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Problems with the Phillips curve in developed economies
Krupička, Michal ; Babin, Jan (advisor) ; Slaný, Martin (referee)
My bachelor thesis focuses on the problems of the Phillips curve. Theoretical part is monitoring the development of the Phillips curve. In this part I describe the process of examination of this problem, that had begun a long time before introduction to work of A. W. Phillips. There are also mentioned works related to the Phillips work that were published after his paper and also some of the critics of the model. In practical part I constructed models to verify validity of the Phillips curve. Data of the Czech Republic and the United States of America were used in this part. Conclusion of practical part confirms that the validity of the Phillips curve is quite limited and that the practical use of the Phillips curve to influence the economy is not possible with this model.
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Progress of selected economic indicators
Bieliková, Nikol ; Löster, Tomáš (advisor) ; Arltová, Markéta (referee)
This bachelor's thesis is focused on selected macroeconomic indicators - gross domestic product, rate of inflation and rate of unemployment. Analysis of selected indicators within the European Union, mainly for Czech Republic, Slovak Republic and Germany was carried out. The theoretical chapter is divided into three parts. In the first part, macroeconomic indicators were described, the second part is focused on selected countries of the European Union and in the third part time series were analyzed. In the practical chapter the present and future progress of these indicators in selected countries and total EU for the years 2011 and 2012 was analyzed and forecast.
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Impacts of the crisis in the EU according to the fulfilment of the Maastricht criteria
Koutňák, Michal ; Hnát, Pavel (advisor) ; Vrňáková, Irena (referee)
This bachelor thesis analyses if the process of the fulfilment of the Maastricht criteria between the years 1997 and 2007 affected the course of the global financial crisis from 2008 to 2011 in the European Union countries. States are divided into four logical groups -- the original members of the euro zone, enlargement of the euro zone, countries with a permanent exception of joining the euro zone and the other European Union countries. The first part analyses how and which countries had been meeting the Maastricht criteria till the beginning of the global financial crisis. The second part describes how fulfilling the Maastricht criteria have changed when the crisis started and how the unemployment and the growth of real GDP have changed. The objective of my assignment is to determine whether exists a relation between meeting the Maastricht criteria before the crisis and the impacts of the crisis of stated countries. The conclusion summarizes how certain groups of countries differ from each other according to the fulfilling the Maastricht criteria and how the economies have reacted to the crisis.
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Development of economies of the Czech and Slovak Republic in the last twenty years
Ptáčníková, Veronika ; Abrhám, Josef (advisor) ; Jeníček, Vladimír (referee)
The goal of my thesis "Development of economies of the Czech and Slovak Republic in the last twenty years" is not only to assess and compare the economic development of Czech and Slovak Republic in the last twenty years, but also outline the economy of Czechoslovakia as a whole to have an idea of the citations and the context of the time. I only compared the development in the two economies, then also in relation to the EU. I divided the whole work into three chapters according to the various stages of development in the Czech and Slovak economies. In the first chapter, I proceed from a brief description of Czechoslovakia, ie. its creation and subsequent development up to 1989, through the transformation of the economy, focusing on the initial state of the economy, the basic operations carried out and macroeconomic page of the transition itself, to the split of Czechoslovakia into two independent states. The following chapter focuses on the characteristics of a separate economic development of the Czech and Slovak Republic until 2004, when both countries joined the EU. The final chapter then deals with the European Union, the Maastricht criteria before joining the EU and development of the economies after the entry into the Union with regard to the entry of Slovakia into the eurozone.
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