The thesis deals with tax issue in Kingdom of Cambodia. The main goal is to analyse government tax income. The first chapter reveals historical development of tax system in consideration of the political and economical periods. The second chapter relates to the individual parts of the current tax system. The last chapter describes process of tax collection, primarily analyzing tax income and it's development in time. The analytic part of thesis also includes the breakdown of state expenditures.

This diploma thesis deals with determination of the relationship between unemployment and inflation using regression analysis in V4 countries. Four models are tested. The first model is a simple model of the Phillips curve that examines the relationship between inverse unemployment and inflation. Two other models deal with the relationship between unemployment and inflation expectations. The latter model addresses the relationship between cyclical unemployment and unexpected inflation. This work also includes calculating the natural rate of unemployment and determining the standard deviation using the Delta method. This work also deals with cyclical unemployment and the presentation of supply shocks for the V4 countries.

The diploma thesis concentrates on production of cattle in Ghana and on analysing whether cattle production has a bright future in Ghana. The main aim of the thesis is to evaluate the trend and performance of cattle production by using selected macroeconomic indicators. The indicators used were: population growth rate, inflation, gross domestic product and unemployment in the country in ten years (2006 to 2015). The indicators were also measured against domestic meat produced in the country. Findings suggest that a 1% increase in inflation will cause 0.04% increase in cattle production whereas a 1% increase in population will cause a huge change of 0.88% increase in the trend of cattle production. On the other hand, increase in gross profit product and unemployment do not cause any change in the trend of cattle production and domestic meat production.

This Diploma thesis deals with unconventional monetary policy tools, specifically with quantitative easing and its impact on two macroeconomic variables – GDP and inflation. Unconventional monetary policy has been mostly implemented since last financial crisis broke out in 2008 and has replaced the traditional but inefficient interest rate policy because of low interest rate environment. The main aim of the thesis is to evaluate macroeconomic effects of quantitative easing according to previously empirically estimated effects of QE between 2010 and 2018 and to identify the differences of these effects among three concerned economies – the USA, the United Kingdom and Euro area using linear regression. The question of effectiveness of QE’s impact on macroeconomic variables is answered in accordance with the main findings of the thesis and some related recommendations for future implementation of economic policy are made.

The master thesis focuses on the economical development of Europe after the fi-nancial crisis and the steps used by the ECB needed for the recovery of the Europe-an economy. The empirical part analyzes the quantitative easing of the ECB and its delayed impact on inflation. The second part of the empirical master thesis re-searches the quantitative easing of the ECB and its impact on the rentability of commercial banks in the Eurozone (Deutsche Bank, BNP Paribas) and identifies factors with the strongest impact on the chosen commercial banks as well. The rentability analysis of commercial banks and the impact on inflation is made by a regression time-series analysis.

The automotive industry is one of the most important industries in the Czech Republic. It represents a very significant part of all major macroeconomic aggregates. This work will be focused on the factors which influence the export of cars manufactured in the Czech Republic. A huge amount of Czech cars is exported to the European Union. Therefore, the influence of macroeconomic aggregates in the European Union will be examined. These macroeconomic aggregates are gross domestic product per capita, inflation, unemployment, exchange rate and interest rate of consumer loans. The work will be focused on individual carmakers and will include three models of amount of cars produced by Škoda, TPCA and Hyundai.

The diploma thesis deals with the analysis of the most significant phases of the monetary policy of the Czech National Bank, including the analysis and evaluation of its effectiveness from its origin to the present. The thesis is divided into three individual parts. Each part corresponds to a specific transmission mechanism applied by the Czech National Bank while implementing the monetary policy. Each chapter includes the assessment of the effectiveness of individual approaches and the analysis of the impact of the monetary policy as well as the decision of the Czech National Bank on the Czech economy. The very first chapter is focused on the application of the monetary transmission mechanism in conditions of the fixed exchange rate during which an increasing internal as well as external disequilibrium led to the monetary crisis. The second chapter is dedicated to the transition to the inflation targeting, expert discussion concerning its implementation and the evaluation of the achieved results. The last chapter presents the use of the CNB's additional instrument of the monetary policy in the form of the exchange rate including the reasons that led to this step. The closing part of this chapter focuses on the evaluation of the effectiveness of this policy.

Recent breakthrough studies by Gali and Gertler (1999), Sbordone (2002) and Roberts (2001) argue that the New Keynesian Phillips curve (based on Calvo pricing model) is empirically valid concept and they conclude that the real marginal costs are preferred driving force to output gap in inflation dynamics for open economies. Neiss and Nelson (2002) and Gali, Gertler and Salido (2001), in turn, contradict that to date, there has been only little empirical evidence to support this statement. Neiss and Nelson (2002) add that "once output gap is defined consistently with economic theory, the gap-based New Keynesian Phillips curve has a fit with data which is at least as good as the real marginal costs-based one". For this purpose, my study investigates relationship between output gap and inflation described in the hybrid New Keynesian Phillips curve. Study estimates key coefficients of the hybrid gap-based New Keynesian Phillips curve, with both forward- and backward-looking inflation components, in the Czech Republic for periods 2000Q1 - 2012Q4 using Kalman filtration. My findings suggest that (i) output gap has a significant impact on Czech inflation dynamics (ii) share of forward-looking agents predominates to backward-looking agents in the Czech Republic and (iii) Czech inflation seems to be significantly driven by change in import prices.

Tools of monetary policy of the Czech national bank - summary Zdeněk Zůna The purpose of my thesis is to analyze main factors affecting economic development of Czech Republic and describe in detail the instruments of monetary policy including reasons and consequences of their use. Author chose chronological interpretation with emphasis on inclusion in historical context. Introductory chapter defines the concept of monetary policy and outlines its types and goals. Along with the second and the third chapter, it creates necessary theoretical basis for the practical part. It explains why monetary policy is given to the hands of central banks as independent institutions, and why is price stability in most countries the only main objective of monetary policy. We also get a basic idea of what monetary expansions and monetary restrictions are and what are their consequences. Second chapter deals with process of monetary policy. It describes strengths and weaknesses of different strategies and shows the chain of economic links, through which the instruments used affect final goals. In addition, it presents some problems of monetary policy and discusses the role of time lags. Third chapter looks at the tools of monetary policy in general. Beside basic characteristics, it describes, how they influence monetary base,...

The diploma thesis deals with the comparison of the development of Slovakian and Czech economy. These countries which together in 1992 are made of a unitary state. The work is focused on their separate economic growth, between the years 1993 - 2015. The theoretical part explains the essence of the various macroeconomic indicators. This part also captures monetary policy which is related to the next chapter - Conditions for having the euro. The main part of the work is to valorize the economic development in the given timeframe. In the begining it is focused on the Czech economy and consequently on the Slovak economy. In tables and graphs for each indicator shown to highest or smallest fluctuations. Included are also the reasons why a given drop / rise occurred. Based on already acquired and calculated data occurs in the next section to compare to the two countries. Economic comparison of these countries are shown in the graph, for each of the macroeconomic indicators. The last part deals with the using the euro in the Slovakian Republic. From the already processeded data are compared to the economic situation that was before and after joining the eurozone. It also identifieds the reasons why the Czech Republic still doesnt have euro. The work even points to the possible impact on the Czech economy after the fulfillment of all convergence criteria.