The study brings a new approach to the problem of the currently low use of financial rehabilitation methods in Czech economic reality. We examine several aspects of this problem, but consider the main problem to be the fact that entrepreneurial subjects enter into insolvency proceedings with a...

The purpose of this paper is to create a financial fragility model for the Czech financial sector. We adapt the Goodhart-Tsomocos model which is based on general equilibrium with incomplete markets, money and default. The calibration of the model is based on publicly available data from the...

The issue of ageing is usually understood as a cultural and social problem in the developed countries. When addressed by economists, demographic questions are most frequently related to the pension reform or to the costs of healthcare. However, the effects of demographic change on productivity...