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Assessing the determinants of inflation rate in European countries
Wu, Wanru ; Holub, Tomáš (advisor) ; Dědek, Oldřich (referee)
This thesis assesses the determinants of inflation rate in European countries, including data from 2010 to 2022. The existing research didn't include data during the pandemic and war between Russia and Ukraine, two crises causing unexpected rises in the inflation rate. Using panel data in R studio, the results suggest that GDP per capita influences inflation the most, oil price also plays an important role, and the base interest rate and unemployment rate also influence the inflation rate. In addition, GDP per capita is a negatively related variable. The unemployment rate negatively affects the inflation rate. The change in oil price is positively related to the inflation rate, and it is the only positive variable.
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An analysis of the determinants of alcohol consumption in selected OECD countries
Bárta, Ondřej ; Chytil, Zdeněk (advisor) ; Babin, Jan (referee)
This bachelor thesis analyzes impact of selected factors on alcohol consumption among 30 OECD countries. I estimate four econometric models based on data from the period 2000 -- 2010. Main determinants of dependent variable are price, GDP per capita, GDP growth, unemployment rate, long-term unemployment rate, number of hours spent working and share of social expenditures on GDP. I also take the financial crisis under consideration. Two stated hypotheses are: 1. Alcohol consumption is positively correlated with GDP per capita, 2. Alcohol consumption is positively correlated with unemployment rate. Hypothesis no. 1 is confirmed. Hypothesis no. 2 is disproved, therefor alcohol consumption is negatively correlated with unemyployment rate. On the contrary alcohol consumption is positively correlated with long-term uneymployment rate. Other significant factors are share of social expenditures on GDP and lagged alcohol consumption.
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Labour Productivity in the Czech Republic
Rousová, Sabina ; Dočkal, Dalibor (advisor) ; Urban, Luděk (referee)
This thesis deals with labor productivity and factors affecting it. Such as technological progress, education and development. Examines how various factors improve productivity and how PA affects other sectors. Furthermore, the focus on comparisons of labor productivity in the Czech Republic and European Union countries - and it seeks to draw conclusions. The work space is defined for comparison between the Czech Republic and the founding States of the European Union and then with all the countries of the European Union. Analyzes the current state of labor productivity in the CR and its impact on the competitiveness of Czech enterprises. Their ability to survive in the global market. At the same time predicts the possible future development of PP and the impact on public finances in the context of accentuated the need for reform. The aim of this work is, among others, are familiar with concepts related to the PP and the PP itself. And on the basis of these data to understand the diversity of PP in different countries and the resulting wage differences.
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