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Teorie optimálních mìnových zón: rámec k diskuzím o monetární integraci
Horváth, Roman; Komárek, Luboš - In: Czech Journal of Economics and Finance (Finance a uver) 52 (2002) 7-8, pp. 386-407
The authors contend that the theory of optimum currency areas (OCA) provides a useful framework for discussions of monetary integration. The authors summarize the historical development of monetary integration and discuss possible future development. Theoretical issues, such as those raised in...
Persistent link: https://www.econbiz.de/10008495720
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EU: Can federalism become the chief integration theory?
Šimíková, Ivana - In: Acta Oeconomica Pragensia 2009 (2009) 1, pp. 27-44
redistribution, a written constitution, and duality of power. Federalism is a philosophy and a political instrument enabling a … federation to function. The principle of federalism is an aggregation of cultural, social, economic, linguistic, and intellectual … disparities within a federation. Federalism can become a mainstream integration theory: the present MLG can be defined as an …
Persistent link: https://www.econbiz.de/10005079044
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Independence versus accountability of the European central bank - is there any solution?
Kvizda, Martin - In: Politická ekonomie 2005 (2005) 5, pp. 617-633
The article is concerned with analysis of independence of central banks of the EU Member States within the framework of the ESCB, as well as independence and responsibility of the ECB, and suggests an alternative institutional embodiment of its position, reflecting the specific framework of the...
Persistent link: https://www.econbiz.de/10005036607
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Solidarita mezi generacemi v systémech veřejného zdravotnictví v Evropě
Pavloková, Kateřina - 2010
Stárnutí obyvatelstva se stalo v poslední době jedním z důležitých témat v mnoha rozvinutých zemích. Důchodové systémy a systémy financování zdravotnictví založené na solidaritě jsou výrazně citlivé na demografické změny související s klesající porodností a...
Persistent link: https://www.econbiz.de/10010322239
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Solidarita mezi generacemi v systémech veřejného zdravotnictví v Evropě
Pavloková, Kateřina - 2010
Persistent link: https://www.econbiz.de/10008688998
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The impact of taxation of electricity, natural gas and solid fuels on sectors of nace in the Czech Republic
Zimmermannová, Jarmila - In: Politická ekonomie 2009 (2009) 2, pp. 213-231
The Czech Republic has introduced new energy taxation in connection with implementation of the directive 2003/96/EC, restructuring the Community framework for the taxation of energy products and electricity. New energy taxes are imposed on electricity, solid fuels and natural gas, with term of...
Persistent link: https://www.econbiz.de/10005258237
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Models of Political Cycles: The Czech Experience / Modely politického cyklu a jejich testování na podmínkách ČR [available in Czech only]
Štiková, Radka - Institut ekonomických studií, Univerzita Karlova v Praze - 2007
This paper studies whether the dynamic behavior of real GDP, unemployment and inflation is systematically affected by the timing of elections and by changes of governments in the Czech Republic. Two basic models of political cycles are tested – the political business cycle models and the...
Persistent link: https://www.econbiz.de/10005673607
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European Fiscal Policy Rules: First 15 Years
Prušvic, David - In: Politická ekonomie 2010 (2010) 1, pp. 51-69
The Stability and Growth Pact has become a primary fiscal policy framework in all European countries since 1997. Together with Maastricht fiscal criteria it determines the fiscal discipline of integration process. The aim of this study is to evaluate ex-post effectiveness of the fiscal rules...
Persistent link: https://www.econbiz.de/10008509953
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Hedging Strategies and Financial Risks
Zmeškal, Zdenìk - In: Czech Journal of Economics and Finance (Finance a uver) 54 (2004) 1-2, pp. 50-63
Hedging strategies represent basic instrument used toward eliminating financial risk. Increasing volatility of financial markets and their globalization also lead to higher financial risks. These aspects are especially important for transitional and small open economies. The basic goal of the...
Persistent link: https://www.econbiz.de/10008495620
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Public Debt Policy: Credibility and Institutions
Pavelek, Petr - In: Czech Journal of Economics and Finance (Finance a uver) 53 (2003) 5-6, pp. 190-219
The paper considers modern frameworks of public debt management from a credibility perspective. It focuses on the institutional and operational arrangements of effective debt management. In particular, the author seeks to shed light upon the contemporary problems of Czech debt manager compared...
Persistent link: https://www.econbiz.de/10008495823