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The External Publications Review Committee of CERGE-EI, which reviews all
CERGE-EI books, consists of Prof. Jan Kmenta of the University of
Michigan, and Prof. Randall Filer of CUNY.
Recent books published by CERGE-EI available in their entirety on the World Wide
Web.
Czech Republic Series:
Other:
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Czech Republic 2008: Strong Currency, No Rush Toward the Euro
On the global scene, the year 2008 was characterized by a lingering
mortgage crisis in the first half of the year, and an onset of a global
financial crisis and the impending recession in the second half of the
year. On the background of these events, the annual CERGE-EI economic
survey of the Czech Republic, edited by Dr. Alena Bičáková and Dr. Peter
Katuščák, focuses on the strong appreciation of the Czech currency and the
effort of the Czech National Bank to tame inflation by consecutive
interest rate hikes in the first half of the year followed by a correction
in the exchange rate and aggressive rate cutting in the fall.
Traditionally, the survey also covers developments in the capital and
labor markets and public and non-profit sectors. Like in 2007, it also
adds a more detailed coverage of selected sectors and it closes with a
special new chapter on the economic position of the Czech Republic within
the EU.
The booklet is available here. For printed version please contact the CERGE-EI Development&PR Department
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Czech Republic 2007: The Beginning of Fiscal Reform
After the turbulent post-election political development in the second half
of 2006, the new government set out to implement a series of reforms. The
annual CERGE-EI economic survey of the Czech Republic, edited by Dr. Peter
Katuščák and Dr. Petr Zemčík, provides a detailed description of the
implemented as well as intended public sector reforms and their likely
consequences. The annual survey also describes the most important events
affecting the macroeconomic situation and the labor market. A novelty of
this year's issue is a chapter devoted to more extensive coverage of
several sectors in the economy.
The booklet is available here. For printed version please contact the CERGE-EI Development&PR Department
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Czech Republic 2006: Accelerated Growth
The booklet is available here. For printed version please contact the CERGE-EI Development&PR Department
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Czech Republic 2005: Year After
The annual CERGE-EI economic survey of the Czech Republic provides an
overview of the country's recent economic and political developments, as
well as its major institutions, business environment, taxes, and other
public policies. It also contains a host of data on the Czech Republic and
other countries. In the 2005 edition, special attention is paid to the
immediate effects of the EU entry, and to the human capital composition of
the Czech labor force. The survey, edited by Dr. Libor Dusek and Prof.
Kresimir Zigic, was authored by a number of CERGE-EI faculty and junior
researchers.
The booklet is available here. For printed version please contact the CERGE-EI Development&PR Department
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Czech Republic 2003/2004: Entering the EU
This year, the annual CERGE-EI economic survey of the Czech Republic
focuses on the proposed fiscal reform and the imminent EU entry. The
survey, edited by Dr.Stepán Jurajda and Dr. Libor Dusek and authored by a
number of CERGE-EI faculty and junior researchers, covers all aspects of
recent economic evolution as well as the most important political
developments. In addition to fiscal-reform and EU-accession chapters, it
includes detailed coverage of macroeconomic, enterprise-sector,
labor-market and environmental issues, and provides a host of comparative
statistics.
The booklet is available free of charge here
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Czech Republic 2002: Invited to the EU
The past year, 2002, was quite rich in important events and CERGE-EI's annual summary of these events was published in January 2003. Dr. Štěpán Jurajda and Dr. Lubomír Lízal, Deputy Director for Research, were the editors of the book. Articles were written by a number of CERGE-EI faculty members and researchers, including senior students.
The 2002 issue focuses on several long-term phenomena of political and economic development: the need for fiscal reform and our invitation to the European Union. Other aspects of long-term economic growth prospects are addressed as well, for example, the shadow economy, corruption and labor market policies. The results of all elections in the year 2002 are included as well as a summary of the flooding damages. Customarily, the usual general topics are Political Transformation, Macroeconomy, Microeconomy, Labor Market, Ecology, and EU Accession. An extensive comparative statistical data of transition and accession countries are presented together with economic forecasts for the year 2003.
The principle sponsor of the 2002 book is the Ministry of Foreign Affairs of the Czech Republic.
The booklet is available free of charge as a PDF file.
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Czech Republic 2001: Mixed Blessings
As it used to happen in the past years, CERGE-EI's annual summary was
published in December 2001. Dr. Jan Hanousek, Director of CERGE-EI, and Dr. Lubomir
Lizal, Deputy Director for Research were this year's editors. All articles were
written by members of CERGE-EI faculty and researchers, including the junior
ones. This year's issue focuses on two phenomena of the last period: moderate
economic growth and unhealthy roots of the long-term growth prospects, like
shadow economy, corruption or institutional framework are. The usual topics as
Political Transformation, Macroeconomy, Microeconomy, Work and Pay, Ecology, and
EU Accession are included. As a standard in this series, a wealth of comparative
statistical data and economic forecasts are presented.
Principal sponsors of the 2001 booklet are the Ministry of Foreign Affairs of the Czech Republic and the Phare
Programme.
The booklet is available free of charge as a PDF file.
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Czech Republic 2000: Quo Vadis?
CERGE-EI's fifth annual summary was published in December 2000. As with the
1999 edition, Dr. Jan
Hanousek, Director of CERGE-EI, and Dr. Daniel Munich, Deputy
Director for Graduate Studies served as editors. Articles were written by a
number of CERGE-EI faculty members and researchers. This year's booklet
discusses the economic potential of the Czech Republic in the 21st century by
analyzing topics as Political Transformation, Macroeconomy, Microeconomy, Work
and Pay, Ecology, and EU Accession. As has become standard in this series, there
is a wealth of comparative statistical data and economic forecasts presented as
well.
Principal sponsors of the 2000 booklet are the Phare
Programme and the Ministry of
Foreign Affairs of the Czech Republic.
The booklet is available free of charge as a PDF file.
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Czech Republic 1999: Back to the Drawing
Board CERGE-EI's publication summarizing the economic situation in
the Czech Republic was published in December 1999. This edition was edited by Dr. Jan Hanousek, Director of
CERGE-EI, and Dr. Daniel
Munich, Deputy Director for Graduate Studies, and features articles by a
number of CERGE-EI faculty members and researchers. This year's booklet, which
corresponds with the 10th anniversary of the Velvet Revolution, covers such
topics as Political Transformation, Macroeconomy, Microeconomy, Foreign Trade,
Work and Pay, Ecology, and EU Accession. In addition, there is a wealth of
statistics, as well as economic forecasts.
Principal sponsors of the 1999 booklet are the Phare Programme, Grant Agency of the Czech Republic, and Skoda Auto.
The booklet is available free of charge as a PDF file.
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Czech Republic 1998: Facing Reality
Published in early 1999, this 92-page booklet is one in a series of
successful annual summaries of the situation in the Czech Republic. Edited by
CERGE Director Frantisek
Turnovec and written by a team of CERGE-EI economists, the 1998 book
features expanded coverage of the Czech Republic's on-going negotiations on
accession to the European Union. It also, as usual, features comprehensive
overviews of the situations in the Czech political, macroeconomic,
microeconomic, foreign trade, labor, and ecological spheres, as well as the
latest statistics on the Czech economy.
Published through the sponsorship of Skoda automobilova, a.s.
Available free of charge as a PDF file.
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Czech Republic 1997: The Year of Crises
Edited by Frantisek Turnovec, the Director of CERGE, and including
contributions from several CERGE and EI economists, this 64-page booklet
continues the tradition of the 1996 publication (see below). Its chapters
cover various areas of the Czech economy (macroeconomy, microeconomy, foreign
trade, public economy, etc.) as well as other spheres of Czech public life
during the year 1997, a truly critical one in the transition of the Czech
Republic.
Published through the sponsorship of Skoda automobilova, a.s.
Available free of charge as a PDF file.
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Czech Republic 1996: Basic Socio-Economic Indicators
Edited by Frantisek Turnovec, a 52-page booklet containing a wealth of
general information and economic facts and forecasts by a team of CERGE and EI
economists.
Available to you free of charge as a PDF file.
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Elements of Time Series Econometrics: an Applied Approach
Evzen Kocenda, Alexandr Cerny 2007
This book presents the numerous tools for the econometric analysis of time series. The text is designed with emphasis on the practical application of theoretical tools. Accordingly, material is presented in a way that is easy to understand. In many cases intuitive explanation and understanding of the studied phenomena are offerd. Essential concepts are illustrated by clear-cut examples. The attention of readers is drawn to numerous applied works where the use of specific techniques is best illustrated. Such applications are chiefly connected with issues of recent economic transition and European integration. The outlined style of presentation makes the book also a rich source of references.
The text is divided into four major sections. The first section, "The Nature of Time Series?, gives an introduction to time series analysis. The second section, "Difference Equations?, describes briefly the theory of difference equations with an emphasis on results that are important for time series econometrics. The third section, "Univariate Time Series?, presents the methods commonly used in univariate time series analysis, the analysis of time series of one single variable. The fourth section, "Multiple Time Series?, deals with time series models of multiple interrelated variables. Appendices contain an introduction to simulation techniques and statistical tables.
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Growth, Inflation, and Banking:
The Role of Human Capital
Michal Kejak, 2006
This book concentrates on the role of human capital as a growth engine in the process of economic development and its effect on a better explanation of the long-run relationship between growth, inflation and other monetary phenomena. The first part of the book provides a general theory of how the development of countries could progress via different stages of growth using an extended Lucas model with external benefits of human capital through a diffusion of new knowledge.
The second part of the book proposes an extension of the standard Lucas model by the introduction of money and an explicit banking sector allowing to model the interactions between real and monetary phenomena. The key mechanism that helps to explain the evidence is the ability of the representative consumer to choose between competing payment mechanisms, money and credit.
Available to you free of charge as a PDF file
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Theory of Strategic Trade Policy in North–South Trade:
Optimal Northern and Southern Tariffs in an Inherently Asymmetric Environment
Kresimir Zigic, 2006
The theory of strategic trade policy posted a challenge to the prevailing concept of free trade. The key claim of the theory is that a significant
share of international trade takes place in an imperfectly competitive
environment that, in turn, requires oligopoly theory as an underlying
concept. The government is viewed as an important actor in this context
that possesses the ability to alter the above strategic interactions in
favor of the domestic firm, and, in favor of domestic consumers and the
domestic treasury. Thus, it may be socially beneficial for a government to
intervene by tariffs, subsidies, quotas, etc. in order to secure higher
domestic social welfare. The main issues of this monography are an inquiry
into strategic trade policy in the "North South" intra-industry trade
context from both a Northern and Southern perspective. The context of
North South trade implies that international trade takes place among ex
ante asymmetric actors. This asymmetry can, among other things, arise from
a) the presence of unilateral R&D spillovers b) the difference in unit
costs of production or c) different quality costs among the firms. Given
the above asymmetries, the book explores some properties of optimal
strategic trade policy as well as its sensitivity and its social welfare
implications with respect to different modes of competition, information
asymmetry and variations in ability of government to pre-commit to its
policy choice.
Available to you free of charge as a PDF file
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Tale of The Czech Transition: Understanding The Challenges Ahead
Jan Hanousek, Evzen Kocenda, Lubomir Lizal, 2004
The break-up of the command system in the economies of
Central Europe and the following disintegration of the former Soviet
empire have brought unprecedented changes to nations in Central and
Eastern Europe. The Czech Republic embarked on an uneasy path of reform
from a planned to a market economy in 1990 and even at such an early stage
it became clear that changing regimes would entail many reforms. Recent
years have witnessed several significant steps in the Czech Republic?s
transition toward a functioning market economy. This book, a
policy-oriented economic commentary, brings together review and assessment
of the reform process, provides important lessons for other reformers, and
charts the challenges ahead.
Available to you free of charge as a PDF file
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Human Capital in Transition, Czech Students and Workers Adapting to the Market
Daniel Munich, 2003
This book provides a detailed analysis of the transition experience of
Czech workers and students. The first chapter starts with a
cross-sectional comparative study of the transition from communist to
market wage structures and returns to human capital. The second chapter
provides insight into workers' mobility and the resulting wage gains,
which underlie the changes in the observed cross-sectional patterns. The
third chapter sheds light on the profound changes in the schooling system
and the behavior of students and schools in light of the emerging labor
market for human capital.
Available to you free of charge as a PDF file
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Three Stages of Czech Labor Market Transition: Reallocation, Incentives and EU Standards
Stepan Jurajda, 2003
Recent work on the following three aspects of labor market transition in
the Czech Republic is presented: (i) reallocating workers and jobs from
post-communist firms to newly started enterprises, (ii) providing
incentives for human capital investment decisions, and (iii) coming to
terms with anti-discrimination legislation motivated by the looming EU
accession. Each chapter provides not only a detailed study of the Czech
case, but also a direct comparison to results from other countries.
Available to you free of charge as a PDF file
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The World Bank Czech Republic Country Study
Major project completed in late 1999, on which CERGE-EI has cooperated
with the World Bank, was the translation of the World Bank Czech Republic
Country Brief into Czech.
Available to you free of charge is the Executive Summary in Czech and in English as PDF files.
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Exchange Rate in Transition
Evzen Kocenda, 1998
Reviewed by Jan Hanousek
In this book several econometrics techniques are used to perform quantitative
research of the exchange rate in transition. This is an empirical work based on
related economic theory. While the stress is put on the exchange rate of the
Czech koruna, the subject is analyzed from a broader perspective of other
transition countries as well.
Available to you free of charge as a PDF file.
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The Czech Republic and Economic Transition in Eastern Europe
Edited by Jan Svejnar.
Copyright © 1995 by Academic Press, Inc.
A comparative analysis of the Czech Republic's economic transition after the
fall of the Communist bloc, edited by a principal architect of the Czech
economic transformation and Economic Advisor to President Vaclav Havel. Thirty
five essayists (primarily Czech economists) describe the country's macroeconomic
performance; its development of capital markets; the structure and performance
of its industries; its unemployment, household behavior, and income
distribution; and the environmental and health issues it faces.
Available at bookstores and through Amazon.com (order it here).
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