After Comeconís dissolution, agentsí lack of experience in product differentiation could have triggered demand-side mechanisms affecting trade flows between the two sides of the fallen Iron Curtain. Specifically, producers from a block of countries might have faced a quality perception gap...

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...

Exchange rate forecasting is an important financial problem that is receiving increasing attention nowadays especially because of its difficulty and host of practical applications in globalising world of today. The paper presents an enhanced MIA-GMDH-type network, discusses its design...

Public universities in the Czech Republic are financed mainly from the state budget. The number of students is still the main criterion for receiving funds. However, in the last three years, there have been significant changes which refer to qualitative requirements in response to the...

Aeroplanes are a fast but expensive means of shipping goods, which allow producers to respond quickly to favourable demand realisations and to limit the risk of shipping unproÖtably large quantities during low demand periods while substantially raising the transportation cost relative to ocean...