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Uncertainty and House Prices: Empirical Evidence
Kos, Jiří ; Horváth, Roman (advisor) ; Hlaváček, Michal (referee)
This thesis studies the relationship between house prices, economic fundamen- tals and uncertainty using panel data from 10 OECD member countries and time series data from the United States. Traditional techniques, such as coin- tegration testing, are used to find a possible long-run link between house prices and their determinants. Employing both single-equation ARDL and multi- equation VEC models, we find evidence of a possible long-run relationship between house prices and fundamentals in the panel data. The results from the time series analysis are inconclusive, mostly leaning towards no presence of cointegration. A measure of interest rate is a vital determinant in most mod- els., while income does not exhibit a long-run connection with house prices. Moreover, results indicate the importance of uncertainty in determining house price dynamics, exhibiting both negative and positive effects. JEL Classification C22, D80, R20, R21, R28, R30, Keywords house prices, uncertainty, cointegration, eco- nomic fundamentals, interest rate Title Uncertainty and House Prices: Empirical Evi- dence
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Technical project for a camera system i a mountain hotel offering digital and analoque camera alternatives
Tománek, Jiří DiS ; Kos, Jiří (advisor)
The thesis deals with a project of camera observation system for a mountain hotel. The project design goes from the enclosed lay-out plans of the building and from the camera system's requirements. It describes the solutions with analog CCTV cameras and with digital IP cameras. Graphic instruments as a Digital Video Recorder for analog system and as a high-powered computer for digital system are optimised to the number of cameras and the requirements on recording. The thesis describes all hardware and software used for execution of the project including the setting and bonding. The costs of single options and time needed for execution of the project are displayed in charts. The final part of the thesis explains the designed camera systems and their costs and describes their advantages and disadvantages.
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Business Intranet of Ferona
Kos, Jiří ; Voříšek, Jiří (advisor) ; Pecha, Tomáš (referee)
Information management has begun to gain importance very fast during the time of internet business, auctions, stock exchanges, in the time of increasing number of international companies. Nowadays very often mentioned topics are how to obtain and deliver right information at the right place in the right moment, how to communicate with business partners, collaborators, superiors. Intranet belongs among devices for information management and I deal with just this theme in my diploma work. The defining of Intranet belongs to main aims of this text i.e. terminology, elements, principals of function, current trends and also giving instructions for building or reconstruction of company intranet. The detailed study of current trends during building company information system, case studies and instructions according to "Best practices" was the way how to achieve defined goals. I gathered information mainly from internet information sources which deal with this topic, mainly from foreign servers. I can see the contribution of my diploma work that it tries to give instructions for managing the project building company intranet, its timing and it draws attention to critical factors of success. The suggestion of new appearance of company intranet is the culmination of my diploma work. The work is clearly structural -- I present the explanation about problems of company information system in the theoretical part, in the practical part I deal with finding out of main lacks and formulation demands of new appearance of company intranet and at the same time I suggest possible new appearance. I evaluate achieving defined objectives and sum up main ideas in the conclusion.
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