Politická ekonomie, 2016 (vol. 64), issue 7

Articles

Odhad parametrů rozšířeného Kaldorova modelu a analýza stability stacionárního řešení

An Inflation Analysis Using an Endogenous Business Cycle Model

Jan Kodera, Quang Van Tran

Politická ekonomie 2016, 64(7):769-788 | DOI: 10.18267/j.polek.1096  

In this article we analyze the continuous inflation dynamics using a four-equation model. When constructing the model, the traditional Kaldorian two-equation model is extended by adding two other equations. One of them describes an adaptive inflation expectations and the other continuous dynamics of the money market. In this setting, the instability velocity of money circulation is assumed due to the effects of expected inflation on money circulation velocity. Then the parameters of the model are estimated using the real Czech economic data. As it is a non-linear model in its parameters, a non-linear estimation technique is used for this purpose. Further,...

Optimum spotřebitele a model ekonomické interpretace v mikroekonomii

Consumer Optimum and Model of Economic Interpretation in Microeconomics

Tomáš Langer

Politická ekonomie 2016, 64(7):789-803 | DOI: 10.18267/j.polek.1095  

Consumer choice theory uses continuous utility function, representing the consumer preference relation, as a traditional matter of course. However, there are alternative ways of defining consumer's optimum and proving its existence even without introducing such function. Contrasting both approaches raises question about aspects and limitations of economic interpretation of the mathematical form used in the theory. This article investigates economic interpretation in microeconomics as a relation of mathematical model and economic concepts and, using the example of consumer choice theory, formulates a model of economic interpretation based on the properties...

Analýza vývoje ekonomické kondice a efektivnosti privatizačního procesu bank v České republice

Analysis of the Development of the Economic Condition and Efficiency of the Privatization Process of Banks in the Czech Republic

Karel Zeman

Politická ekonomie 2016, 64(7):804-832 | DOI: 10.18267/j.polek.1092  

Banks which underwent the privatization process in the Czech Republic, i.e. Česká Spořitelna, a.s., Československá Obchodní Banka, a.s., Investiční a Poštovní Banka, a.s., Komerční Banka, a.s., Živnostenská Banka, a.s., have been very widely discussed by both professional and lay public from several perspectives. Namely, what the actual economic condition of these banks was on the date of completion of the privatization, as well as the transfer of graded loans, or rather low-performing assets, which the state took over and reimbursed to the banks through consolidation institutions (hereinafter CI), and all this obviously in relation to the purchase...

Základní problémy v oblasti investičních fondů z hlediska daňové zátěže

Key Issues in Investment Funds in Terms of Tax Burden

Tereza Krček

Politická ekonomie 2016, 64(7):833-850 | DOI: 10.18267/j.polek.1097  

The paper shows the fundamental problems in the area of investment funds in terms of tax burden with special regard to closed-end real estate funds. Based on the characteristics of administrative costs, the study shows that closed-end real estate funds do not behave as investment funds. The study proves that closed-end real estate funds behave more like businesses that are hiding behind investment funds. This conclusion is confirmed on the basis of extensive research, by collecting data from annual reports of independent auditors of all types of funds. More than 51 percent of closed-end real estate funds indicate very high administrative costs and...

Spokojenost se životem a zaměstnáním v České republice

Life and Job Satisfaction in the Czech Republic

Martina Mysíková, Jiří Večerník

Politická ekonomie 2016, 64(7):851-866 | DOI: 10.18267/j.polek.1093  

The article deals with life and job satisfaction of the Czech working-age population. First it highlights concepts of happiness and satisfaction within the emerging multidimensional approaches to individual and societal well-being. Then, it resumes the data sources of those measures, with specific attention to the Module on Subjective Well-being of the survey EU-SILC. Using this data, basic characteristics and determinants of life satisfaction are shown first and basic characteristics and determinants of job satisfaction after that. Finally the relationship between these two dimensions of satisfaction is analysed. It appears that determination of life...

Změny finančních nástrojů rodinné politiky v letech 20062015 a jejich potenciál měnit natalitní chování

Changes in the Financial Instruments of Family Policy in 2006-2015 and their Potential to Change Fertility Behaviour

Sylva Höhne, Věra Kuchařová

Politická ekonomie 2016, 64(7):867-890 | DOI: 10.18267/j.polek.1094  

The aim of this paper is to contribute to the discussion about the influence of family policy on family behaviour. The paper analyses the impact of parametric and system changes introduced in family and social benefits and tax reliefs in 2006-2015 on the income level of families with different demographic characteristics, and evaluates the potential of those changes to influence reproductive and partnership behaviour. The analytical part takes selected instruments of financial support to the family and shows the size of the financial provision families can claim depending on their previous earned income, to what extent that income is being compensated...

Book reviews

Je formalizace projevem krize, nebo rozvoje ekonomické teorie?

Jan Kodera

Politická ekonomie 2016, 64(7):891-896 | DOI: 10.18267/j.polek.1099  

Martin Macháček: Soumrak ekonomie? K problému formalizace a krize smyslu společenské vědy; Ostrava: Vysoká škola báňská – Technická univerzita Ostrava, 2015. 1. vydání. 1123 stran.ISBN: 9788024837499.

Byly restituční procesy v ČR pouze nápravou majetkových křivd, anebo byly zájmovými skupinami zneužity k dobývání renty?

Tomáš Hřebík

Politická ekonomie 2016, 64(7):897-902 | DOI: 10.18267/j.polek.1116  

Karel Zeman: Analýza restitučních procesů v České republice; Praha: Nakladatelství Karolinum, 2015. 1. vydání. 188 stran. ISBN: 978-88-024-6295-44