The Czech Economic Association, in co-operation with the Czech National Bank, organised a public seminar on ?The State of the Phillips Curve,? which featured a lecture by Professor Laurence Ball, in Prague in April 2001. Professor Ball, a professor of economics at John Hopkins University, began...

The impact of different financing alternatives on two simple models of the university system is analysed in this paper. Both models are agent - based, the reason is that we analyse a system of heterogeneous universities instead of a representative university. Models differ in the rules for the...

The text considers one of the prevailing dilemmas for the time being practical valuers of assets are exposed to - the operability of market value in terms of International Valuation Standards. The issue is considered theoretically, practical impacts are outlined as well. Considering the...

The impact of different financing alternatives on dynamic model of the university system is analysed in this paper. Model is agent – based, the reason is that we analyze a system of heterogenous universities instead of a representative university. Heterogeneity of universities is not in...

In this paper we construct a supply function of university education, i.e. the dependence of the supply (the number of places for students) on its price, i.e. on the revenue of university (either from scholarship or from state support) per student. We derive our results from an optimization...