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Minimum Wage and Labour Market
Lajtkepová, Eva - In: Acta Oeconomica Pragensia 2010 (2010) 1, pp. 3-20
The minimum wage has been a controversial issue since 1912, when Massachusetts (USA) passed the first state minimum wage act. The Czech Republic has had a statutory national minimum wage since 1990 (Act no. 65/1965 Coll., or the Labour Code; the specific minimum wage levels and the conditions for...
Persistent link: https://www.econbiz.de/10008500688
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Selected Problems of the Economic Politics during the Government of H. Müller (u
Stellner, František; Soběhart, Radek - In: Acta Oeconomica Pragensia 2008 (2008) 1, pp. 99-107
In 1928 was appointed the last coalition democratic government which aim was to deal with growing economic problems of the Weimar republic. The so called "Great coalition" failed to come to agreement on solution of the most important questions: social policy, fiscal policy, reparations and the...
Persistent link: https://www.econbiz.de/10005036394
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Regional Convergence, Divergence and Other Aspects of Distributional Dynamics of European Regions in the Period 1992-2006
Novotný, Josef - In: Politická ekonomie 2010 (2010) 2, pp. 166-185
The paper provides an exploratory analysis of regional dynamics among 264 NUTS2 EU-27 regions over the period 1992-2006. Seven different regional indicators are analyzed including wages, household expenditures, retail sales, investments, productivity, GDP, and GDP adjusted for international...
Persistent link: https://www.econbiz.de/10008577443
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Visual Recurrence Analysis and its Application
Kodera, Jan; Quang, Tran Van - In: Politická ekonomie 2009 (2009) 3, pp. 305-322
The aim of the article is to answer the question if the Czech stock market price dynamics is generated by non-linear deterministic dynamic process. To solve this complex problem requires using sophisticated computational operations to analyze huge amount of data input. To overcome this obstacle...
Persistent link: https://www.econbiz.de/10005103169
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Real Exchange Rate of the Czech Koruna and the Prices of Non-tradable Goods and Services
Mandel, Martin; Tomšík, Vladimír - In: Acta Oeconomica Pragensia 2008 (2008) 3, pp. 3-12
The paper presents both theoretical and an empirical analysis of factors influencing the prices of non-tradable goods and services in the Czech economy. The analysis discusses the development of the real exchange rate of the Czech koruna and quantifies the size of the real exchange rate...
Persistent link: https://www.econbiz.de/10005036411
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Tobin´s Q - theory and application
Pánková, Václava - In: Politická ekonomie 2005 (2005) 5, pp. 601-608
Investment expenditure relates to an evident optimization problem: to create an optimal capital stock which is a function of expected profits. According to the Tobin´s Q - theory, investment depends on the ratio Q of the market value of business capital assets to their replacement value. A...
Persistent link: https://www.econbiz.de/10005036684
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Analysis of the Indicator NAIRU on the Sector Level
Kadeřábková, Božena; Jašová, Emilie - In: Politická ekonomie 2011 (2011) 4, pp. 508-525
, because they can deepen or moderate volatility of the economic cycle. The article aims at mapping the rate of unemployment in … comparison of the actual rate of unemployment with the average value NAIRU was used for the specification of the economic cycle …. We compare the rate of unemployment, NAIRU and unemployment gaps in sectors with the average value on the national level …
Persistent link: https://www.econbiz.de/10009293717
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Growth, Stability and Convergence of the Czech Economy in the Years 2001-2008
Spěváček, Vojtěch; Vintrová, Růžena - In: Politická ekonomie 2010 (2010) 1, pp. 20-50
Economic growth of the Czech Republic strongly accelerated in the years 2005-2007. Substantial decline of economic activity took place at the end of 2008 and in the year 2009. On the supply side the main contributing factors were labour and total factor productivity. On the demand side the...
Persistent link: https://www.econbiz.de/10008509955
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Macroeconomic development of the Czech republic in the years 1996-2004
Spěváček, Vojtěch; Vintrová, Růžena; Hájek, Mojmír - In: Politická ekonomie 2006 (2006) 2, pp. 147-169
Economic growth of the Czech Republic differed strongly in two periods: 1996-1999 and 2000-2004. While in the first period the economy was hit by the recession and the average annual rate of growth of GDP reached only 0,9 %, in the second period the growth accelerated to 3,2 %. The economic...
Persistent link: https://www.econbiz.de/10005036696
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The czech economy after its entry into European Union
Spěváček, Vojtěch; Vintrová, Růžena; … - In: Politická ekonomie 2008 (2008) 3, pp. 291-317
Economic growth of the Czech Republic differed strongly in two periods: 2001-2003 and 2004-2006. While in the first period the average annual rate of growth of GDP reached only 2,7 %, in the second period the growth accelerated to 5,7 %. The economic growth measured by the indicators of real...
Persistent link: https://www.econbiz.de/10008754966