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On Estimation of Volatility of Financial Time Series for Pricing Derivatives
Černý, Michal - In: Acta Oeconomica Pragensia 2008 (2008) 4, pp. 12-21
Estimation of volatility of financial time series plays a crucial role in pricing derivatives. Volatility is often estimated from historical data; however, it is well known that volatility varies in time. We propose a method to choose a suitable length of historical data to estimate contemporary...
Persistent link: https://www.econbiz.de/10005036300
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A note on the optimal taxation theory
Foltýnová, Hana; Brůha, Jan - In: Politická ekonomie 2006 (2006) 3
This paper is focused on the theory of optimal taxation applied to environmental regulation. The first part summarizes the current state of knowledge in this field, especially it concentrates on the so called double dividend hypothesis. The second part of the paper defines the concept of triple...
Persistent link: https://www.econbiz.de/10005036633
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Prehľad európskych stratégií v rámci spoločnej dopravnej politiky Európskej únie v rokoch 2001 až 2009
Matuška, Ján - In: Medzinarodne vztahy (Journal of International Relations) 7 (2009) 2, pp. 105-112
Európske stratégie v rámci spoločnej dopravnej politiky Európskej únie obsahujú súbory opatrení navrhovaných Európskou komisiou s cieľom zvýšiť kvalitu, bezpečnosť a konkurencieschopnosť jednotlivých druhov dopravy. Tento článok sa zaoberá tak cieľmi a opatreniami Bielej...
Persistent link: https://www.econbiz.de/10008680425
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Three Approaches to the Theory of Public Goods
Hampl, Mojmír - In: Czech Journal of Economics and Finance (Finance a uver) 51 (2001) 2, pp. 111-125
The paper focuses on a comparison of three different approaches that seek to explain the existence of public goods. First the mainstream Samuelson-Musgrave approach, based on the search for an objective nature of so-called pure public goods, is critically evaluated, especially with respect to...
Persistent link: https://www.econbiz.de/10008549869
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The Analysis of the Relationship Between the Rate of Competition and the Prices of Large Transport Infrastructure Buildings
Pavel, Jan - In: Politická ekonomie 2010 (2010) 3, pp. 343-356
The paper is dealing with the problem of relationship between the rate of competition and final prices in the public procurement. This issue is analysed on the sector of infrastructure buildings in the Czech Republic. The main goal of the paper is to verify the relevance of the hypothesis, that...
Persistent link: https://www.econbiz.de/10008553103
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The effectiveness of the municipal firms in providing the services
Pavel, Jan - In: Politická ekonomie 2007 (2007) 5, pp. 681-693
The paper is dealing with the problem of so called "municipal" firms. I define them as the firms, which are based on commercial law but are owned by municipalities. The municipal firms are often used for providing services in the Czech Republic. However, this type of firm is connected with a lot...
Persistent link: https://www.econbiz.de/10005036653
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Unbundling costs in the energy sector: competitive environment for the customers´ benefits or too costly experiment?
Vondráček, Milan; Skuček, Tomáš - In: Ekonomika a managment 2010 (2010) 3
contributed to decrease electricity end-price for households in the 2005 - 2008 period, despite substantial unbundling costs …. However other factors, such as demand increase and electricity price convergence between the Czech Republic and Germany, were … much stronger and caused substantial electricity price increase in the examined period. …
Persistent link: https://www.econbiz.de/10009398896
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The political economy of exchange rate policy in central and east european countries - sector approach
Šindel, Jaromír; Šaroch, Stanislav - In: Politická ekonomie 2008 (2008) 1, pp. 17-39
The article solves the incentives to the different exchange rate arrangement choice during the transformation and integration period in the Central and East European countries. It follows with the analysis of the industry structure in these economies. It is discussed the existence of its direct...
Persistent link: https://www.econbiz.de/10005036659
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Supply side of the czech economy - structural characteristics
Rojíček, Marek - In: Politická ekonomie 2007 (2007) 4, pp. 435-457
This article explores development of the industrial structure of the Czech economy in the last ten years from the point of view of the gross value added and employment. It goes from the macroeconomic view at the level of the basic sectors to more detailed view focused on the individual branches....
Persistent link: https://www.econbiz.de/10005036699
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Princip proporcionality a jeho uplatnění v daních - vybrané poznámky z jurisprudence a komparatistiky (Applying the Principle of Proportionality in Taxes - Selected Remarks of Juri...
Landgráf, Roman - 2016
Czech Abstract: Požadavek proporcionality se jako právní zásada rozšířil do významné části světa, a to především po druhé světové válce. Z evropského pohledu přitom bylo klíčové jeho uznání Soudním dvorem Evropské unie a Evropským soudem pro lidská práva. Tento...
Persistent link: https://www.econbiz.de/10012977185