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Demand for gas: Evidence from the 2022 energy crisis
Stuchlík, Jan ; Pertold-Gebicka, Barbara (advisor) ; Opatrný, Matěj (referee)
This thesis analyzes the effects of the 2022 energy crisis on changes in consump- tion patterns among Czech households, with the main focus on natural gas and other energy sources. We captured the effects using income and cross-price elas- ticity of expenditure shares of various goods. We calculated these elasticities from estimated parameters of a quadratic almost ideal demand system. The system parameters were estimated using the iterated feasible generalized non- linear least squares method on household-level data collected by PAQ Research. Demand for gas is income-elastic during the energy crisis, contrasting with other energy sources. Households made significant adjustments to their consumption of luxury goods and necessities in response to the high energy prices. The cross- price elasticity estimates show a decrease in expenditure shares of luxury goods and distant heat in relation to higher gas prices. Reduced healthcare and trans- port expenditure shares and increased solid fuels expenditure shares are related to higher electricity prices. In response to rising prices of necessities, households generally decrease expenditure shares of luxury goods. Households' reactions to the energy crisis are heterogeneous among socio-economic groups.
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Dopad energetické krize na chování spotřebitele v oblasti stravování
Majerová, Jana
This Bachelor theses focuses on the impact of energy crisis on consumer be-haviour in food consumption. The theoretical part describes concepts related to consumption behaviour. Theoretical part also includes energy crisis description, its development and impact on consumer. Practical part includes the analysis of results of the questionnaire survey.
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Assessing the determinants of inflation rate in European countries
Wu, Wanru ; Holub, Tomáš (advisor) ; Dědek, Oldřich (referee)
This thesis assesses the determinants of inflation rate in European countries, including data from 2010 to 2022. The existing research didn't include data during the pandemic and war between Russia and Ukraine, two crises causing unexpected rises in the inflation rate. Using panel data in R studio, the results suggest that GDP per capita influences inflation the most, oil price also plays an important role, and the base interest rate and unemployment rate also influence the inflation rate. In addition, GDP per capita is a negatively related variable. The unemployment rate negatively affects the inflation rate. The change in oil price is positively related to the inflation rate, and it is the only positive variable.
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Feminist Electrifying Art as Challenging People to (Re)think Their Relationship to Electricity
Chauvette, Daphnée ; Lorenz - Meyer, Dagmar (advisor) ; Jiroutová Kynčlová, Tereza (referee)
Feminist Electrifying Art as Challenging People to (Re)think Their Relationship to Electricity Abstract The need for decarbonization of energy production and the war in Ukraine has emphasized European's dependency over Russian oil and accelerated attention to the issues of the energy crisis in Europe. In Quebec, as electricity is powered mainly from hydropower, decarbonization has evaded proper considerations forgetting how this invasive energy production comes from and benefit settler colonialism. The pressing needs to address the energy crisis highlights its complexity and ongoing (mis)conceptions of electricity and its system within the general population. Electrical anthropologists have problematized western societies' understanding and conception of electricity as essential to (re)think our energy futures. Through an analysis of two case studies based on works of electrical art created by two women artists, this thesis analyzes how these works of art potentially challenge male dominant STEM practices by attending to the complexities and interconnectedness of electricity, its system, and the environment. The thesis argues that participants/listeners/viewers are challenged in their relationship to electricity (and its system) towards more responsible and response-able approaches. Drawing on feminist...
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