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Econometric models for Czech insurance market
Vichr, Jaroslav ; Cipra, Tomáš (advisor) ; Pešta, Michal (referee)
Relationships between insurance variables representing the cash flows of the Czech insurance market can be effectively modeled using a dynamic system of linear simultaneous equations. The source of the underlying data to build such a model can be publicly available annual reports of the Czech Insurance Association. The resulting model can find its use mainly to predict the future development of financial flows based on historical observations and analysis of possible scenarios. It is this analysis of potential projections and their consequences which provides insight into how e.g. a future decrease of new insurance policies would affect the expected amount of claims costs and the volume of written premiums.
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Empirical Analysis of Prague Flat Market
Sklenářová, Tereza ; Křehlík, Tomáš (advisor) ; Vozková, Karolína (referee)
The purpose of this work is to model the prices of real estate, concretely of Prague flats, which belong to the most important economic indicators. In the theoretical part, the main housing market participants are defined, special features of housing markets are described and most frequently used valuation methods are discussed. Most attention is focused on so called hedonic pricing model, which is applied as a base for the pricing equation in the econometric part. This is carried on various subsets of public available data regarding the characteristics of Prague flats, using ordinary least squares as well as weighted least squares. Several hypotheses about the relationship between the price and the explanatory variables are tested before creating the final model. The results are commented and compared with literature concerned with the same topic in other locations.
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Economic applications of geometric programming
Štěpánek, Ladislav ; Dupačová, Jitka (advisor) ; Zimmermann, Karel (referee)
Geometric programming is a special case of nonlinear programming, where objective function and constraints are shaped as posynomials. In this work we introduce geometric programming and solving methods. In~last chapter we will apply the geometric programming to Cobb-Douglas production function, create a model with random demand and possible extensions of this model. Powered by TCPDF (www.tcpdf.org)
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Model of Development of the Czech Agriculture
Gálová, Dagmar ; Zinecker, Marek (referee) ; Luňáček, Jiří (advisor)
The main goal this master thesis is the identification of key factors influencing the performance and production of Czech agriculture. The work contains into three parts. First part summarizes theoretically background concepts for construction models with looking historical contexts. The second part builds a data base for another work. The third part of the thesis is computational, formulates specific numerical models of possible answer. This part contains a discussion of the results and definitions of possible limits.
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Influence of sports on smoking and consumption of alcohol
Michlian, Štefan ; Princ, Michael (advisor) ; Hrbek, Pavel (referee)
This paper focuses on the meaning of sport for present people. All motivations which lead them to practise sport are stated. We consider the trend of decreasing volume of physical activity in population especially in developed countries and the total social costs because of this trend. We analyse the investments opportunities of health system in promoting physical activity and how much these methods are cost-effective. Furthemore the meaning of sport as prevention before socially undesirable phenomena is examined, particularly smoking of cigarettes and consumption of alcohol We present the previous studies which were done in this topic. The methodology of survey, questionnaire survey in theory and in practice is described. In the last chapter gained data are analysed with OLS method, Tobit model, probit model and interval regression. Pros and cons of these models and results are commented.
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Comparative analysis of factors influencing children's smoking
Tesař, Tomáš ; Pertold, Filip (advisor) ; Princ, Michael (referee)
Smoking of children definitely is a huge social problem, which many governments around the world try to solve. Some of them are successful, other less. This paper focuses on the USA with the very good situation and, on the other hand, on the Czech Republic, where the situation is not so satisfactory. There are many factors that influence if a child smokes or not. And the main aim of this paper is to find the important factors in the both countries. Other aim is to compare significance of the factors' influence in the USA with the ones in the Czech Republic. Statistical description of datasets from NYTS survey in the USA in 2009 and from GYTS surveys in the Czech Republic in 2002 and 2007 show that there are less than 10% of child smokers in the age of 14 in the USA and the situation in the Czech Republic is getting better, although the amount of children who smoke is still three times higher. The influences of the factors are estimated by LPM methods, probit and logit models. American children are more affected by school class explaining danger and by other people who smoke in their presence, while the Czech children are mostly influenced by smokers among their closest friends and their parents.
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Modelování komoditní vertikály mléka
Lagová, Veronika ; Malý, Michal (advisor)
Práce je rozdělena na 2 části, kde první část se zabývá popisem metodických postupů při sestavování ekonometrických modelů. V této části je také charakterizována daná komoditní vertikála. V druhé části jsou použity zvolené statistické a ekonometrické metody, které jsou pak následně vyhodnoceny. Pomocí těchto metod je určena síla vztahů mezi vybranými ekonomickými ukazateli v komoditní vertikále. Poté jsou jednotlivé modely zhodnoceny k prognóze budoucího vývoje.
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Significant factors of international trade of the Czech Republic with the selected agricultural commodities
Kočí, Martin ; Rumánková, Lenka (advisor) ; Kateřina, Kateřina (referee)
The thesis deals with identifying and quantifying the factors affecting the export of agricultural commodities to the neighboring states of the Czech Republic from 1993 to 2013. The theoretical part is described in detail international trade theory and econometric analysis. In the practical part they are declared elected variables and with the help of the econometric analysis using software Gretl are assessed different models for neighboring States, the Czech Republic and subsequently economic, statistical and econometric verified. Subsequently, these models are evaluated in terms of usability and the individual variables is described by their strength influence on exports of agricultural commodities to neighboring countries.
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