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Sports and Relaxation Centre Vsetín, Ohrada
Kuklínková, Klára ; Kotek, arch Jakub (referee) ; Odvárka, Antonín (advisor)
Diploma thesis of was preceded by a specialized studio focused on the development of urban-architectural design in the area of "Vsetín - Ohrada". The newly created objects have the a task of transform the whole territory, which nowadays deteriorate. The solved area is separated by the highest industrial zone from the edge of the city and after the connection to the urban area. The whole sports complex is conceived as an independent urban complex, mainly linked to the surrounding nature. These are cycle paths that are designed for the entire area. The center is designed for the needs of the population of Vsetín and its catchment areas. Sports, recreational options for all ages. The grassy wall divides the river from the city and reflects the calm zone by the river, and at the same time divides large flat areas. In addition to sports, the area offers wellness, gastro and meeting places. The advantage of this place is cycling trail parallel to the beautiful nature. Moreover, the grassy wall is used to hide service roads and parking spaces. This ensures excellent transport accessibility and supply, but does not interfere with the sports complex. Wall created from excavations of single buildings and demolition works of the original stadium will achieve a safe transition from one sports ground to another, creating a natural observation post and incorporating buildings and sports facilities to become part of the wall and form a single unit. By embedding buildings in the wall, the buildings visually diminish. The embedded sports ground is bounded on two sides by a rampart and the third by a staircase. It can be used as a grandstand, or to enter the ridge of the dike. This minimizes the need for unsightly fencing on each pitch. With the new concept we will meet the requirements of visitors in the given locality and, above all, the attractiveness of the whole area will be increased.
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Functional parameters of biocorridors built in fragmented cultural landscapes due to facilitation of the organism's mobility
Vaškovský, Adam ; Kovář, Pavel (advisor) ; Vojta, Jaroslav (referee)
Human caused landscape fragmentation, accompanied by loss of habitat connectivity, is currently a significant global threat to biodiversity conservation. One possible way to address this problem is to identify, establish and maintain wildlife corridors that connect isolated habitat patches to allow the movement and spread of organisms through the environment. This study based on literature review addresses the identification of relevant factors supporting functionality of wildlife corridors in various scale levels for different species or groups of organisms. Key words: biocorridor, ecoduct, barrier, landscape fragmentation, connectivity, dispersal of organisms, mobility, corridor functionality, landscape ecology
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Frequency connectedness and cross section of stock returns
Haas, Emma ; Baruník, Jozef (advisor) ; Kukačka, Jiří (referee)
The thesis presents a network model, where financial institutions form linkages at various investment horizons through their interdependence measured by volatility connectedness. Applying the novel framework of frequency connectedness mea- sures Baruník & Křehlík (2018), based on spectral representation of variance de- composition, we show fundamental properties of connectedness that originate in heterogeneous frequency responses to shocks. The newly proposed network mod- els characterize financial connections and systemic risk at the short-, medium- and long-term frequency. The empirical focus of this thesis is on the interde- pendence structure of US financial system, specifically, major U.S. banks in the period 2000 - 2016. In the light of frequency volatility connectedness measures, we argue that stocks with high levels of long-term connectedness represent greater systemic risk, because they are subject to persistent shocks transmitted for longer periods. When we assess institutions' risk premiums in asset pricing model, the model confirms the significance of volatility connectedness factor for asset prices. JEL Classification C18, C58, C58, G10, G15, Keywords connectedness, frequency, spectral analysis, sys- temic risk, financial network Author's e-mail 93539385@fsv.cuni.cz Supervisor's e-mail...
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Commodity Connectedness: Short-run Versus Long-run
Jurka, Vojtěch ; Baruník, Jozef (advisor) ; Buzková, Petra (referee)
Commodity Connectedness: Short-run Versus Long-run Vojtěch Jurka Bachelor Thesis, IES FSV UK, 2018 The thesis contributes to empirical literature that studies volatility spillovers among the commodity and equity market, focusing on short-term and long-term linkages between them. Studying the persistence of volatility transmission is helpful for understanding the information flow, which is crucial for risk management and regulators. The persistence of volatility linkages represents how quickly information can be processed by markets. In this work, we explain the theoretical background of connectedness measures proposed by Diebold and Yilmaz (2012) and show the relationship with measures defined in the frequency domain by Baruník and Křehlík (2018), that allows us to distinguish between short and long persistent shocks in volatility of markets. We continue with the analysis of volatility transmission among stock market and key commodities which represents various sectors of the commodity market. Our first key finding is that in the period 1993- 2015 spillovers among markets more than doubled and persistence of connections have increased. Using a rolling sample over 250 days, we evaluate rich dynamics of connections between equity and commodity sectors. The dynamic analysis reveals that the global financial...
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Applications of modern spectral tools in financial econometrics
Křehlík, Tomáš ; Baruník, Jozef (advisor) ; Hanousek, Jan (referee) ; Croux, Christopher (referee) ; Wang, Yao (referee)
Spectral tools in econometrics have lately experienced a renewed surge in interest. This dissertation contributes to this literature by providing conceptually different spectral-based methods and their applications to problems of modern economics. In the first part, we take a spectral decomposition of realized volatility and construct a multivariate GARCH style model that we fit by standard quasi-maximum likelihood and generalized autoregressive score procedures. We build our model on a belief that market agents obtain information in various time horizons and therefore form their expectations in various informational horizons. This behavior creates an overall volatility process that is a mixture of spectrum specific processes. We then apply the model to the currency markets, namely GBP, CHF, and EUR. With the help of the model confidence set test we show that the multi-scale model and the generalized autoregressive score based models produce forecasts that are in most cases superior to the competing models. Moreover, we find that most of the information for future volatility comes from the high frequency part of the spectra representing the very short investment horizons. In the second part, we provide a spectral decomposition of a system multivariate connectedness measure based on Diebold and Yilmaz...
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Connectedness of high-frequency data
Petras, Petr ; Křehlík, Tomáš (advisor) ; Maršál, Aleš (referee)
This work combines discrete and continuous methods while modeling connect- edness of financial tick data. As discrete method we are using vector autore- gression. For continuous domain Hawkes process is used, which is special case of point process. We found out that financial assets are connected in non- symmetrical fashion. By using two methodologies we were able to model bet- ter how are the series connected. We confirmed existence of price leader in our three stock portfolio and modeled connectedness of jumps between stocks. As conclusion we state that both methods yields important results about price nature on the market and should be used together or at least with awareness of second approach. JEL Classification C32, G11, G14 Keywords Vector Autoregression, Hawkes process, High- frequency analysis, Connectedness Author's e-mail petr.petras@email.cz Supervisor's e-mail krehlik@utia.cas.cz
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The Fictional World of Sapkowski´s Witcher
VINICKÝ, Tomáš
The bachelor thesis is focused on fictional world of Andrzej Sapkowski in a way, in which has the author created it for his series of books called The Witcher Saga. Thesis is presenting a concept of narrative semantics in a way how does Lubomír Doležel explain it in his book Heterocosmica fiction and possible worlds. What follows after mentioning of his concept is the analysis of Sapkowski's world with some of the methods presented by Doležel. It becomes clear that if there is some repetitive element in The Witcher Saga, it is definitely connectivity, whether it is link to the real world, another fictional world or The Saga itself.
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