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The Impact of Family Policies on Fertility in the Visegrád Group
Gajdušková, Karolína ; Pleticha, Petr (advisor) ; Votápková, Jana (referee)
This thesis examines the effectiveness of family policies implemented in the Visegrad Group (V4) countries after the fall of communism in 1989 and their impact on the total fertility rate. While previous studies on this topic usually focused on one country or a larger group of countries, this thesis provides a comparative approach that enables a more interpretable comparison of policy effects. We analyzed the effects of seven family policies on fertility in the given countries. We chose the synthetic control method that simulated the evolution of the total fertility rate if the given policy had not been introduced. As a control group, we chose countries that are members of both the EU and the OECD. The findings highlight the diverse outcomes of family policies within the V4 Group. While the Czech Republic was successful in boosting fertility through effective allocation of public finances, Hungary's generous investment in family policies provided relatively limited results. For a long period, Poland did not invest in families much, which has changed in recent years and affected fertility positively, yet only a short-term impact is present. Despite allocating fewer resources, Slovakia has managed to maintain a stable total fertility rate. In summary, the impacts of family policies on fertility vary across...
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Identifying driving factors of coffee prices
Gajdušková, Karolína ; Pleticha, Petr (advisor) ; Šťastná, Lenka (referee)
This bachelor thesis focuses on the price of coffee and the factors affecting it. The study aims to identify these factors to predict price movement. This thesis also answers the question whether the factors observed have the same impact on two coffee varieties: arabica and robusta. There were defined five groups of the factors: supply, demand, climate, commodity market and financial. The effect is observed for annual coffee price data that were obtained from the International Coffee Organization (ICO). The observed period is between 1965 and 2018. The impact of the factors was detected by the ARDL regression, both in the short run and the long run. Based on the results, the price is affected mostly by supply, demand, and financial factors. Moreover, robusta's price specifically is driven mainly by the factors explaining the power of the US dollar. Arabica's price, on the other hand, is affected by the supply and demand factors: exports, and the growth of GDP. This finding supports the claim that these two coffee varieties should be considered as two different commodities. The results suggest that the establishment of an association of the biggest coffee producers regulating coffee exports would help in control of coffee prices.
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