Template-Type: ReDIF-Article 1.0
Author-Name: Jiří Večerník
Title: Earnings disparities in the czech republic: evidence of the past decade and cross-national comparison
Abstract: Wage and income surveys are used to display changes in inequality of earnings and main factors of disparities. In the first part, increasing disparities in the Czech Republic and the decreasing weight of demographic characteristics in wage determination are observed. In the second part, available evidence on cross-national comparison is gathered in order to demonstrate the increasing similarity of the Czech wage structure with Western countries. We document that the introduction of the market economy has led to a significant increase in earnings disparities; the
Keywords: earnings disparities, returns to education, gender gap, communist system of rewarding, transition in the Czech Republic
Volume: 2001
Issue: 3
Year: 2001
File-URL: http://www.vse.cz/pep/175
File-Format: text/html
Handle: RePEc:prg:jnlpep:v:2001:y:2001:i:3:id:175

Template-Type: ReDIF-Article 1.0
Author-Name: Ilona Bažantová
Author-Name: Marek Loužek
Title: The central bank independence and accountability in context of accession of the czech republic to the european union
Abstract: The paper concentrates on the economic and legal analysis of the central bank independence and accountability. The second part defines the terms
Keywords: monetary policy, central banks, Czech National Bank (CNB), Government, independence, accountability
Volume: 2001
Issue: 3
Year: 2001
File-URL: http://www.vse.cz/pep/176
File-Format: text/html
Handle: RePEc:prg:jnlpep:v:2001:y:2001:i:3:id:176

Template-Type: ReDIF-Article 1.0
Author-Name: Jan Hřích
Title: Probable consequences for the czech republic in implementing the acquis communautaire in the sphere of commercial policy
Abstract: The article brings some empirical conclusions regarding the possible consequences of implementing of the common commercial policy of the European Community (EC) for the Czech foreign trade and the whole economy after the CR's EU accession. The analysis comes to conclusion that the impacts will be differentiated according to various groups of countries (depending on commercial-policy approach of EC toward the concrete group). However, the general consequences of acceptance of EC commercial policy (of course not the overall consequences of EU accession) should be very moderate. Nevertheless, the competitive pressures in some labor-intensive branches (especially textiles) could increase in a very limited extent as a result of acceptance of EC preferential trade systems toward various groups of developing countries (e.g. ACP countries, Mediterranean countries).
Keywords: commercial policy, free trade zone, EU accession, system of preferences, customs tariff
Volume: 2001
Issue: 3
Year: 2001
File-URL: http://www.vse.cz/pep/177
File-Format: text/html
Handle: RePEc:prg:jnlpep:v:2001:y:2001:i:3:id:177

Template-Type: ReDIF-Article 1.0
Author-Name: Jiří Jaroš
Title: Decade in transition economies - comparative analysis of economic growth
Abstract: The aim of this paper is to empirically analyze the determinants of growth in transition economies of Central and Eastern Europe and countries of former Soviet Union, using panel data for 25 countries for the longest available period 1989 - 1999. The paper's main finding is that macroeconomic stabilization (represented by inflation) and structural reforms (represented by the liberalization index) together with a reduction of Government expenditures are vital keys for success in achieving sustainable economic growth. The econometric analysis proves that initial effects of reform measures are likely to be negative, but are over time outweighed by positive outcomes. The results also indicate that even though initial conditions hurt growth, their effect is likely to be small compared to other factors and tends to diminish with time. Other commonly mentioned variables, like political freedom, seem to have only marginal ability to explain various growth patterns in transforming economies.
Keywords: transition, economic growth, regression
Volume: 2001
Issue: 3
Year: 2001
File-URL: http://www.vse.cz/pep/178
File-Format: text/html
Handle: RePEc:prg:jnlpep:v:2001:y:2001:i:3:id:178