The 2011/12 survey PIAAC is analyzed regarding the formation of skills (literacy, numeracy and information technologies) by family background, gender and age, and regarding the relationships between skill levels and education of adult population in the Czech Republic. The impact of the family...

This paper deals with allocation of financial resources from selected operational programmes among Czech regions and assess whether a regional innovation paradox occurs in the Czech Republic. Regional innovation paradox expresses a state when some regions with lower innovation performance and...

This paper investigates the nature of the Czech intra-industry trade (IIT) and its labor market determinants. In the analysis of IIT its decomposition into vertical and horizontal components is used. The Czech Grubel-Lloyd Index of 75 % at the SITC 2 digit level is still somehow lower than the...

The Czech Republic has introduced new energy taxation in connection with implementation of the directive 2003/96/EC, restructuring the Community framework for the taxation of energy products and electricity. New energy taxes are imposed on electricity, solid fuels and natural gas, with term of...

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 Czech Parliament approved a wide-ranging reform of direct taxes in 2011. Absent other legislative changes, the reform will come into force on January 1, 2015. We evaluate its impacts on the tax burdens and the average and marginal tax rates in a representative sample of Czech individuals and...

This paper aims at finding out, whether the previous experience in Ukrainian construction sector increases the probability of doing the same job in the Czech construction sector. We assume that the integration of Czech and Ukrainian construction sectors led to the creation of structural channels...

This paper deals with the spatial relationship between national and European regional policies. Spatial coherence of these two types of policies in two CEE countries – in the Czech Republic and Slovakia – is discussed. Our findings point at a higher spatial coherence of national and European...

The paper present a simple model of the future development of incomes and expenses of the old-age pension system in the Czech Republic (so called 1st pillar). The projection is based on the results of the latest available population projection published by the Czech Statistical Office in 2013....

The paper discusses the phenomenon of long-term real equilibrium appreciation of the koruna in the context of economic, i.e. nominal and real convergence. The real appreciation can take place either through a nominal exchange rate channel or through inflation differential channel vis-á-vis the...