This paper studies whether the dynamic behavior of real GDP, unemployment and inflation is systematically affected by the timing of elections and by changes of governments in the Czech Republic. Two basic models of political cycles are tested – the political business cycle models and the...

The coordination of the economic policies of the EU Member countries started in the early 90´ s has become a permanent feature of the European integration process. Gradually a rather complicated mechanism has evolved aiming to combine and complement policies pursued at EU level with policies...

The publication Privatization without Capital consists of three studies linked by an institutional view on selected issues of the Czech economic transformation. In the first paper, Karel Kouba presents the theoretical background of liberalization stabilization and privatization policies in...