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Recently the popularity of fiscal rules has been increasing also due to the impact of macroeconomic and financial shocks on fiscal sustainability. This paper reviews supranational and national fiscal rules implemented in the Visegrad countries (V4). Namely, we base the review and comparison of...
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The paper analyzes an important part of the institutional quality - regulation and studies relation between the regulatory environment and the bureaucratic barriers. The analysis is based on theoretical models of the comparative institutional economics. In the paper, we discuss possibilities of...
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The economic theory of the last decades deals with how certain models of institutions and incentives could improve the …
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V článku navrhujeme tři metody přepočtu hlasů na mandáty pro volby do Poslanecké sněmovny Parlamentu ČR (PS PČR) založené na metodách matematického programování. Důvod pro jejich zavedení spatřujeme v tom, že běžně používané metody přepočtu hlasů na mandáty často...
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theoretical section, historical evolution of agency theory and rent-seeking is explained. It is explained how both the agency … theory and rent-seeking understand the problem of corruption and the problems of suggested public policies deduced from both … theories. Precisely, it is argued that while the agency theory lacks the concrete explanation of the institutional environment …
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