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Does minimum wage increasing unemployment? Determinants of unemploymet in the Czech Republic
Frejlich, Petr ; Stroukal, Dominik (advisor) ; Brožová, Dagmar (referee)
The thesis analyzes an effect of raising the minimum wage and other variables on unemployment rate in the Czech Republic in 2006-2015. The empirical part is based on available time series, which were used to estimate models of unemployment for both women and men, including differently specified models and a model of overall unemployment. The time series used in regression models were adjusted for seasonality. Main hypothesis of this thesis was, that there is a positive correlation between raising the minimum wage and unemployment rate. Exogenous variables used in the models were chosen based on economic theory and existing literature. Results show, that there was no statistically significant relationship between the minimum wage and unemployment rate in the studied period. It was confirmed that there is a negative effect of GDP growth rate and inflation rate on unemployment rate, while unemployment benefits seem to have a positive effect
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Do the social benefits increase fertility? The analysis of the Czech Republic
Frejlich, Petr ; Komrska, Martin (advisor) ; Čermáková, Klára (referee)
This paper analyzes the impact of selected factors on the fertility in the Czech Republic. It estimates basic and additional econometric models. The basic models are estimated on a dataset, which is composed of data from the 2004:01 -- 2013:12. Furthermore, additional estimated models are composed of data from 2004:01 -- 2012:03. The main determinants of the dependent variable (fertility) are men's wages, women's wages, men's unemployment, women's unemployment, child allowances, parental allowance, childbrith, social benefit and education of women. Determinants of fertility are based on previous studies and Becker's theory of demand for children. The results of the estimated models show that in the reviewed period most of the social benefits have positive impact on the fertility.
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