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National Repository of Grey Literature

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Anomalies in the development of the exchange rate (In the context of PPP) Hejzlarová, Anna ; Šíma, Ondřej (advisor) ; Pour, Jiří (referee) This thesis is focused on the description of the purchasing power parity theory and the theory of the interest rate as the fundamental aspects of exchange rate movements. A large part is devoted to the problems of equilibrium exchange rates and associated anomalies that these equilibrium rates are largely affected. The aim is to highlight the pros and cons of these theories and their practical use in nowadays world. Incomplete validity of purchasing power parity is analyzed by using available data which also leads to examine the presence of deviation from the equilibirum value. These anomalies are divided into economic origin anomalies and anomalies arising from non-market intervention. Despite the frequent critism the theory of purchasing power parity is still the most popular and frequently published theory. Detailed record

The process of real and nominal convergence in the Czech republic Šulc, Vojtěch ; Nečadová, Marta (advisor) ; Kulbakov, Nikolay (referee) The aim of the thesis is to analyze the process of nominal and real convergence of the Czech Republic to the average of the European Union (EU-27). The text uses comparison with other european transition economies (Slovakia, Hungary, Poland and Slovenia). The thesis consists of an analysis of the progress of real GDP per capita, comparative price level, labor productivity, employment, labor costs and other indicators. Other topics such as alternative indicators of economical convergence or the accession of the Czech republic into the euro-zone are discussed. Detailed record

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