Showing 1 - 10 of 69
Persistent link: https://www.econbiz.de/10010193750
This paper provides an institutional analysis concerning the current problems of the health care systems based on … obligatory health insurance. In the beginning there are correctly defined and further described some particular principles … creating the essence of the continental health care systems. Consequently, there are described two major consequences of …
Persistent link: https://www.econbiz.de/10005036646
Institute of Health Information and Statistics of the Czech Republic (ÚZIS ČR). A fundamental problem of evaluation in health …
Persistent link: https://www.econbiz.de/10005036658
. Using data from 2007 Czech labour survey, we econometrically derived three hedonic wage functions. To estimate mortality …. The estimated effect was lower for hedonic function with worker´s perception of mortality risks. This result implies the … mortality risk. The implied value of VSL is 60 million CZK for the model with subjectively perceived risks and 266 million CZK …
Persistent link: https://www.econbiz.de/10008754956
Long-term memory processes have been extensively examined in recent literature as they provide simple way to test for predictabilty in the underlying process. However, most of the literature interprets the results of estimated Hurst exponent simply by its comparison to its asymptotic limit of...
Persistent link: https://www.econbiz.de/10008564633
The article provides a basic description and taxonomy of sovereign wealth funds, rapidly gaining importance in the international monetary and financial systems. SFWs are pools of assets owned and managed directly or indirectly by governments to achieve specific objectives. Tentative estimates of...
Persistent link: https://www.econbiz.de/10008500686
The paper deals with yield curve construction methods using coupon bonds in Czech bond market. Generally, there are more possibilities how to approach this problem: bootstraping, splines, parametric functions. Due to the lack of tradable public bonds and due to the fact that existing bonds do...
Persistent link: https://www.econbiz.de/10005036582
The paper presents a dynamic approach to the theory of uncovered interest rate parity. It is examined the dynamic relation between the actual change in spot exchange rate and interest rate differential. Authors show the hypothesis of uncovered interest rate parity is based on an ex ante view and...
Persistent link: https://www.econbiz.de/10005036609
as VAR analysis. The authors tested 21 currency pairs of the U.S.A., Canada, Japan, Switzerland, the Great Britain …
Persistent link: https://www.econbiz.de/10008754973
Building upon exhaustive research of extant and often fragmentary contemporary resources, this paper provides a thorough analysis of financial options trading and sales in interwar Czechoslovakia. Whilst focusing primarily on a remarkable bucketshop episode occuring in the late twenties and...
Persistent link: https://www.econbiz.de/10009019524