Our paper focuses on the analysis of supply and demand shocks and on the estimation of expected costs of introducing Euro currency into Czech Republic (CR). The analysis is based on the theory of optimal currency areas by Mundell (1961, 1973) and uses a macroeconomic approach formalized by...

Czech laws on Deposit Guarantee-Schemes are characterized. It is described history of rise of the Czech Deposit Insurance Fund and dynamics of its basic characteristics. Czech deposit guarantee system is compared with the European system and with the European Directive on Deposit...

This paper focuses on the identification of the main criterion for the classification of basic indicators and their corresponding scales (nominal, ordinal, interval and ratio). The criterion is the number of meaningful categories of the formulation or measurement of all mutual differences of all...

Czech laws on Deposit Guarantee-Schemes are characterized. It is described history of rise of the Czech Deposit Insurance Fund and dynamics of its basic characteristics. Czech deposit guarantee system is compared with the European system and with the European Directive on Deposit...

Efficiency of hospitals belongs among frequently discussed topics of public policy. This paper deals with a nonparametric model for efficiency evaluation of hospitals - data envelopment analysis (DEA). DEA evaluates efficiency of production units with the help of mathematical programming. DEA...

This paper deals with the situation on the European labour market and especially on the Czech labour market. It shows the impact of long-term unemployment - a crucial problem in contemporary European countries - on the economy and on the society and its integrity. Great attention is paid to the...

The paper deals with one of the biggest problems currently faced by the Czech labour market: namely, a shortage of labour with regard to specialists who have completed tertiary education. The introduction stresses the importance of knowledge capital both in contemporary society and in a...

This paper deals with the situation on the Czech labour market in the period 1990-2006. It shows the status and development of the supply and demand sides of this market. Great attention is paid to the long-term trends in employment, self-employment, unemployment, and long-term unemployment. The...

A number of authors have used the concept of an optimum currency area (or OCA) index to assess the relative proximity of various pairs of economies to the ideal of an optimum currency area. Alas, a significant deficiency of this approach as used so far is that it provides no room for long-term...

The main goal of this paper is to analyse the process of price convergence (beta and sigma convergence) in new EU Member States towards the Euro area (EU-12). The theoretical part of the paper consists of a brief overview of methods that are employed for analyses of the process of price...