Acta Oeconomica Pragensia, 2017 (vol. 25), issue 2

International Trade Students' Stereotypes

Kamila Matysová

Acta Oeconomica Pragensia 2017, 2017(2):3-16 | DOI: 10.18267/j.aop.571  

The goal of the present paper is to detect stereotypes of students studying International Trade at the University of Economics Prague and, if need be, propose didactic measures for intercultural education at the university. In our study, 293 International Trade students described six ethnic and national groups (Roma, Ukrainians, Vietnamese, Russians, Germans and Czechs) in terms of explicit stereotypes. The following hypothesis was formulated in the study: On the one hand, stereotypes of the observed population refer to real existing intercultural differences; on the other hand, they refer to cultural complexes. An open questionnaire for stereotypes...

A Model of Donor Behaviour in the Czech Republic

Marie Hladká, Vladimír Hyánek

Acta Oeconomica Pragensia 2017, 2017(2):17-33 | DOI: 10.18267/j.aop.572  

The article examines the variables underlying an individual's decision to donate money to a non-profit organisation. Based on a content analysis of leading foreign research, we identify and systematise factors that may affect an individual's decision to donate money, and we carry out an empirical testing in the Czech Republic. This article presents answers to the following question: which determinants affect significantly the willingness to donate? What does the model of donor behaviour look like on a selected sample? The authors apply a theoretical justification set of variables affecting donor behaviour to a questionnaire survey. Multiple linear...

Debt Relief in the Czech Republic - Analysis of Income, Overall Debt and Creditor Structure of the Debtors

Jan Hospodka, Ondřej Buben, Jiří Šimůnek, Monika Randáková

Acta Oeconomica Pragensia 2017, 2017(2):34-44 | DOI: 10.18267/j.aop.573  

This paper analyses debtors who proposed for a debt relief in a period between 1. 1. 2012 and 31. 12. 2013. Topic of debt relief has been already researched in Moravian and Silesian regions, therefore this paper concentrates mainly on Bohemian regions. The possibility of debt relief (personal bankruptcy in other words) for debtors has been in Czech legislation since year 2008 and number of personal bankruptcies has been considerably rising ever since. This paper presents only a part of ongoing research and therefore comprise only certain characteristics, such as the level and structure of debtor's income, the amount of their debt and also structure...

Measuring of National Competitiveness - Comparative Analysis of Visegrad Countries, Germany and Austria in Modified Porter's SD Model and 9F Model

Marta Nečadová

Acta Oeconomica Pragensia 2017, 2017(2):45-69 | DOI: 10.18267/j.aop.574  

The international competitiveness rankings can be seen as a way of evaluating countries' future economic potential and opportunities for further development and growth. The discussion of one clear definition of the term "national competitiveness" can be considered a "never-ending story" without an unambiguous generally accepted result. In every composite indicator analysis, the final index is the outcome of a number of choices: the framework (usually driven by theoretical models and experts' opinions), the indicators to be included, their normalisation, the weights assigned to each indicator, and the aggregation method. This paper is based on evaluating...

Real Interest Rate Channel from the Point of View of Chosen Theories of Investment

Lukáš Kučera

Acta Oeconomica Pragensia 2017, 2017(2):70-84 | DOI: 10.18267/j.aop.575  

This paper is a theoretical one and deals with the real interest rate channel of monetary policy and sensitivity of investment to real interest rate. In the first part, the mechanism of the real interest rate channel is analysed. The second part focuses on the neoclassical model of demand for capital, Fisher's theory of investment, Tobin's q and Keynes's investment theory. All these theories are discussed in the context of real interest rate, i.e., whether they consider that investment reacts inversely to changes of real interest rate. The third part of the paper targets application of theories to the framework of the real interest rate channel. The...

Monetary Integration in the 1960s

Miriam Jankalová, Radoslav Jankal

Acta Oeconomica Pragensia 2017, 2017(2):85-97 | DOI: 10.18267/j.aop.576  

Initiatives dealing with the creation of the European Monetary System and the zone of monetary stability in Europe emerged in the 18th century, despite the fact that greater manifestations of these considerations and efforts only started in the 1960s and early 1970s. The proof is the Marjolin Memorandum of 24 October 1962 and the Barre Plan, presented in The Hague in February 1969. In October 1970, the Commission's initiative was followed by preparation of a plan for the progressive establishment of the Economic and Monetary Union, known as the Werner Report. Fundamentally different political views and approaches in the field of economics and integration,...

Half-Forgotten Personalities of Economic Thought - J. C. L. S. Sismondi

Pavel Sirůček

Acta Oeconomica Pragensia 2017, 2017(2):98-106 | DOI: 10.18267/j.aop.577  

J. C. L. S. Sismondi was a Swiss historian, economist and writer. He is often cited as the last representative of the French branch of classical economics and a key author of the small producers type of theories. He left the classical liberal school and switched to economic romanticism. He has been indicated as the first author of systematic reflection on crises in opposition to contemporary conceptions of balance.

Martin Mandel a Jaroslava Durčáková: Mezinárodní finance a devizový trh

Jiří Fárek

Acta Oeconomica Pragensia 2017, 2017(2):107-108 | DOI: 10.18267/j.aop.578