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Consumption over the Life Cycle: Evidence from the Czech Republic
Cahlíková, Jana ; Zápal, Jan (advisor) ; Hlaváček, Jiří (referee)
The main goal of this thesis is to analyze life-cycle consumption using Czech microeconomic data from the 2000-2008 Household Budget Survey (HBS). Inspired by Gourinchas and Parker (2002), who analyzed life-cycle consumption on American data, we construct the Czech average household life-cycle consumption and income profiles. It is found that the Czech average consumption profile is increasing over the whole life-cycle and there is no hump-shape in the profile, contrary to the American results. Consumption tracks income early in life and a breakpoint in household behavior is identified at age 45. Czech evidence on household consumption is interpreted in the context of the Certainty-Equivalent Life-Cycle Hypothesis Model and in the context of the Gourinchas & Parker (2002) Model of life-cycle consumption under income uncertainty, which brings a significant value-added for interpretation of the Czech profiles. The household behavior is interpreted by varying strengths of the precautionary (assuring against income uncertainty) and retirement motives for savings over the life. It is found that the Czech household life-cycle behavior can be interpreted in the similar way as the behavior of the US households. JEL Classification: D11, D12, D91, E21 Keywords: Consumption, Life-cycle, Household Behavior,...
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Státní politika v oblasti spotřeby alkoholu
Vičarová, Dana
Bachelor thesis deals with the state of alcohol consumption in the Czech Republic in years 2007 to 2014. Alcohol consumption data are obtained from an official database of the Czech statistical office called Household Budget Survey focusing on households. The factors influencing alcohol consumption are characterized based on household's conditions. The critical factors are found to be household status, type of household, number of children and place of resident. Furthermore, the influence of government regulations on alcohol consumption is analysed in order to provide recommendations for their effective enforcement.
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Spotřebitelské chování na trhu s potravinami a nealkoholickými nápoji
Machařová, Kateřina
The diploma thesis deals with consumer behaviour focusing on market of food and non-alcoholic beverages. It examines the factors and their impact on the expenditures of Czech households. The result of the regression analysis illustrates the impact of individual factors on different categories of food and non-alcoholic beverages. The main source of data for analysis is the results of the Household Budget Surveys from 2007 to 2016. These are supplemented by macroeconomic data and data obtained as results of the primary research based on questionnaire survey. The results are detailed description of the impact of individual factors on household expenditures and recommendation of the market participants.
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Economy of Households
Vaněčková, Lucie ; Vlček, Josef (advisor) ; Sieber, Martina (referee)
(in English): The Bachelor thesis focused on analysis of incomes and expenses of employee's households in the period 2001-2011. After definition of households it deals with their incomes, which divides in terms of origin and discusses the inequallity. Expenses of households are allocated to expenditures and savings. There are observed consumptation's expenditures in terms of structure. The budget of households is defined according to typology and there are described credits. The data, which were being dealt with, are presented in analytical part. Incomes are described in terms of development in the period and in terms of structures: where the wages of emploees are zoomed. Income inequality is monitored by two factors. The structure of households is compared in the terms of time highlighting the most important changes. Household's budget compares income and expenditure in different levels and within households with the lowest and highest income of the sample.
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Consumption over the Life Cycle: Evidence from the Czech Republic
Cahlíková, Jana ; Zápal, Jan (advisor) ; Hlaváček, Jiří (referee)
The main goal of this thesis is to analyze life-cycle consumption using Czech microeconomic data from the 2000-2008 Household Budget Survey (HBS). Inspired by Gourinchas and Parker (2002), who analyzed life-cycle consumption on American data, we construct the Czech average household life-cycle consumption and income profiles. It is found that the Czech average consumption profile is increasing over the whole life-cycle and there is no hump-shape in the profile, contrary to the American results. Consumption tracks income early in life and a breakpoint in household behavior is identified at age 45. Czech evidence on household consumption is interpreted in the context of the Certainty-Equivalent Life-Cycle Hypothesis Model and in the context of the Gourinchas & Parker (2002) Model of life-cycle consumption under income uncertainty, which brings a significant value-added for interpretation of the Czech profiles. The household behavior is interpreted by varying strengths of the precautionary (assuring against income uncertainty) and retirement motives for savings over the life. It is found that the Czech household life-cycle behavior can be interpreted in the similar way as the behavior of the US households. JEL Classification: D11, D12, D91, E21 Keywords: Consumption, Life-cycle, Household Behavior,...
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Analysis of changes of households expenditures in CR
Muchová, Hana ; Svatošová, Libuše (advisor) ; Jaroslav, Jaroslav (referee)
The subject of this thesis is the analysis of household expenditures changes (families with two parents and one-parent families) in the Czech Republic based on CZ-COICOP.
The theoretical part includes types of Czech households, (in)completeness of families, existing findings on the management of Czech households with children and the way how Czech Statistical Office uses to collect and analyze data, terms like income or expenditure of households and classification of individual consumption by purpose.
The practical part consists of evolution of revenue and expenditure of full and not full families witch children in the years 2004-2015, based on CZ-COICOP. Income and expenditures are evaluated not only in real terms, but even more thanks index which shows proportions of every section of expenditure to total household consumption. Last charter is about index of price ganges in European Union during year 2015.
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Analysis of household expenditures determinants in choosen group in CR
Hádek, Martin ; Hálová, Pavlína (advisor) ; Jarmila, Jarmila (referee)
This thesis is focused on identifying major determinants which affect household expenditures in chosen households groups in the Czech Republic between 1993 and 2014. Consumption is analysed on the basis of classification of individual consumption by purpose according to the Czech Statistical Office.
The economic entities, households, consumption, classification CZ_COICOP, Household Budget Survey and macroeconomic indicators are defined in the theoretical part of the thesis. Methodology focuses on defining time series, index analysis and econometric model.
The practical part is divided into three individual chapters. The first chapter is focused on the analysis of the individual variables for the Czech households which are included in this thesis. The second chapter is focused on the construction of two single-equation econometric models. The first is the model of consumption expenditures of households of employees and the second is the model of consumption expenditures of households of self-employed. The third chapter is focused on the analysis of the same variables as in the first part but for the households of EU15 this time. Finally, the analysis results of EU15 are compared with analysis results of the Czech Republic.
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Expenses and consuption of the households
Kašpar, Luboš ; Grosz, Jan (advisor) ; Milan, Milan (referee)
The aim of this thesis is to evaluate the issue and household consumption from several aspects, namely: realize an analysis of the development and structure of expenditure and consumption of households in the Czech Republic between 2006 and 2014 to determine the differences in expenditures and household consumption Czech Republic in urban and rural areas and compare issue and household consumption Czech Republic with selected European Union member states from 2006 to 2014. The analytical part of the thesis is preceded by theoretical-methodological part, which is focused on identifying expenditure and consumption of households by the Czech statistical Office on the issue of reporting households on classification of items expenditures of households by purpose and explanation of the statistical methods of time series analysis using regression and correlation analysis. In the analytical part of the thesis is to further understanding of the behavior of households in the area of expenditure and consumption specifics for each time period and is implemented prediction household expenditures Czech Republic and selected EU countries in 2019.
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Analysis of structural changes in household expenditures
Bespalova, Yana ; Procházková, Radka (advisor) ; Hlavsa, Tomáš (referee)
The present Bachelor Degree work deals with the analysis of structural changes
in household expenditures in the Czech Republic in the years 1999 to 2014. The theoretical starting points define elementary terms linked with separate types of Czech household income, expenditures and the household consumption. The methodological part is characterized by time series, index analysis and characteristics of structural changes.
The analysis proper deals with the statistical examination of the structure of expenditures
in individual consumption according to the purpose of use and the follow-up estimate
of the expenditures in the next period. The work also chooses the best suited models
of the times series. The final part is focused on the comparison of the structure of average consumption expenditures of one individual member of household.
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Analysis of food household expenditures in CR
Karmazin, Miroslav ; Hálová, Pavlína (advisor) ; Jarmila, Jarmila (referee)
The work is focused on Czech households spendings on food and non-alcoholic beverages in the Czech Republic. The main part is examining the share of expenditure on food and non-alcoholic beverages to overall consumer spending and the subsequent comparison with shares in selected countries. Subsequently, the work investigated the saturation level for selected food, which will be compared within the households of employees and self-employed. The last part examines the trend in expenditures Czech households for food.
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