The goal of this thesis will be to formulate an economic model that exposes the relationship between consumption of luxury goods and selected factors which includes advertising, disposable income, interest rate, price index and stock premium. By building the Multiple Linear Regressions model to formulate the consumption function and using the Ordinary Least Squares (OLS) as the method, it becomes apparent that advertising, disposable income and the previous quarter´s disposable income are the major variables to affect luxury good consumption, of all the factors. Furthermore, the previous quarter´s disposable income has a slightly higher effect than the current one on luxury consumption. Similar studies, which focus on luxury items, have proposed models that test a single or a few variables at a time, and others that concentrate on durable goods have a wide range of variables to examine. I attempt to combine both in my model to test luxury consumption with a wide range of variables. / 1.Abstrsact: short (1/2 page)The very specific purpose of your studyThe finding ( results) The method: statistical method, the data , the theoretical data,Compare your results with the results from similar studies.2.Introduction (1 and half page)A general idea ( 4-6 lines)Make references to theoretical and empirical research paper.Names, dates, and contribution.The purpose of your studyMethodLimitationOutline of the paper3.Conclusion (1 page)The purpose of the studyThe resultsThe methodComparison with the results from similar studiesCritical discussion of your own studiesFurther studies4. consider opponents points too

<p>The goal of this thesis will be to formulate an economic model that exposes the relationship between consumption of luxury goods and selected factors which includes advertising, disposable income, interest rate, price index and stock premium.</p><p>By building the Multiple Linear Regressions model to formulate the consumption function and using the Ordinary Least Squares (OLS) as the method, it becomes apparent that advertising, disposable income and the previous quarter´s disposable income are the major variables to affect luxury good consumption, of all the factors. Furthermore, the previous quarter´s disposable income has a slightly higher effect than the current one on luxury consumption. Similar studies, which focus on luxury items, have proposed models that test a single or a few variables at a time, and others that concentrate on durable goods have a wide range of variables to examine. I attempt to combine both in my model to test luxury consumption with a wide range of variables.</p> / 1.Abstrsact: short (1/2 page)The very specific purpose of your studyThe finding ( results) The method: statistical method, the data , the theoretical data,Compare your results with the results from similar studies.2.Introduction (1 and half page)A general idea ( 4-6 lines)Make references to theoretical and empirical research paper.Names, dates, and contribution.The purpose of your studyMethodLimitationOutline of the paper3.Conclusion (1 page)The purpose of the studyThe resultsThe methodComparison with the results from similar studiesCritical discussion of your own studiesFurther studies4. consider opponents points too

This thesis focuses on deaf people’s educational attainment, position on the labour market and sources of revenue. These issues are interrelated, for instance a higher level of educational attainment seems to be associated with a lower unemployment rate and higher levels of income. The national context is Sweden and the Swedish welfare state in 2005. All studies in the thesis compare a deaf population, consisting of 2,144 persons born between 1941 and 1980 who have attended a school for the deaf in Sweden, with a general reference population, consisting of 100,000 randomly chosen persons from the total Swedish population born between 1941 and 1980. Data for all studies consisted of registered information about the persons in the year 2005. The results show that there are differences between the deaf and the reference population regarding level of educational attainment, position on the labour market and sources of revenue and disposable income, with the deaf population having a poorer position than the reference population in all areas. There are also differences between the workplaces of the deaf and the people in the reference population, and it is twice as common for people in the deaf population than for people in the reference population to have a higher level of educational attainment than is required for their occupation. These differences between the deaf and the reference population cannot be associated with differences in the independent factors, as for instance sex, age and immigration background, for which the results have been adjusted. This thesis shows that being part of the deaf population appears to be of importance. Factors in conjunction with deafness that can increase our understanding of the differences between the deaf and the reference populations in an educational context, labour market context and economic context are discussed in the thesis.

Consumer function is a standard instrument of quantitative economic analysis to examine the relationship between consumer expenditure and income or other influencing factors such as liquid assets, interest rates or various demographic and social factors. In this thesis are presented the most frequently used methods in econometric analysis of consumption function. Attention is paid to the hypothesis of absolute income, relative income, life cycle, permanent income, rational expectations and consumption function based on the error correction model. Furthermore, the suitability of individual models for the current economic situation in the Czech Republic is assessed. Subsequently an empirical model of consumption function for the Czech Republic is designed and tested. Furthermore, the estimates of each consumption function model for the period before and after economic crisis of 2008-2009 are performed and compared. Finally, a short-term prediction of the consumption of Czech households is made.

This thesis analyzes determinants of housing construction in regions in the Czech Republic. The main research question is the impact of standard of living on housing construction. The living standard is expressed in terms of net disposable income per capita and housing construction represents the number of housing starts. Other determinants included to the model estimation are rate of unemployment, housing price and number of mortgage. Analysis works with the panel data from period 2005- 2015 and all variables are used in the logarithmic form with one year lag. The model is estimated by random effects model. The assumption about positive impact of living standard on housing construction is not confirmed, because of the statistical insignificance of variable net disposable income. In case of other variables expected effects are confirm. The increases in rate of unemployment and housing prices have the negative impact on housing construction. And opposite the number of mortgage has positive impact on housing construction.

For the past years, there has been an absence of economic crisis on a global level. The unexpected COVID-19 pandemic caused by the SARS-CoV-2 virus led to a significant disruption in economies across the globe, followed by a decrease in economic activity. The decline in economic activity caused market shocks which eventually increased unemployment. This paper aims to analyse unemployment between the years 2018 to 2021 to measure pre- and post-pandemic unemployment rate among Swedish municipalities. The research question is, was the COVID-19 affected significantly related to an increase in unemployment rates across the 290 municipalities in Sweden? Data collection is from several agencies, including the Swedish Public Employment Service (Arbetsförmedlingen), The Public Health Agency of Sweden (Folkhälsomyndigheten), and Statistic Sweden (SCB). The regression model used to analyse the variables are series of fixed effects regression. The aim of this paper is to contribute to the understanding of the pandemic and economic downturn. By examining variables such as COVID-19 affected, immigrants, education, and disposable income in municipalities, this paper was able to conclude that COVID-19 affected are significantly related to unemployment increase in all 290 municipalities.

This study examines whether macroeconomic variables, such as household disposableincome, financial assets and total debt affect household consumption by applying Panel dataon The fixed effects model. The data included 13 European OECD countries that are membersof EMU between the years 2009-2019. The test showed that disposable income is the onlyvariable with statistically significant effect on household consumption. The life cyclehypothesis as well as The permanent income hypothesis, states that individuals strive forsmooth consumption by distributing their resources relatively evenly. That way they are ableto maintain a certain standard of living. According to The Ricardian equivalence theorem,neither changes in saving nor indebtedness increase private consumption, if the initial wealthremains unchanged. These theories are included in the theoretical reference which, togetherwith previous studies, constitutes the starting point for this paper.

In recent months, there have been debates and discussions in Sweden regarding rents for rented apartments. Landlords want sharp rent increases due to high inflation and increased operating costs, while tenants and the tenant association are strongly against such a proposal. They mean that households with limited income can be hardly impacted by a sharp increase in their accommodation expenses. This thesis will analyze what external factors affect the rental compensation for rented apartments in Sweden for the time period 2018-2021. The result is based on a panel data analysis with collected data from 279 of Sweden’s 290 municipalities and is reported through a regression model. The outcome shows that disposable income, population and the number of completed rental apartments per 10 000 citizens, have a positive impact on the rent for rental housing. The result, however, does not show what effect the floating mortgage interest rate has, but is shown to have a positive impact as well based on previous studies on the subject. All the variables included in the model thus have an explanatory effect on the rent, but additional variables - for example, the location, condition and standard - can be included to get an even better result. / Under de senaste månaderna har det varit debatter och diskussioner i Sverige angående hyran för hyresrätter. Hyresvärdar vill ha kraftiga hyreshöjningar på grund av den höga inflationen och ökade driftskostnader, medan hyresgästerna och hyresgästföreningen är starkt emot ett sådant förslag. De menar att hushåll med begränsad inkomst kan bli hårt drabbade av en markant höjning i deras boendeutgifter. Denna uppsats kommer att analysera vilka externa faktorer som påverkar hyressättningen i Sverige under perioden 2018-2021. Resultatet utgår från en paneldataanalys med insamlad data från 279 av Sveriges 290 kommuner, och redovisas genom en regressionsmodell. Utfallet visar att disponibel inkomst, befolkningsmängd samt antalet färdigställda hyreslägenheter per 10 000 invånare har en positiv inverkan på hyran för hyresbostäder. Resultatet visar däremot inte vilken effekt den rörliga bolåneräntan har, men påvisas ha en positiv inverkan utifrån tidigare studier i ämnet. Samtliga variabler inkluderade i modellen har således en förklarande effekt på hyressättningen men ytterligare variabler - exempelvis läget, skick och standard - kan inkluderas för att få ett ännu bättre resultat.

In Sweden variable-rate mortgages are relatively common. Furthermore, householdindebtedness is high in relation to other nations within the European Union. Therefore,monetary policy has a stronger effect on the economy due to the household sensitivityregarding interest rates. During times of changes in the policy rate, the expectation is that theimpact on consumption is greater, because of a stronger effect due to higher sensitivity of theinterest rates. Moreover, consumption expenditures make up a large part of the Swedisheconomy, with approximately half of the gross domestic product consisting of householdconsumption. Because of the mentioned reasons it is important and compelling to examinethe relationship between the structure of the mortgage market, monetary policy andhousehold consumption. Thus, we investigate how the mortgage term affects householdconsumption during times the policy rate is changed. To answer the question an empirical method is utilized. The data used is quantitativesecondary data gathered from different sources and coordinated. The data material spans aperiod of roughly 17 years which contains three periods when the Swedish central bankchanged the policy rate and the observations are on a monthly basis, from january 2006 untilseptember 2023. To perform the analysis the statistical software IBM SPSS is used. Theregression analysis is implemented through the “General linear model”. The dependentvariable is household consumption. The explanatory variables include the proportion ofvariable-rate mortgages, disposable income, the policy rate as well as inflation. The policyrate and inflation are also lagged backward in time by one year respectively. The result of the regression analysis implicates that the effects of all the explanatory variablesin the study are statistically significant. As regards the policy rate though, only the laggedversion of the variable is statistically significant. The share of variable-rate mortgages, whichis a measurement of the mortgage term, has a negative effect on household consumption. Theeffect of disposable income is positive. Furthermore, both the policy rate and its laggedversion have negative effects on household consumption. In contrast, inflation has a positiveeffect while the lagged version of inflation has a negative effect on household consumptionwhich is larger in magnitude.

This thesis examines the effects of an increase of minimum wage level on unemployment, employment, disposable income and risk of poverty. We contribute to the existing literature by directly comparing results resulting from two similar datasets, one working with national, one with regional data. We use different sets of explanatory variables to see whether they affect the results of the estimation. On national level, our results confirm positive effect of minimum wages on employment of adults and on disposable income - but these findings were not confirmed on regional level. With respect to the regional perspective, the results are however subject to substantial uncertainty and are prone to substantial sensitivity to empirical specification. We attribute this uncertainty mainly to the quality of the data - small number of observations together with large heterogeneity. JEL Classification E02, E24, J08, J30 Keywords minimum wages, employment effect, disposable income, risk of poverty, panel data, NUTS 2 regions, comparison Author's e-mail majkovat@gmail.com Supervisor's e-mail jaromir.baxa@fsv.cuni.cz