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Impacts of President Reagan´s Economic and Political Conception on the US Economy Development
Pavlov, Adam ; Šlajs, Jan (advisor) ; Bednář, Milan (referee)
The purpose of my bachelor thesis is to prove, that supply-side theory and policy conducted by Ronald Reagan during 1980´s provided good economic results, while creating conditions for healthy economic growth and helped to secure the positon of the United State of America on international political area. In the theoretical section I deal with putting the situation of United State of America in to the post-war context, which is essential for understanding the economic and political situation. Further I present the theoretical basis, which created foundation of Ronald Reagan policy. In the practical section I utilize the induction and deduction methods for analyzing empirical data, further I utilize contextual analysis in order to interpret policies conducted by Ronald Reagan.
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Reception of the new economic theories in economic programme of the british Conservative Party between 1966-1982
Pučelík, Karel ; Váška, Jan (advisor) ; Kasáková, Zuzana (referee)
This work aims to analyze economic policy of the Conservative Party in Great Britain between 1966-1982. This range of years i selected because of the change of party leader. This changes brought new economic policy. In the first part of this work, there are introduced economic theories, which influenced economic policy of the second half of the twentieth century. As these theories are mentioned the keynesian economy, which was replaced with liberal economic theories. In the second part, ther are analyzed manifestos and government policy of the conservatives. The main sources of this part are the party programmes. In the begining of the chapter is analysed economic policy during the leadership of Edward Heath. His economic policy seems to be consensual. Although Heath defined his government as cabinet of changes, the political practise did not changed. Deeper changes were brought by Keith Joseph and Margaret Thatcher.
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Velocity of money and its relevance for monetary policy
Boháčik, Ján ; Koderová, Jitka (advisor) ; Metrah, Samy (referee)
The thesis discusses some issues on the topic of money velocity. Its goal is to summarise theroretical contributions in this area, which are followed by a practical application through the monetary analysis of the Slovak Republic from 1993 to 2000. The theoretical part involves the first approaches to money velocity, explanation of the quantity theory of money and monetarism and their critique. It also describes the monerary transmission mechanism. The practical application part evaluates the impact of the stability of money velocity on the decision of the National Bank of Slovakia to abandon monetary targeting. It also focuses on the other variables that influenced monetary policy execution. The last chapter is devoted to the importance of money velocity if the central bank uses inflation targeting as its policy.
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Global Economy Outlook - January 2015
Česká národní banka ; Sekce měnová a statistiky ; Odbor vnějších ekonomických vztahů
The November issue of Global Economic Outlook presents its regular overview of recent and expected developments in selected territories, focusing on key economic variables: inflation, GDP growth, leading indicators, interest rates, exchange rates and commodity prices. Analysis "The effect of oil prices on inflation from a GVAR model perspective" deals with the effect of oil prices on inflation from a GVAR (global vector autoregression) model perspective. This model framework shows that a fall in oil prices leads to an increase in anti-inflationary pressures, especially in the short run. If a country reaches the zero lower bound on monetary policy interest rates, a fall in oil prices can be expected to have a much greater impact on inflation according to this model.
Fulltext:  PDF; PDF
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The Chicago School of Economy Thought
Holčáková, Tereza ; Holman, Robert (advisor) ; Mičúch, Marek (referee)
The work inquires into one of the most famous schools of economic thougth, (which had been) founded in the second half of the 20th century. Liberal attitude and conservative wiews excercised by its members strongly oposes keynesianism and its politics of state influence on economics. Chicago school represents powerful ideological outlook, importance of which is expressed by a particular number of Nobel awards, earned by its representatives. This school has had a great impact on economic policy of many countries. Its representatives started applying economy in until that time non-typical areas, and by this set in motion further progress of economic theories. The main aim of my work is to impartially recapitulate main representatives and sum up their works, metodology , ideas and views and particularlly reflect their general relevance for the Word of today.
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