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Lajtkepová, Eva - In: Acta Oeconomica Pragensia 2010 (2010) 1, pp. 3-20

The minimum wage has been a controversial issue since 1912, when Massachusetts (USA) passed the first state minimum wage act. The Czech Republic has had a statutory national minimum wage since 1990 (Act no. 65/1965 Coll., or the Labour Code; the specific minimum wage levels and the conditions for...

Persistent link: https://www.econbiz.de/10008500688

Institutional aspects of labour market

Tvrdoň, Michal - In: Politická ekonomie 2008 (2008) 5, pp. 621-642

, taxation of labour, active labour market policies, the system of unemployment benefits. On the basis of these institutional … flexibility. Attention is also paid to influence of these institutional aspects on employment or unemployment. …

Persistent link: https://www.econbiz.de/10008752935

Macroeconomic balance of the czech economy in the years 1995-2005

Spěváček, Vojtěch - In: Politická ekonomie 2006 (2006) 6, pp. 742-761

The study is focused on macroeconomic stability of the Czech economy. The first part (methodological) stems from the system of national accounting which offers two approaches: from the point of view of relationship between domestic supply and demand and between savings and investments....

Persistent link: https://www.econbiz.de/10005036641

Intertemporal approach to the balance of payments: relationship between savings and investments in the rich, poor and transition countries

Brada, Josef C.; Mandel, Martin; Tomšík, Vladimír - In: Politická ekonomie 2008 (2008) 2, pp. 147-161

The paper analyses the intertemporal approach to the balance of payments which is based on the intertemporal approach to the relation between domestic saving and investment. A key element of the presented analysis is whether world capital mobility is high enough to hold a condition that the...

Persistent link: https://www.econbiz.de/10005036654

Credit and Household Consumption

Pašalièová, Renata; Stiller, Vladimír - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 11-12, pp. 520-540

The paper emphasizes how changes in credit conditions in the Czech Republic are likely to influence aggregate consumption. Aggregate consumption plays an important role in macroeconomic fluctuations and in the transmission mechanism. Czech household debt has increased in the past five years. The...

Persistent link: https://www.econbiz.de/10008549889

Hypotéza permanentního dùchodu a kupónová privatizace v ÈR

Hanousek, Jan; Tùma, Zdenìk - In: Czech Journal of Economics and Finance (Finance a uver) 52 (2002) 7-8, pp. 408-427

This paper uses a specific experiment — „voucher privatization“ in the former Czechoslovakia — to test the permanent income hypothesis of consumer behavior. Voucher privatization (the mass privatization of state-owned assets through publicly offered vouchers) led to an unexpected...

Persistent link: https://www.econbiz.de/10008549927

Determinantes económicos de la decisión de emigrar

Arocha González, Manuel - In: Entelequia. Revista Interdisciplinar (2007) 4, pp. 71-78

The purchasing power's difference between currencies appears to trigger a person to make the decision of emigrating, but it does not look to be the only one. European Union enlargement, immigration policies, as well as different personal and/or psychological reasons, have modified migrations...

Persistent link: https://www.econbiz.de/10005430354

Macroeconomic development of the Czech republic in the years 1996-2004

Spěváček, Vojtěch; Vintrová, Růžena; Hájek, Mojmír - In: Politická ekonomie 2006 (2006) 2, pp. 147-169

Economic growth of the Czech Republic differed strongly in two periods: 1996-1999 and 2000-2004. While in the first period the economy was hit by the recession and the average annual rate of growth of GDP reached only 0,9 %, in the second period the growth accelerated to 3,2 %. The economic...

Persistent link: https://www.econbiz.de/10005036696

Growth, Stability and Convergence of the Czech Economy in the Years 2001-2008

Spěváček, Vojtěch; Vintrová, Růžena - In: Politická ekonomie 2010 (2010) 1, pp. 20-50

Economic growth of the Czech Republic strongly accelerated in the years 2005-2007. Substantial decline of economic activity took place at the end of 2008 and in the year 2009. On the supply side the main contributing factors were labour and total factor productivity. On the demand side the...

Persistent link: https://www.econbiz.de/10008509955

Analysis of the Indicator NAIRU on the Sector Level

Kadeřábková, Božena; Jašová, Emilie - In: Politická ekonomie 2011 (2011) 4, pp. 508-525

, because they can deepen or moderate volatility of the economic cycle. The article aims at mapping the rate of unemployment in … comparison of the actual rate of unemployment with the average value NAIRU was used for the specification of the economic cycle …. We compare the rate of unemployment, NAIRU and unemployment gaps in sectors with the average value on the national level …

Persistent link: https://www.econbiz.de/10009293717