Politická ekonomie, 1997 (vol. 45), issue 3
Articles
Makroekonomická analýza české ekonomiky 1996
Macroeconomic Analysis of Czech Economy in 1996
Mojmír Hájek a kol.
Politická ekonomie 1997, 45(3):307-350 | DOI: 10.18267/j.polek.281
This article consists of analysis of all main indicators of Czech economy in 1996. They are: GDP and economic growth focused on economic dynamism; disproportional in the development of the main components of aggregate demand and supply and productive efficiency of the domestic economy; productivity focused on trends in productivity of labour in the national economy and selected sectors and finally on total factor productivity (capital and labour); external economic relation focused on balance of trade deficit and trends in export and import and also on the trends in the use of net import of goods and services and trade deficit financing - capital inflow...
Placení účtu za gulášový komunismus II
Paying the Bill for Gulash-Communism II
János Kornai
Politická ekonomie 1997, 45(3):351-373 | DOI: 10.18267/j.polek.282
The article finishes the text published in Politická ekonomie 1997, č. 2., which is dealing with the Hungarian way from centralised economy to market economy and shows macroeconomic development in the Hungary between 1956 to 1995. The paper concentrates on the choice between gradualist or - shock - strategy of transformation and consequently depicts a privatisation, liberalisation and legal reform in the Hungary.
Mezibankovní spolupráce při riziku úpadku bank
Risk of Contagious Failures and Interbank Cooperative Arrangements
Olivier De Bandt
Politická ekonomie 1997, 45(3):374-389 | DOI: 10.18267/j.polek.283
The paper studies a possibility of creation of structure interbank cooperative arrangements with the goal to cut down a risk of failure. An attention concentrates on mutually ex-post help among banks which applies for deposit but faced the risk of portfolio that is not exante diversified. An effort of banks to cut down the risk them motivates to a sharing risk. In a tests to explain a role of clearing bank and willingness of banks to tie up themselves behaviour by strength rules for intervention are use numerous features of accessible models but the main focus is on moral hazard.
Reakce rezidentů a nerezidentů na rozšíření fluktuačního pásma pro kurz české koruny
Residents and Non-residents Response to the Widening of the Exchange Rate Fluctuation Range of CZK
Josef Jílek, Jiřina Jílková
Politická ekonomie 1997, 45(3):390-400 | DOI: 10.18267/j.polek.284
The biggest change in a foreign exchange inter-banks market during the first part of 1996 was an announcement of ČNB about widening of the exchange rate fluctuation range of CZK toward DEM and USD from 0,5 % to 7,5 %. The aim of text is clarification of reaction residents and non-residents on the widening of the exchange rate fluctuation range of CZK on base of ČNB fixing exchange rate and position of banking framework towards residents and non-residents. The behaviour of residents and non-residents was a reaction on possible change of exchange rate CZK towards a group of currency in future nay on real change.
Modelování poptávky českých domácností po finančních aktivech v období kuponové privatizace
Modelling of Czech Households Demand for Financial Assets in the Period of Voucher Privatisation
Chris Allen, Kateřina Šmídková
Politická ekonomie 1997, 45(3):401-410 | DOI: 10.18267/j.polek.285
The text is focused on problematic of modelling of Czech household's demand for financial assets in the period of voucher privatisation which were accompany with important finance innovation - installation a vouchers to the finance portfolio of Czech households. The concentration of text is on derivation of models, which enable stable estimations of demand for elements of financial portfolio. The suggested methodology consists on modified estimate almost ideal demand (AID system) for all available significant financial assets. The own estimate is foregone by data analysis of financial portfolio of households and depiction of assumptions.
Podoba a vlastnosti faktorů produkční funkce
Main Features of Production Function Factors
Jiří Řezník
Politická ekonomie 1997, 45(3):411-424 | DOI: 10.18267/j.polek.286
The economists always confirm that the reason for existence of economy as science is scarcity of resources. The article is trying to illuminate why from economic view a concrete resources e.g. infrastructure, technical development and unemployment, present different phenomena's. It analyses basic economic structure (resources structures, reserves, goods and markets) how by return affect character of resources themselves. All the framework was transmit to mathematical matrix.
Consultations
Bohatství národů Adama Smithe
Adam Smith's Wealth of Nations
Robert Holman
Politická ekonomie 1997, 45(3):425-435 | DOI: 10.18267/j.polek.287
Adam Smith is considering as the founder of political economy owing to his book Inquiry into the Nature and Causes of the Wealth of Nations. From the pages of his book not only speaks the economist but also moral thinker, historian, sociologist and politics - one of the last poly-historians who demonstrates compass almost whole knowledge of his time and incorporate in one opus magnum. The paper is split into two parts: first is focus on principle of invisible hand and laissez-faire and also on growth of the wealth of nations (To be continued in Politická ekonomie, 1997, č. 4).
Kameralismus a ekonomické myšlení v Čechách
Cameralism and Economic Thinking in Bohemia
Jaroslav Krameš
Politická ekonomie 1997, 45(3):436-447 | DOI: 10.18267/j.polek.288
Approximately 230 years passed from inputting an economy to universities syllabuses and consequently to the others school. It was at time which economy history in Czech wrongfully misses out. Economics as a teaching subject arised in 18th century in a form of mercantile science. The title matches to dominate cameralism i.e. specific form of mercantilism in the Central Europe. The item went through from mercantile science, national economy to contemporary economy. Today we are going back to this tradition evolution line to deeply understand nowadays specific in our own tradition in teaching of economy and can join on it.