Template-Type: ReDIF-Article 1.0
Author-Name: Ota Melcher
Title: Long Term Trends in the CZK Development
Abstract: The European integration process has had severe impacts on the development of exchange rates of member states’ currencies. For small and open economies which trade large part of both their production input and output in foreign currencies the real exchange rates are of a special importance. This paper looks at the drivers behind the evolution of the real Exchange rate of CZK within the European integration process. Beside the decomposition of the general long term trend, several factors of exchange rate fluctuations are depicted. Furthermore the recent halt in long term trend in real CZK appreciation towards EUR is discussed. Finally the study shows statistical simulation of future nominal EUR/CZK development with help of AR(I)MA models employed on different data series. Models’ findings picture the gaps between observed and predicted values in the period following the exchange intervention of the Czech National Bank (CNB) from November 2013.
Keywords: depreciation, forecasting, real and nominal exchange rate, appreciation, effective exchange rate, ARMA, ARIMA, stationarity
Classification-JEL: E31, E42, F31, F36
Pages: 3-21
Volume: 2015
Issue: 2
Year: 2015
File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=467.pdf
File-URL: http://www.vse.cz/aop/467
File-Format: text/html
Handle: RePEc:prg:jnlaop:v:2015:y:2015:i:2:id:467:p:3-21
X-File-Ref: http://www.vse.cz/RePEc/prg/jnlaop/references/467

Template-Type: ReDIF-Article 1.0
Author-Name: Marta Nečadová
Title: Selected Approaches to Measurement of National Competitiveness and the Results
Abstract: The first objective of this paper is to briefly describe and compare the methodology of the two best known international rankings of competitiveness (World Competitiveness Yearbook and The Global Competitiveness Report). The method of construction of these scoreboards (proportion of hard and soft data, form of their aggregation, choice of respondents, etc.) does not make it possible to find a satisfactory answer to the question whether national competitiveness is objectively measurable. The second goal of this paper is to analyse the V4 results in these rankings. According to the GCR all the V4 are most successful in indicators called Efficiency enhancers. The low trust in the political representation and its activities is typical for the V4 countries. This negative attitude is projected into negative evaluation of the quality of public institutions and public administration.
Keywords: National Competitiveness, Visegrad group, World Competitiveness Yearbook, Global Competitiveness Report, Global Competitiveness Index
Classification-JEL: E60, F00, F60, F62
Pages: 22-39
Volume: 2015
Issue: 2
Year: 2015
File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=468.pdf
File-URL: http://www.vse.cz/aop/468
File-Format: text/html
Handle: RePEc:prg:jnlaop:v:2015:y:2015:i:2:id:468:p:22-39

Template-Type: ReDIF-Article 1.0
Author-Name: Václav Stříteský
Author-Name: Marek Stříteský
Title: Attitudes of Czechs towards Working Life
Abstract: The paper deals with consumer attitudes and perceptions of working life on the Czech labour market and analyses possibilities of the Czech labour market segmentation. The research is based on an analysis of data MML-TGI provided by Median agency. This data source is highly accepted in targeted marketing. In the first part the research focuses on the satisfaction of Czech people with their jobs and salary and identification of prevailing attitudes to work and employer loyalty. The next section identifies segments of the Czech labour market according to the perceived importance of selected aspects of working life. These segments are further characterized. The research results provide a new perspective on issues of employee recruitment, motivation and retention, which may be the real base for the application of HR marketing in its complexity in organizations operating on the Czech labour market.
Keywords: motivation, HR segmentation, job satisfaction, working life, Czech labour market
Classification-JEL: M31, M51, M54
Pages: 40-53
Volume: 2015
Issue: 2
Year: 2015
File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=469.pdf
File-URL: http://www.vse.cz/aop/469
File-Format: text/html
Handle: RePEc:prg:jnlaop:v:2015:y:2015:i:2:id:469:p:40-53

Template-Type: ReDIF-Article 1.0
Author-Name: Věra Höppnerová
Title: Lexical pitfalls of business German
Abstract: The paper deals with consumer attitudes and perceptions of working life on the Czech labour market and analyses possibilities of the Czech labour market segmentation. The research is based on an analysis of data MML-TGI provided by Median agency. This data source is highly accepted in targeted marketing. In the first part the research focuses on the satisfaction of Czech people with their jobs and salary and identification of prevailing attitudes to work and employer loyalty. The next section identifies segments of the Czech labour market according to the perceived importance of selected aspects of working life. These segments are further characterized. The research results provide a new perspective on issues of employee recruitment, motivation and retention, which may be the real base for the application of HR marketing in its complexity in organizations operating on the Czech labour market.
Keywords: Business German, interference-related errors, influence of English
Classification-JEL: Z19
Pages: 54-66
Volume: 2015
Issue: 2
Year: 2015
File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=470.pdf
File-URL: http://www.vse.cz/aop/470
File-Format: text/html
Handle: RePEc:prg:jnlaop:v:2015:y:2015:i:2:id:470:p:54-66

Template-Type: ReDIF-Article 1.0
Author-Name: Pavel Sirůček
Title: H. H. Gossen - Half-Forgotten Personalities of Economic Though
Abstract: H. H. Gossen was a Prussian court clerk, autodidact. He for the first time detected the marginal utility principles (three Gossen principles). At the time of his life he was unacknowledged,although he is the most important predecessor of neoclasic economic thought and marginalistict revolution.
Keywords: H. H. Gossen, predecessors of neoclassical economics, theory of marginal utility, marginalist revolution
Classification-JEL: B11, D00, D46
Pages: 67-74
Volume: 2015
Issue: 2
Year: 2015
File-URL: http://www.vse.cz/aop/download.php?jnl=aop&pdf=471.pdf
File-URL: http://www.vse.cz/aop/471
File-Format: text/html
Handle: RePEc:prg:jnlaop:v:2015:y:2015:i:2:id:471:p:67-74