The current record wave of immigration is a problem and does not conform to the interests of most people in Europe. Immigration is ineffective as a global development policy. The article argues in favor of an immigration that is balanced and that is in the interests of citizens in Europe rather...

The recent boom of ICT (Information and Communication Technology) is over. The impact of the financial crisis and the new scenarios for future development of European countries after overcoming it have formulated new requirements on the ICT sector all around the world. ICT seems to be one of the...

This article deals with the issues of different theoretical approaches to education. Education is seen as a tool, how to distinct different marginal productivities of employees. We start from the fact of an information asymmetry on the labour markets, asymmetry between employers and potential...

The paper summarises the results of various economic concepts of minimum wage. Consecutively, it presents an analysis of the minimum wage development in the Czech Republic since its introduction in 1991 and of the impact of substantial changes in its level, which can be observed since 1999. The...

This study is concerned with decomposing the gender pay gap in the Czech Republic. It aims not only to compare male and female wage-equations but also to uncover the gender pay gap structure. The decision of many women not to participate in the labor market can be influenced by potentially low...

The main objective of this article is to analyse the institutional framework of labour market function. Theoretical literature has created a set of institutional aspects such as employment protection legislation, structure of wage bargaining, taxation of labour, active labour market policies,...

This study investigates the relationship between wages and risks of work-related fatalities in the Czech labour market. To prove this relationship, we followed the theory of compensating wage differentials and the theory of hedonic prices. Using data from 2007 Czech labour survey, we...