In their recent paper, Boldrin and Montes (2005) analyze the "return on human capital investment" theory and show that if borrowing for education is not possible, then a combined public education and pension system that uses lump sum taxes and transfers can replicate the first-best decentralized...

Edited by František Turnovec, a 52-page booklet containing a wealth of general information and economic facts and forecasts by a team of CERGE and EI economists.

The annual CERGE-EI economic survey of the Czech Republic provides an overview of the country's recent economic and political developments, as well as its major institutions, business environment, taxes, and other public policies. It also contains a host of data on the Czech Republic and other...

Edited by František Turnovec, the Director of CERGE, and including contributions from several CERGE and EI economists, this 64-page booklet continues the tradition of the 1996 publication (see below). Its chapters cover various areas of the Czech economy (macroeconomy, microeconomy, foreign...

As it used to happen in the past years, CERGE-EI's annual summary was published in December 2001. Dr. Jan Hanousek, Director of CERGE-EI, and Dr. Lubomír Lízal, Deputy Director for Research were this year's editors. All articles were written by members of CERGE-EI faculty and researchers,...

After the turbulent post-election political development in the second half of 2006, the new government set out to implement a series of reforms. The annual CERGE-EI economic survey of the Czech Republic, edited by Dr. Peter Katuscak and Dr. Petr Zemcik, provides a detailed description of the...

This year, the annual CERGE-EI economic survey of the Czech Republic focuses on the proposed fiscal reform and the imminent EU entry. The survey, edited by Dr.Stepan Jurajda and Dr. Libor Dusek and authored by a number of CERGE-EI faculty and junior researchers, covers all aspects of recent...