Politická ekonomie, 2021 (vol. 69), issue 2

Articles

Návrh progresivního zdanění právnických osob v České republice a jeho zhodnocení

Proposal for Progressive Taxation of Corporate Entities in the Czech Republic and Its Evaluation

Danuše Nerudová, Veronika Solilová, Lucie Formanová, Marek Litzman

Politická ekonomie 2021, 69(2):145-169 | DOI: 10.18267/j.polek.1312

The aim of the paper was to propose a progressive corporate taxation in the Czech Republic and to evaluate whether the introduction of the progressive corporate taxation could straighten the position of Czech taxpayers in the view of the tax burden and equity of taxation. We designed and evaluated a sliding progressive taxation with 5 tax bands. Panel regression was also applied to estimate the taxpayers' response to changes in the statutory tax rate. According to the proposed progressive corporate taxation, micro-enterprises would face 13.59% of tax burden, small enterprises 17.40%, medium-sized enterprises 20.18% and large entities 22.42%. The results...

Vybrané determinanty zaměstnanosti osob v postproduktivním věku na trhu práce v České a Slovenské republice

Selected Determinants of Employment of Persons in Post Productive Age on Labour Market in Czech Republic and Slovakia

Adéla Zubíková, Katarína Švejnová-Höesová, Zdeněk Chytil

Politická ekonomie 2021, 69(2):170-192 | DOI: 10.18267/j.polek.1302

Pension systems are strained with negative impacts on the state budget as a consequence of the endangering trend of worsening demographic structure and population aging. The aim of this paper is to map trends of employment rates of persons 65-69 years old in the Czech Republic and Slovakia between 1998 and 2017 and to analyse selected determinants affecting these rates. These determinants are then subjected to statistical and regression analysis using panel data for the period 1998-2017. Based on the analysis results, the authors come to three conclusions for both countries: firstly, the increase in pensions is not a limiting factor in the employment...

Cultural Participation in Later Life Among Older-aged Immigrants in the Czech Republic

Eleftherios Giovanis, Sacit Hadi Akdede

Politická ekonomie 2021, 69(2):193-226 | DOI: 10.18267/j.polek.1311

The first aim of the study is to compare the intensity of participation in cultural activities among natives, first- and second-generation immigrants in Czech Republic. The second aim is to examine whether the participation in those activities improves the emotional and psychological well-being of first-generation immigrants compared to the natives. The empirical analysis relies on data from the Survey of Health, Ageing and Retirement in Europe in 2017. We perform a system of simultaneous ordered probit models. To further improve our estimates, we apply an instrumental variables (IV) approach to reduce the endogeneity issue. The results show that natives...

Discussion

Transmise měnové politiky a spodní efektivní hranice měnověpolitické úrokové sazby

Monetary Policy Transmission and Effective Lower Limit of Monetary Policy Interest Rates

Milan Šimáček

Politická ekonomie 2021, 69(2):227-253 | DOI: 10.18267/j.polek.1310

The central banks of developed countries and those in the region of Central Europe responded to the global financial crisis of 2008 and subsequent economic recession by considerably easing monetary conditions and using new monetary policy tools. One of those tools was the entry into the so far uncharted territory of negative interest rates. The passage of some years after the inception of these new tools has allowed the emergence of new empirical literature, which addresses their effects and effectiveness. The primary objective of this paper is to examine and summarize the empirical literature that deals with the effective lower limit of interest rates,...

Search