At present the majority of advanced countries are dealing with the problem of the ageing of the population. The Czech Republic is no exception. Demographic ageing is caused by the fact that mortality is dropping, especially infant mortality, and this expectation of life at birth. At the same...

The paper present a simple model of the future development of incomes and expenses of the old-age pension system in the Czech Republic (so called 1st pillar). The projection is based on the results of the latest available population projection published by the Czech Statistical Office in 2013....

Background: In spite of the course of the economic crisis of 2008, there have not been changes dramatic to the extent that they would strongly alter the behaviour of the trend in the Average Gross Monthly Wages and the Monthly Wage Medians in the Czech Republic. In order to support public and...

In January 2014, the Czech Statistical Offi ce published its demographic prospect for the regions of the Czech Republic. It follows the medium option of the prospect for the whole Czech Republic published in 2013. Unlike previous prospects, the current prospect has been computed including...

The ageing of population and its economical, social and political consequences is a topic very frequently discussed. This paper contains the analysis of consequences of the ageing of the Czech population during this century based on the population projection using the latest available data...

This paper analyses the relation between Czech exports in goods and services and German GDP. In order to contribute to the current state of knowledge the analysis goes more into detail in terms of disaggregating the German GDP. Do Czech exports depend more on German domestic absorption, or is...

The issue of ageing is usually understood as a cultural and social problem in the developed countries. When addressed by economists, demographic questions are most frequently related to the pension reform or to the costs of healthcare. However, the effects of demographic change on productivity...

The purpose of this paper is to create a financial fragility model for the Czech financial sector. We adapt the Goodhart-Tsomocos model which is based on general equilibrium with incomplete markets, money and default. The calibration of the model is based on publicly available data from the...

This paper uses as its point of departure a hypothesis that support to renewable sources by means of various subsidies, regulatory measures and tax changes is implemented not only in costlier energy, but also (given various new forms of economic pressure) in those areas of human activity that...