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The Czech Republic has undergone a profound political, economical and social transformation in the past few decades. The changes that have occurred in society showed strongly in the change in the demographic behaviour of society and the change in the general population climate. The transition to...
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The article deals with a subject s decisions about his individual labour supply. It explains the development of this problem from the cardinalistic point of view, characteristic for marginalistic economists, concerning ordinalistic decision-making between consumption and free time. The gist of...
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. The models used include Granger causality, cointegration, and error-correction models. The results demonstrate that the … deviations from the parity. As this error-correction mechanism appears to be rather symmetric, and as the Granger causality tests … suggest different causality patterns for individual stocks, none of the two markets emerges as the dominant one. A variety of …
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Granger causality test the panel cointegration analysis is needed. The panel cointegration relationships were not found in any …
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