Projects
Recent projects
of bank assets), new approaches to reducing risks of systemically important institutions, and upcoming EU financial crisis framework will have to be taken into account. On top of it, the assessment of regulatory impacts will be carried out in a way that reflects underlying post-crisis changes in global macroeconomic environment.
with time-varying dimensions and/or non-linearity due to financial distress. Similarly, models to forecast the exchange rate will be enriched with financial stress measures.
Completed projects
Addressing the loss of income due to temporary incapacity, pregnancy and maternity in the EU
Ministry of Labour and Social Affairs
Krebs, Vojtěch; Mertl, Jan; Kubátová, Květa; Čejka, Robin; Horecký, Jiří
Assessment of remuneration system of employees, funds for their salaries are paid wholly or largely from publ. sources, a comparison of the Czech salary system with remuneration systems of similar ranges of employees and employers in selected EU States
Ministry of Labour and Social Affairs
Krebs, Vojtěch; Mertl, Jan;
Subject of research is a system of remuneration of civil servants whose funds for the salaries are wholly or largely reimbursed by public budgets. Researchers will not deal with issues of remuneration of constitutional officials and workers in service relationships. The result of the project will be a comprehensive study recording the problems, strengths and weaknesses of the Czech salary system in terms of its development over the past 15 years from the perspective of international comparisons, and proposals for adjustments of the Czech remuneration system of employees whose salaries are paid by public budgets.
The theory of redistribution systems
Valenčík, Radim; Sekerka, Bohuslav; Budinský, Petr; Wawrosz, Petr; Vysloužilová, Hana; Benesch, Jiří; Vávra, Pavel
Czech Science Foundation
The theory of redistribution systems is an original and prospect microeconomic area of development of a play
theory at the level of basic research with practical applications and own mathematical appliances. It examines an
influence of redistribution inside various social systems on their effectiveness in such cases when the edistribution has been caused by origin of coalitions inside them. The basis of the theory was specified within the frame of a project of GA CR Investment into social capital and effectiveness (2006 - 2008) a solver of which is the proposer of this project. The aim is elaboration of mathematical means and consequently also a computer model, completion of the ground of the theory of redistribution systems as a methodologically consistent theoretical discipline, its application for a disclosure of general relations of distribution of salaries in organizations, development of analytical tools enabling modelling of tendencies of development of economic systems, providing domestic and foreign experts with information on applicable policies of this theory.
New Approaches to an Optimalization of Budgetary and Fiscal Policy with Emphasis on the Fiscal Discipline
Hamerníková, Bojka; Dvořák, Pavel; Kubátová, Květa; Láchová, Lenka; Ochrana František; Štěpánek Pavel
Czech Science Foundation
The need of search for new approaches to optimization of budgetary policy is a reaction to a growth of public expenditures and the risk resulting from thereof. The project will target the area of public revenues, expenditures, and the so-called relative weight of public debt with the aim of analyzing the basic findings of the global economic research as well as with the aim of analyzing factors affecting the situation in these areas, it will review the dangers resulting from maintaining this situation and propose solutions to existing problems. During the research secondary analysis of academic sources, empiric analyses of the current situation, methods and analyses using statistical and econometric methods, optimization methods will be used. In order to find possibilities and scope of application of solutions, the comparative analysis on international level will be used as well as secondary analysis of the decisive sphere, a model of result-oriented budgeting for state budget will be proposed, and recommendations will be formulated for decisive authorities.
Development and perspective of dependence and need of long-term social-health care and social services in the period 2012-2020 in population over 65 in terms of health status
Ministry of Labour and Social Affairs
Krebs, Vojtěch; Mertl, Jan; Mottl, Patrik
The project aims to: an analysis of the impacts of health status of people aged 65 years on the needs for social services and long-term care; a prognosis of needs development in different age groups by 2020; a provision of an objective medical documentation in this area that could be used for any corrections of social services system; the evaluation of changes in the structure of care allowance recipients; projections of results of the analysis of the health status of people aged 65 and the expected changes to changes in the structure of the care allowance recipients; projection of results of this analysis in the criteria for assessing of the dependence rate and contingent proposals for their adjustment.
Investments in Social Capital and Efficiency
Valenčík, Radim; Čechák, Vladimír; Zich, František; Helísek, Mojmír; Wawrosz, Petr
Czech Science Foundation
Social science is now very interested in topic of investments into social capital and construction of social networks (see publications written by P. Bourdieu, M. Castells, J. Coleman, R. Putnam, and others). It is caused by the fact that human capital can be used only if man becomes a member some social network.
Czech science plays sufficient attention investments into human capital. However systematic research, which is interested in investments into social capital and mutual dependence these investments and investments into social capital from the point of view of their Pareto efficiency, has not existed in Czech Republic yet. From this point of view the relations among rival and collaboration networks and the role of educational process is especially significant. These relations and other topics can be researched by using theory of games.
The main aims of research: 1. Describe the most important social networks in Czech Republic establishing of which is influenced by investment into education 2. Identify relations among these networks and global social networks 3. Make a conclusion about the influence of education on cooperative character of social networks.
Accession of the Czech Republic to the euro-zone: the risks connected with the adherence to the exchange rate convergence criterion
Helísek, Mojmír; Kaňková, Eva; Šaroch, Stanislav; Pazour, Michal
Czech Science Foundation
The accession to the euro zone is expected in 2009-2010. The exchange rate convergence criterion requires that a stable exchange rate in ERM II system be maintained for at least 2 years. The aim of the project is to assess the risks related to maintaining the exchange rate criterion with emphasis on currency crises. The starting point will be the evaluating of the exchange rate criterion adequacy and the expected possibility of modifying it, as well as the analysis of currency crises. The transition from floating to a fixed exchange rate and setting a central exchange rate to euro at the time of joining the ERM II will also be evaluated. The main problems are the circumstances leading to reversals in capital flow and pressures for devaluation. Investigating these causes of currency crises also covers recognising them as timely warning signals enabling the authorities of economic policy to intervene. Analogies with the development of the European monetary system (1992-93 crises, fixing up exchange rates in 1997-98) and with the development of exchange rates of currencies in the joining countries (the Czech crisis 1997) will be researched. The project is scheduled into two years. Its partial outputs will be in the form of articles in professional press and a seminar. The final output will be a brochure published by the establishment of the applicant.
Theoretical and methodological basis for analyses of financial markets regulation and supervision systems
Kubíček, Antonín; Pavlát, Vladislav; Záškodný, Přemysl; Křivohlávek, Václav; Budík, Josef; Böhm, Arnošt; Jakub, František;
Czech Science Foundation
The Project is aimed at formulating theoretical and methodological starting points for analyses of financial markets regulation and supervision systems. Theoretical research of these problems is still at the very beginning all over the world.
The aim of this research project is firstly, to define basic theoretical and methodological starting points for analyses of financial markets regulation and supervision systems, secondly, to define the main interdependencies between the actual stage of financial markets and a corresponding regulation and supervision system enabling optimal and efficient degree of these activities at a tolerable cost, and thirdly, to define quantitative and qualitative criteria of an efficient function of financial markets regulation and supervision and to define the optimal structure of organisation of the regulationary and supervisory activities as well.
Creating a theoretical and methodological basis for these analyses will allow for a desirable objectivisation of decision making processi concerning financial markets regulation and supervision systems.
Effectiveness of Investing into Human Capital
Valenčík, Radim; Čechák, Vladimír; Šenkýřová, Bohuslava
Czech Science Foundation
Effectiveness of Investing into Human Capital: This project starts from an assumption that effectiveness of investing into human capital is conditioned by deleting three imperfections of the capital market (predominantly in the sense of product development and institutional environment). It results into answer to the following questions: 1/ How the process eliminating the imperfections of capital market in the area of investing into human capital proceeds and what possibilities are being offered. 2/ Where and how the increase of effectiveness of investing into human capital manifests and can manifests itself. 3/ What role the increase of investing into human capital plays in transformation of an economic system. Answer to these questions will be given: - On the level of retrospective (that is in the form of description and process analysis, which take place in the actual economic system) and on the level of perspective (i.e. in the form of future development prediction in this area).