Politická ekonomie, 2000 (vol. 48), issue 1

Přímé zahraniční investice v české ekonomice

Foreign direct investment in the czech economy

Vladimír Benáček

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.100

If compared internationally, Czech Republic belongs to a group of countries with highly intensive foreign direct investment (FDI) inflows. Its analytical studies were confronted, however, with a shortage of reliable time series of industrial data on FDI. The analyses of determining factors of foreign capital inflows came to conclusion that foreign investors were originally only rarely motivated to base their ventures on the endowments of local human capital. The initial motive to take advantage of the availability of cheap labour was in the later stages overshadowed by a strategy of investing into capital intensive industries. The role of human capital...

Metodologické problémy ekonomie jako nominalistické vědy

Methodological problems of economics as a nominalistic science

Mojmír Hampl

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.101

This article focuses on a description of a substantial methodological change in economics that has been being in progress for a previous couple of decades. To explain this change the article exploits the bases of K. R. Popper's distinction between nominalism and essentialism in science. The article comes to a conclusion that the methodological essence of economics in recent years has been shifting from the essentialist shape to the nominalistic one. The passage from essentialism to nominalism is closely connected with the development and the extension of quantitative methods, statistics and advanced mathematics in economics. Another characteristic...

Význam modelování a předpovídání volatility časových řad pro řízení ekonomických procesů

The importance of modelling and forecasting of time series volatility for the control of economic processes

Josef Arlt, Štěpán Radkovský

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.102

It can be observed that the volatility of high frequency time series (daily and higher frequency) has in certain time periods different level. The classical time series linear modelling methodology is based on condition of constant volatility. There are two conceptions of solution of the problem of the classical linear model. The first conception is based on idea that the problem is in the type of model of time series. Therefore R. Engle developed the class of ARCH models. The second conception is based on idea that the assumption of normality in models is not real in practise. In transmission of regulative intervention from one time series to another,...

Modelování měnových kurzů

Modelling foreign exchange rates

Jiří Kubálek

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.103

The theoretical models developed under assumption of purchasing pover parity fail to explain large fluctuations that appear in the currency time series since the beginning of the 1980s. The object of the present paper is to demonstrate, that unrestricted Engle-Granger cointegration model with error correction term is a valid framework for analyzing long-run exchange rate equilibrium as well as short term dynamics. In contrast to previous works, the genetic algorithm input selection is used to identify possible exogenity of variables entering in the model and a simulation based experiment splits short-run dynamics into several consecutive periods to...

Měnové výbory pro východní Evropu?

Currency boards for eastern Europe?

Antonín Rusek

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.104

Feasibility of a currency board type of monetary arrangement in transitional economies of Eastern Europe is a function of the size of the country and the nature of the financial sector in a country. For very small countries where financial services can be provided by subsidiaries of foreign financial institutions the currency board is likely to be an optimal monetary arrangement. However, if the need exists for an efficient domestically based financial sector - as is likely in medium and large countries - the currency board type of arrangement appears unfeasible. Major reason is the need to restructure the domestic financial system in these countries....

Mezinárodní řízení lidských zdrojů: faktory konvergence a divergence

International human resource management: factors of convergence and divergence

Mohamed Branine, Zuzana Dvořáková

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.105

Human resource management (HRM) can be described within organizational and cultural contexts. Increasing interest in international HRM suggests that employment policies in different countries have been perceived as meeting a trend of uniform characteristics in the management of people. By reviewing some of the recent literature on HRM, examining the practice of HRM in the USA, Japan and Europe, and drawing from the National Panels of HRM in the Czech Republic this paper discusses some of the emerging difficulties in developing an international model of HRM. We suggest that in employment practices there are basic characteristics of HRM: a) empowerment,...

Ekonometrická analýza produkčních funkcí

Econometric analysis of production functions

Roman Hušek

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.106

The production functions modelling is treated from econometric viewpoints. The class of the neo-classical production functions is described. Special attention is given to the so called CD and CES production functions. The estimates of the parameters from cross-sectional data are evaluated. Disturbance terms weakening their precision is mentioned and the possibilities of eventual corrections outlined. The economic interpretation is stressed as a most important factor in evaluating the fundamental production functions and their characteristics. The description of production functions based on time series data is given. The alternative representations...

Nositel nobelovy ceny za ekonomii za rok 1999

Nobel prize winner for economics in 1999

Jiří Jonáš

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.107

Statistická analýza dat a kvalita života

Statistical data analysis and quality of life

Martin Matušů, Jiří Trešl

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.108

O nových přístupech ve statistice

About new attitudes in statistics

Stanislava Hronová, Eva Jarošová

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.109

Česká společnost ekonomická: chování spotřeby a přímé zahraniční investice (informace z 11. a 13. semináře). Praha, květen a září 1999.

CEA: consumption behaviour and foreign direct investment

Martin Čihák

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.110

Ekonomie pro všechny a

Milan Žák

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.111

Vše, co je třeba vědět o repo obchodech (Jílek, J.: Moderní finanční produkty - repo obchody. Praha, Grada 1999, 601 str.)

Petr Dvořák

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.112

Nové přístupy k analýze časových řad (Arlt, J.: Moderní metody modelování ekonomických časových řad. Praha, Grada 1999, 312 str.)

Tomáš Cipra

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.113

Ucelený výklad personalistiky a jejich nástrojů (Armstrong, M.: Personální management. Praha, Grada 1999, 963 str.)

Zuzana Dvořáková

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.114

Komplexní pohled na světovou ekonomiku jako na reálný systém i teoretickou disciplínu (Cihelková, E. a kol.: Světová ekonomika. Praha, etc publishing 1997, 257 str.)

Jan Hřích

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.115

Nová domáca učebnica verejnej ekonómie (Strecková, Y., Malý, I. a kol.: Veřejná ekonomie pro školu i praxi. Praha, Computer press 1998, 214 str.)

Juraj Nemec

Politická ekonomie 2000, 48(1) | DOI: 10.18267/j.polek.116