of a panel regression. It turns out that economic factors such as GDP and GNI per capita, have a negative impact on the piracy rate and annual growth of internet users supports increasing level of piracy. The other determinants do not significantly affect the piracy of software, but the negative direction of the growth of the workforce educational level on piracy was confirmed.
Problems with the Phillips curve in developed economies
Krupička, Michal ; Babin, Jan (advisor) ; Slaný, Martin (referee)
My bachelor thesis focuses on the problems of the Phillips curve. Theoretical part is monitoring the development of the Phillips curve. In this part I describe the process of examination of this problem, that had begun a long time before introduction to work of A. W. Phillips. There are also mentioned works related to the Phillips work that were published after his paper and also some of the critics of the model. In practical part I constructed models to verify validity of the Phillips curve. Data of the Czech Republic and the United States of America were used in this part. Conclusion of practical part confirms that the validity of the Phillips curve is quite limited and that the practical use of the Phillips curve to influence the economy is not possible with this model.
The Economic Efficiency of House Arrest
Michailidis, Simon ; Babin, Jan (advisor) ; Rod, Aleš (referee)
The main purpose of this bachelor thesis is to determine whether house arrest is more economically efficient than imprisonment. House arrest was first evaluated in terms of the impact on public budgets, followed by an assessment of its overall economic efficiency. For the purposes of the analysis, the cost function of the Prison Service was estimated using the high-low method. This function made it possible to determine potential savings in the Prison Service by replacing one imprisonment with house arrest. The costs of house arrest using electronic monitoring and random checks were then calculated. The costs and potential savings are similar in amount, although significant savings in public funds by replacing imprisonment with house arrest was not demonstrated. For evaluating the overall economic efficiency, both the previous cost analyses and the conclusions of the modern economics of crime were used. In this context, house arrest is clearly more cost-efficient than imprisonment. This fact has been confirmed by the frequent use of house arrest abroad.
Consequences of recrictive policy in the time of crisis (on the example of contraproductive government of Petr Nečas)
Kos, Tomáš ; Babin, Jan (advisor) ; Rod, Aleš (referee)
This bachelor thesis: Consequences of recrictive policy in the time of crisis (on the example of contraproductive government of Petr Nečas) tries to examine the fiscal policy applicated in the Czech republic in years between 2010 and 2013, at the time of the economic crisis. This thesis is motivated by reserch question: What impact had the fiscal policy applicated by the government on the economy of the Czech republic? I created econometric models by using data of Český statistický úřad and Česká národní banka. Regarding these econometric models, the fiscal policy had negative impact on GDP, that had downward sloping trend. The negative impact was confirmed even on the unemployment, that had been rising, and also on the inflation, which was forced under the inflation target of Česká národní banka by the fiscal policy.

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