A social rate of discount is an important variable for cost-benefit analysis. Its size can be crucial for an approval (or disapproval) of the project under evaluation, therefore it is important to have a theoretically founded estimate of the discount rate. There are two main approaches to...

An easy and popular method for measuring the size of the underground economy is to use macro-data such as money demand or electricity demand to infer what the legitimate economy needs, and then to attribute the remaining consumption to the underground economy. Such inferences rely on the...

The paper demonstrates how survey methods and retrospective questions can be put to effective use in the study of shadow-economy dynamics; specifically, the evolution of tax evasion in the Czech Republic. The authors measure the average individual's transition between the shadow and official...

The Czech Council for R&D developed a new version of the Methodic for the Evaluation of R&D. In this paper, we discuss especially three criteria from this Methodic: - publications in impacted journals - publications in other scientific refereed journals - evaluation of publications with more...

The dramatically growing disproportion between the value of corporate assets and market valuation has resulted in a well-researched schism between strategic management and financial theory. Options theory provides a potent tool to resolve this issue. We propose a model which is consistent with...

This article deals with data evaluation of a part of survey in the Czech firms (N = 252). The main aims were flexibility of employment and forms of flexibility, employment of foreigners and ability of Czech employee's to compete at the European employment market. The next aim was organizational...

Czech Abstract: Cílem příspěvku je představení vybraného modelu, který vysvětluje mzdové rozdíly mezi muži a ženami. Model (Oaxaca-Blinderův rozklad) bude využit v dalším zkoumání tzv. genderové mzdové mezery (GPG) v České republice. V tomto slova smyslu je předkládaný...

Czech Abstract: Studie zkoumá výši genderové mzdové mezery (GPG) ve vybraném podniku s cílem zjistit, zda jsou ženy v daném podniku mzdově diskriminovány. K identifikaci nevysvětlené části genderové mzdové mezery jsou užity dvě metody: Oaxaca-Blinderův rozklad a metodu...

This paper analyzes the tax penalty on volatile personal income under progressive tax rates. The phenomenon may have an effect on long-term entrepreneurial decisions as well as risky occupational choice. An options-based model is used to estimate the expected effective rate due from tax-payers...

Energy, or renewable energy sources, is currently a frequently discussed topic. This paper focuses mainly on the economics of photovoltaic energy, specifically valuation of this technology. First, photovoltaic power systems are described, followed by a description of the method of analysis of...