Politická ekonomie, 2020 (vol. 68), issue 4

Articles

Ověření důvěry a spokojenosti zákazníků na českých slevových portálech metodou modelování strukturních rovnic


Verification of Trust and Customer Satisfaction with Czech Online Group Buying Applying Structural Equation Modelling

Pavlína Kozáková

Politická ekonomie 2020, 68(4):381-404 | DOI: 10.18267/j.polek.1287  

The topic of this paper is customers' trust and satisfaction with online group buying. The model of customer satisfaction was designed as a synthesis of the Expectation - Confirmation Model (ECM) and the DeLone & McLean IS Success Model. Reputation and perceived size of the online group buying website, system quality, information quality and service quality were factors analysed in the model. Trust was perceived as a predictor of customers' satisfaction. Data from the questionnaires were analysed using structural equation modelling. It was found that reputation and perceived size of the online group buying website have the most important impact...

Nerovnosti a ekonomický rast v krajinách Európskej únie


Inequalities and Economic Growth in EU Countries

Tomáą Domonkos

Politická ekonomie 2020, 68(4):405-422 | DOI: 10.18267/j.polek.1284  

This paper investigates the effects of economic growth on income inequality in EU countries by employing econometric models. We estimated the effect of growth on the share of income for all particular deciles of population and on the Gini. Other control variables were included in the models as well. The results showed a negative effect of economic growth on inequality, while this impact is the largest for the deciles ranging from the third to the seventh. This can be perceived as an indication of a shrinking middle class. Inequality-increasing effects were found for long-term unemployment, openness and partly for indicators of importance of the financial...

Kontroverze konceptu minimální mzdy, aplikace na Českou republiku


Concept of Minimum Wage Controversy: The Case of the Czech Republic

Helena Chytilová, Petr Frejlich

Politická ekonomie 2020, 68(4):423-442 | DOI: 10.18267/j.polek.1285  

The issue of minimum wage is highly topical in the context of the so-called minimum wage controversy, which contradicts the attitude of the neoclassical school. The aim of this paper is to analyse the effect of minimum wage increase together with effects of changes in other exogenous variables such as GDP growth rate, inflation rate, unemployment compensation and other social benefits on the real unemployment rate in the Czech Republic in 2006-2018. Linear regression models are tested using the Cochrane-Orcutt method. The effect of minimum wage increase on the rate of unemployment proved to be insignificant in the period 2006-2018. A negative effect...

Vz»ah medzi prílevom priamych zahraničných investícií a nezamestnanos»ou v Slovenskej republike


Relationship Between Foreign Direct Investment Inflow and Unemployment in the Slovak Republic

Ąubomír Darmo, Marcel Novák, Ján Lisý

Politická ekonomie 2020, 68(4):443-461 | DOI: 10.18267/j.polek.1289  

The inflow of foreign direct investment (FDI) is linked to several positive effects, which result in growing gross domestic product (GDP) and reduced unemployment rate in the host country. The level of GDP and the unemployment rate determine the FDI inflow, but contrariwise, FDI inflow has an impact on these variables. In the paper, we investigate which of these variables is the impulse and which is consequently determined by the impulse variable. The objective of the paper is to examine the length of the FDI effect in a host economy as well as the impact of FDI inflow on the unemployment rate using vector autoregression and impulse-reaction functions....

Discussion

Vztah mezi saldem hospodaření a dluhem vládních institucí


Relation Between Government Balance and Debt

Václav Rybáček, Petr Musil

Politická ekonomie 2020, 68(4):462-482 | DOI: 10.18267/j.polek.1290  

The relation between government deficit and debt is not straightforward and draws intensive attention of users and analysts. In reality, surplus balances can accompany increasing debt even in the long term. The objective of the paper is thus to scrutinize, by analysing international data, the closeness of both aggregates, which is essential for assessment of the long-term sustainability of public finances. The text explains factors entering between both macroeconomic indicators, as they are currently defined. Furthermore, the text discusses alternatives to currently defined debt and their closeness to the government final balance. The development of...

Book reviews

Nové trendy v businessu

Petra Králová

Politická ekonomie 2020, 68(4):483-486 | DOI: 10.18267/j.polek.1293