Politická ekonomie, 2016 (vol. 64), issue 6

Příspěvek k časnějším odhadům hodnot čtvrtletních národních účtů

Contribution to the Earlier Estimations of Quarterly National Accounts

Luboš Marek, Stanislava Hronová, Richard Hindls

Politická ekonomie 2016, 64(6):633-650 | DOI: 10.18267/j.polek.1101  

Quarterly national accounts provide short-term macroeconomic information matched with those of the annual accounts. Their mission is to provide synthetic information as soon as possible after the end of the quarter. Due to the pressure, caused by Eurostat shortening deadlines on publishing this information, the task is more of creating a methodology to be used in the Czech Republic. Based on faster and more effi cient approaches, it should enable to perform and present estimates of aggregates of quarterly national accounts for the last quarter (and forecasts for the current quarter) at a satisfactory level of reliability. Basic considerations on the...

Ekonomický růst a lidský rozvoj v rozvojových zemích: zázračný, nebo začarovaný kruh?

Economic Growth and Human Development in Developing Countries: Virtuous or Vicious Circle?

Martin Schlossarek, Jaromír Harmáček, Petr Pavlík

Politická ekonomie 2016, 64(6):651-673 | DOI: 10.18267/j.polek.1102  

The paper analyses the relationship between economic growth and human development in developing countries. While the former is often perceived as a necessary precondition for successful human development, the latter is regarded to be the main development objective. However, the link between economic growth and human development seems to be more complex. According to Ranis et al. (2000) the relationship is two-sided and mutually reinforcing, so in the long run the countries usually end up either in the vicious circle of bad economic growth and human development performance, or in the virtuous circle of positive results in both areas. The authors also...

Vliv délky praxe na výši mezd zaměstnanců v České republice od počátku hospodářské recese v roce 2009

Influence of Length of Practice on Wages of Employees in the Czech Republic in the Period from the Beginning of the Economic Recession in 2009

Diana Bílková

Politická ekonomie 2016, 64(6):674-694 | DOI: 10.18267/j.polek.1103  

The present paper deals with the development of the gross monthly wage distribution according to the length of the practical experience of employees in the Czech Republic since the beginning of the global economic downturn in 2009, during the course of the crisis and in its aftermath. The gross monthly wage dependence on the length of the practice has been researched, the dependence intensity measurement being a part of the analysis. The trend analysis of gross monthly wage time series differentiated according to the length of the practice having been conducted, forecasts of wage levels for 2015 and 2016 were constructed with the use of the above analysis.

Výskyt a vznik nezaměstnanosti u žen s předškolními dětmi: případ České republiky

Occurrence and Rise of Unemployment of Women with Pre-School Children: the Case of the Czech Republic

Alena Bičáková, Klára Kalíšková

Politická ekonomie 2016, 64(6):695-712 | DOI: 10.18267/j.polek.1104  

In this study we explore the timing of the return of women with young children to the labour market after the family leave, using the Czech labor force survey data. We document the evolution of the unemployment risk by the age of their child and the mechanism through which mothers with young children become unemployed. Majority of women return to the labor market when their child is 3 years old. The unemployment rate among women with at least a high school diploma reaches 12% and among those with lower education is as high as 28% when their child is three. Women often become unemployed immediately after returning to the labour market. Almost 60% of...

Nová kritéria pro přijetí Eura

New Euro Convergence Criteria

Aleš Michl

Politická ekonomie 2016, 64(6):713-729 | DOI: 10.18267/j.polek.1105  

The sovereign debt crisis inside the European Monetary Union (EMU) as well as competitiveness problems of some EMU members made the members and non-members of the club address one question: Is a monetary union advantageous? This paper deals with the issue whether or not the Maastricht criteria are good indicators for deciding to join the eurozone, namely for a small open economy, as the Czech Republic. In particular, this analysis addresses the issue of price competition, which can be measured by the real effective exchange rate. In fact, the Maastricht criteria do not reflect the competitiveness of a country. Thus the arguments concerning the advantages/disadvantages...

Auditorské služby v České republice pohledem analýzy tržní koncentrace (se zaměřením na auditory subjektů veřejného zájmu)

Market Concentration of Audit Services in the Czech Republic: Empirical Evidence (Focusing on Auditors of Public Interest Entities)

Michal Šindelář, Libuše Müllerová

Politická ekonomie 2016, 64(6):730-746 | DOI: 10.18267/j.polek.1106  

The aim of this paper is to analyze the market concentration of audit services in the Czech Republic and compare its results with the international research. The analysis is based on transparency reports for years 2011-2014. Auditors that in the reporting period carried out the statutory audit at some public interest entity are required to compile and publish the transparency report. Among other information, auditors are required to specify their total turnover split into turnover of audit fees and turnover of non-audit fees. Globally recognized Herfindahl-Hirschman index is selected as an appropriate analytical tool. Herfindahl-Hirschman index is...

Teorie her, formování koalic a koncentrace politické moci v zastupitelstvu hlavního města Prahy

Game Theory, Coalition Formation and Political Power Concentration in the Prague City Assembly

Martin Dlouhý

Politická ekonomie 2016, 64(6):747-761 | DOI: 10.18267/j.polek.1107  

The objective of the paper is to study the political development in the Prague City Assembly after three elections in 2006, 2010, and 2014. The theory of voting games, the Shapley-Shubik and Banzhaf power indexes, and theories of coalition formation are used for an analysis of possible majority coalitions. We developed the mayor's power index that measures the probability that the party will be the strongest party in the majority coalition with the right having a mayor. Measures of concentration of political power are used for evaluating the processes of political fragmentation. The increased number of political parties represented in the Prague City...

Demiurg nahodilosti a chaosu vydal své ústřední dílo

Jaroslav Daňhel

Politická ekonomie 2016, 64(6):762-766 | DOI: 10.18267/j.polek.1108