Volume 10 (2019): Issue 4 (December 2019)

The research presented in the paper aims to find out whether the public support (subsidies) received by cluster organizations for their development and activities is efficient. That means whether the state receives a return on investment in the form of increased revenues to public budgets. The research was conducted on a sample of seven cluster...

The author justifies the right of business entities to free economic initiative on the basis of the human right (hereinafter ‘HR’ or ‘HRs’) to liberty, and the right to positive discrimination of small and medium-sized enterprises (hereinafter ‘SMEs’) on the HR to equality, which is in the legal sense implemented by the HR to equal protection. Such...

In order to boost students’ entrepreneurial activities, it is essential to identify the factors that form entrepreneurial intentions and to investigate how the development of these factors can be influenced. This paper attempts to explore the main drivers of entrepreneurial intentions and to examine national differences in students’...

This paper investigates the impact of country size on the DSEG model estimation of the monetary union. Following DSGE model for fiscal policy simulations (FiMod) the union is considered to have a two-country structure, the investigated country has weight in union equal to its population share and the second country represents the rest of members...

Using a dynamic stochastic general equilibrium model (DSGE) with the housing sector, this paper evaluates the impact of housing collateral on the business cycle in the Czech economy. We devote special attention to the setting of the loan to value (LTV) ratio, which we believe plays an important role as a regulator of the monetary transmission...