The Czech Republic has undergone a profound political, economical and social transformation in the past few decades. The changes that have occurred in society showed strongly in the change in the demographic behaviour of society and the change in the general population climate. The transition to...

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 ageing of population and its economical, social and political consequences is a topic very frequently discussed. This paper contains the analysis of consequences of the ageing of the Czech population during this century based on the population projection using the latest available data...

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...

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...

Publications in foreign or domestic scientific journals are an important part of research output. And so is the citation feedback on these publications, which is done by other scientists in this field of science. One of the tools which can effectively and impartially evaluate the publication and...

Panel data are increasingly being used in both macro- and micro-level studies of economic problems. Macro-panel data (i denotes countries) are characteristic by sufficiently long time series to be able to analyze panel spurious regression and panel cointegration. According to the main stream of...

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...