|
|
Energy audit
Miesler, Zdeněk ; Blasinski, Petr (referee) ; Horák, Petr (advisor)
My diploma thesis is focused on processing of an energy audit of an apartment buil-ding in accordance with the Decree 480/2012 Coll. as amended. In the theoretical part I deal with the revitalization of residential and prefabricated houses both in classical ways and with modern technologies. In the practical part is processed analysis of ener-gy consumption of the apartment building in Kyjov in the initial state. In the last part is the energy audit of the apartment building, where are suggested precautions and then proposed the option for implementation.
|
|
|
Energy audit
Miesler, Zdeněk ; Blasinski, Petr (referee) ; Horák, Petr (advisor)
My diploma thesis is focused on processing of an energy audit of an apartment buil-ding in accordance with the Decree 480/2012 Coll. as amended. In the theoretical part I deal with the revitalization of residential and prefabricated houses both in classical ways and with modern technologies. In the practical part is processed analysis of ener-gy consumption of the apartment building in Kyjov in the initial state. In the last part is the energy audit of the apartment building, where are suggested precautions and then proposed the option for implementation.
|
|
|
The ECB, Austerity and the Fiscal Multiplier: A meta-regression analysis of Fiscal Multiplier Estimates in ECB Policy Recommendations
Brüsewitz, Caspar Gerbrandt ; Baxa, Jaromír (advisor) ; Havránek, Tomáš (referee)
The primary aim of this thesis is to examine whether the policy recommendations made by the European Central Bank in response to the financial crisis of 2008 were biased towards fiscal consolidation. It posits that such policies, commonly known as austerity, were underpinned by estimates of the fiscal multiplier that were lower than those of international and independent researchers. To analyse this, it provides a systematic overview of the ECB's fiscal multiplier estimates by performing a meta-regression analysis on all ECB working papers making multiplier estimates published between 1992 and 2012, and comparing the results against those of a larger dataset containing multiplier estimates made. It finds that the multiplier estimates of the ECB are significantly lower than the norm, which is potentially suggestive of bias. This thesis contributes to the literature on ideational bias in economic policy-making by providing a systematic literature review that helps inform the discussion on austerity in the EU. It also servers as a replication and expansion of previous meta-regression studies on the fiscal multiplier, by being the first study that specifically examines the estimates of a specific institution.
|
|
|
Inherent instability of financial markets
Hladík, Jan ; Buben, Radek (advisor) ; Znoj, Milan (referee)
The main aim of this presented diploma thesis is to help build a systematic understanding of the political and social foundations of global financial markets, their operations and impacts on the global power affairs. The thesis highlights the dynamic complexity of the post financial crisis state of the World with its itra- and inter-social features. It instrumentaly uses critique of a free market agenda and neo-classical economy which contrasts the Efficient Markets Hypothesis with Hyman Minsky's Financial Instability Hypothesis (FIH), taking into account the dynamic complexity of financial markets. This approach offers analytical tools that can account for crisis through processes endogenous to contemporary financial capitalism. I shall argue that a financially complex system is, according to the FIH, inherently flawed and unstable. After a theoretical and historical review, the thesis discusses various aspects of the process of austerity regime and its social consequences. This provides an opportunity for analyses of the ongoing existence of interstate competition, of militarised foreign policy, and of other international, at times violent conflicts. In an effort to make sense of some of these phenomena, I instrumentaly use the study of geoeconomics that builds on some fundamental assumptions...
|
|
|
Fiscal consolidations and their effects on income inequality. An empirical analysis of the distributional effects of austerity, using a novel approach to identify consolidation compositions
Scheibe, Conrad ; Baxa, Jaromír (advisor) ; Douarin, Elodie (referee)
This thesis investigates the effects of fiscal consolidations on income inequality. Although fiscal consolidations have become a popular economic research topic, their effects on income inequality, which itself has gained broad popularity lately, are relatively unexplored. Therefore, this thesis econometrically assesses the development of Gini coefficients during and after austerity measures. The paper applies regression analysis with panel data techniques using a sample of 17 high-income countries during the period of 1978 - 2009. It finds that a consolidation, measured by a deliberate improvement of the primary budget balance significantly increases income inequality of the referring country. In detail, an improvement of the primary budget balance about one percent of GDP is associated with an increase in market income inequality of 0.6% and a smaller increase in net income inequality in the year after. Moreover, this thesis explores the discretionary effect of different consolidation compositions. To do so, it introduces a novel approach to differentiate between consolidations that are either exclusively undertaken through spending cuts, tax increases or a combination of both. Thereby, it is found that especially tax-only consolidations tend to be equality-friendly but also rather small in size...
|
|
|
When Austerity Didn’t Work: A Case Study of Greece
Stamatiadis, Andreas ; Chytilová, Helena (advisor) ; Prokop, Jaromír (referee)
The aim of this thesis is to evaluate the austerity measures implemented by Greece during the Eurozone sovereign debt crisis. After providing information on the structural deficiencies of the Greek economy and how they created the crisis and affect economic growth, this thesis provides academic literature and empirical research on the austerity effects on the Greek economy and the Greek people. Furthermore, it criticizes austerity and the fallacies of the IMF, while also debating the Keynesian and supply-side approaches. The results show that albeit remarkable achievements in fiscal consolidation, austerity caused an ongoing recession, while failing to tackle existing structural problems of the Greek economy and increasing regional inequalities and deterioration of the Greek peoples physical and mental health.
|
|
| |
guest ::
