Politická ekonomie, 2017 (vol. 65), issue 3

Articles

Peníze v bankovním systému analýza bilancí centrálních bank

Money in the Banking System - Analysis of the Balance Sheets of Central Banks

Zbyněk Revenda

Politická ekonomie 2017, 65(3):267-286 | DOI: 10.18267/j.polek.1143  

Crisis development in some banking systems has been associated with large-scale aid programs, which has been heavily involved with the central bank's impact on the very rapid growth of their balance sheets. The banking system in the Czech Republic in the period 2005-2015 has not undergone any crisis. Significant changes in the balance of the Czech National Bank were associated with foreign exchange interventions against the Czech crown. High liquidity determines almost zero demand of banks for loans from the central bank. The Czech National Bank is in the "debtor" position in relation to banks. Central banks in the European Monetary Union and the United...

Charakteristiky insolvenčních řízení společností s virtuálními sídly

Characteristics of Insolvency Proceedings of Enterprises with Virtual Address

Luboš Smrčka, Dagmar Čámská, Markéta Arltová, Jan Plaček

Politická ekonomie 2017, 65(3):287-300 | DOI: 10.18267/j.polek.1144  

The aim of the research is to show differences between characteristics of insolvency proceedings of traditional and virtual enterprises. This paper focuses on results of insolvency proceedings in the case of enterprises which do not have a traditional headquarter. Instead of the traditional headquarter these enterprises are registered at virtual addresses for a purpose of business register. Among the professional public this institute enables discussions about lower transparency and even functioning of grey-area. First the paper analyzes results for enterprises with virtual address and second these results are compared with traditional enterprises....

Determinanty zadĺženosti miestnych samospráv Slovenskej republiky

Determinants of the Municipal Indebtedness in the Slovakia

Lenka Maličká

Politická ekonomie 2017, 65(3):301-315 | DOI: 10.18267/j.polek.1145  

Municipalities in the Slovakia as part of public sector have to finance their needs in accord of legally set municipal budgeting principles. The general basic rule mentions that current needs have to be financed from current budget. Capital or investment expenditure can be financed by returnable resources. Using returnable finance resources induces the indebtedness. Although the state level of government is not responsible for the indebtedness incurred on municipal level, usually limits the municipal indebtedness by law and monitors the total municipal debt and debt service. The paper deals with municipal indebtedness in the SR, where total municipal...

Analýza vývoje trhu veřejných zakázek v České republice v letech 20082015

Analysis of the Development of the Public Procurement in the Czech Republic in the Years 2008-2015

Pavla Chmelová, Vladimír Štípek

Politická ekonomie 2017, 65(3):316-334 | DOI: 10.18267/j.polek.1146  

This article analyses the development of the public procurement market in the Czech Republic in the period from 2008 to the present in connection with the adoption of new legislation relating to the Act on Public Procurement no. 137/2006. This text evaluates the objectives of legislative changes (transparency, increase in competition powers and effective price enforcement) exa-mined from the viewpoint of selected parameters of the procurement market. It was found that the transparency in terms of reducing the use of the restricted procedure of public procurement improved and the share of public contracts conducted under the new Act on Public Procurement...

Podpora pracovní aktivity matek s dětmi do tří let

Measures to Increase Economic Activity of Mothers with Children under Three Years Old

Lucia Bartůsková

Politická ekonomie 2017, 65(3):335-350 | DOI: 10.18267/j.polek.1147  

This article analyses the options how changes in Czech tax-benefit system could increase mother´s economic activity. The article builds up on the study (previous author´s study published in 2015). This underlying study presents a calculation according to which women, taking care of children up to 3 years, results with a lower net cash flow after returning to work compare to staying at home. The aim is to propose measures that would motivate women, with children up to 3 years, to return to work and simultaneously quantify the impact of these measures on the state budget. Economic effects of the proposed measures are quantified, including the cancelation...

Discussion

Deflace, odklad spotřeby a hospodářské krize: rétorika centrálních bank vs. ekonomická literatura

Deflation and Economic Crisis: Central Banks' Rhetoric vs. Economic Literature

Lukáš Kovanda, Martin Komrska

Politická ekonomie 2017, 65(3):351-369 | DOI: 10.18267/j.polek.1148  

The aim of this paper is to show that the current anti-deflationary rhetoric of central banks lacks adequate support from the economic literature. Based on pure theory, there might be both positive and negative effects of deflation on economic development. The historical record is, if anything, also ambiguous. As recent literature reveals, a substantial number of deflationary periods were accompanied by robust economic growth. The two frequently mentioned examples of dismal deflationary periods - the Great Depression in the United States and the lost decades in Japan - seem to be exceptions. Taking into account the arguments presented in this paper,...

Book reviews

Základní nepodmíněný příjem - oprávněnost a realizace

Jitka Špeciánová

Politická ekonomie 2017, 65(3):379-382 | DOI: 10.18267/j.polek.1150  

Volání po zdanění bohatých

Marek Loužek, Hana Lipovská

Politická ekonomie 2017, 65(3):383-388 | DOI: 10.18267/j.polek.1139  

From scientific life

Nositelé nobelovy ceny za ekonomii pro rok 2016

Pavel Sirůček

Politická ekonomie 2017, 65(3):370-378 | DOI: 10.18267/j.polek.1149