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Comparison of public budgets in various political cycles in Czech republic between years 1993 - 2015
 Masařík, Jan ; Zajíček, Miroslav (advisor) ; Maule, Petr (referee)
The aim of the thesis is to examine possible connections between economic results of public budgets, especially the most important part-state budget, and the course of the political cycle in Czech republic between years 1993 and 2015. The theoretical part is based on the Public choice theory, Theory of public finance and Political-business cycle theory. The practital part focuses on analysis of political situation in each political cycle and then on association with public and state budgets revenues and expenditures, their growth rate and the business cycle. Results of the analysis show that deficits of state budget are predominantly structural based. Moreover, a tendency to influence election results through released fiscal policy is also noticeable in some political cycles, which is consistent with the political-business cycle theory.
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2 Masařík, Jakub
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