Vratislav Izák
Biographic Data
| ID | 4125338 |
|---|---|
| NAME | Vratislav Izák |
| GIVEN NAMES | Vratislav |
| FAMILY NAME | Izák |
| SIGNATURE | IZÁK V |
| AFFILIATIONS | Prague University of Economics and Business |
| VERIFIED | No |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 20 |
| WORKS AS AUTHOR | 7 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2006 |
| LATEST PUBLICATION YEAR | 2015 |
| H-INDEX | 3 |
Renaissance of the Fiscal Policy
Private and Public Debt
We analyse potential sources of internal imbalances, specifically as regards private and public indebtedness. The combination of a high public debt and increasing private sector indebtedness have been a source of concern in the perspective of the funding of the economy in examined countries. We utilize the detailed financial accounts as an analytical framework for revealing the development of private sector 's indebtedness in 18 EU countries in t…
Debt of Nonfinancial Corporations and Economic Growth
The recent financial and economic crisis has put considerable strains not only on public but also on private finances. In the paper we analyse the development of nonfinancial corporate debt (measured as liabilities minus shares and other equities) in the time period 1995-2010 for 17 European OECD countries. In growth equations the dependent variable is the growth rate of real GDP per head and forward moving averages of this growth rate. Descripti…
Rethinking the Role of State in Economy
Finance se konal ve dnech 8
Government Expenditures and Taxes Influence on the Economic Growth (Empirical Analysis)
Starting from endogenous growth models we test the impacts of both taxes (distortionary and non-distortionary) and expenditures (taking into account economic and functional classification of general government expenditure) using the government constraint. We do not neglect the implicit financing assumptions built into the specification of regression utilising both control and fiscal variables. Static and dynamic panel analysis (fixed effects mode…
Public finance sustainability and dynamic efficiency
In the last years there has been a growing discrepancy between gross domestic product and gross disposable income (more than a double of government budget deficit in 2006)in favour of non-residents. The difference between the real interest rate and the rate of growth of GDP has been negative in 2000-2006 and is expected to be negative in the near future suggesting that even a small deficit in primary budget balance can stabilize the debt ratio (3…
Expenditure on social protection-new EU member states and the Czech republic
It is well known that in EMU the degree of similarity in the composition of current expenditures is relevant since the way Member States are affected by external shocks depends at least in part on this composition. In the 8 postsocialist countries recently admitted to the EU (EU-8) the mean value of both current revenue and expenditure correspond to this of EU-12 for the period 1993-2007 (first of all Slovakia and Hungary). Lower are the values i…
Government Expenditures and Taxes Influence on the Economic Growth (Empirical Analysis)
Starting from endogenous growth models we test the impacts of both taxes (distortionary and non-distortionary) and expenditures (taking into account economic and functional classification of general government expenditure) using the government constraint. We do not neglect the implicit financing assumptions built into the specification of regression utilising both control and fiscal variables. Static and dynamic panel analysis (fixed effects mode…
Debt of Nonfinancial Corporations and Economic Growth
The recent financial and economic crisis has put considerable strains not only on public but also on private finances. In the paper we analyse the development of nonfinancial corporate debt (measured as liabilities minus shares and other equities) in the time period 1995-2010 for 17 European OECD countries. In growth equations the dependent variable is the growth rate of real GDP per head and forward moving averages of this growth rate. Descripti…
Public finance sustainability and dynamic efficiency
In the last years there has been a growing discrepancy between gross domestic product and gross disposable income (more than a double of government budget deficit in 2006)in favour of non-residents. The difference between the real interest rate and the rate of growth of GDP has been negative in 2000-2006 and is expected to be negative in the near future suggesting that even a small deficit in primary budget balance can stabilize the debt ratio (3…
Expenditure on social protection-new EU member states and the Czech republic
It is well known that in EMU the degree of similarity in the composition of current expenditures is relevant since the way Member States are affected by external shocks depends at least in part on this composition. In the 8 postsocialist countries recently admitted to the EU (EU-8) the mean value of both current revenue and expenditure correspond to this of EU-12 for the period 1993-2007 (first of all Slovakia and Hungary). Lower are the values i…
Private and Public Debt
We analyse potential sources of internal imbalances, specifically as regards private and public indebtedness. The combination of a high public debt and increasing private sector indebtedness have been a source of concern in the perspective of the funding of the economy in examined countries. We utilize the detailed financial accounts as an analytical framework for revealing the development of private sector 's indebtedness in 18 EU countries in t…
Expenditure on social protection-new EU member states and the Czech republic
It is well known that in EMU the degree of similarity in the composition of current expenditures is relevant since the way Member States are affected by external shocks depends at least in part on this composition. In the 8 postsocialist countries recently admitted to the EU (EU-8) the mean value of both current revenue and expenditure correspond to this of EU-12 for the period 1993-2007 (first of all Slovakia and Hungary). Lower are the values i…
Public finance sustainability and dynamic efficiency
In the last years there has been a growing discrepancy between gross domestic product and gross disposable income (more than a double of government budget deficit in 2006)in favour of non-residents. The difference between the real interest rate and the rate of growth of GDP has been negative in 2000-2006 and is expected to be negative in the near future suggesting that even a small deficit in primary budget balance can stabilize the debt ratio (3…
Government Expenditures and Taxes Influence on the Economic Growth (Empirical Analysis)
Starting from endogenous growth models we test the impacts of both taxes (distortionary and non-distortionary) and expenditures (taking into account economic and functional classification of general government expenditure) using the government constraint. We do not neglect the implicit financing assumptions built into the specification of regression utilising both control and fiscal variables. Static and dynamic panel analysis (fixed effects mode…
Rethinking the Role of State in Economy
Finance se konal ve dnech 8
Debt of Nonfinancial Corporations and Economic Growth
The recent financial and economic crisis has put considerable strains not only on public but also on private finances. In the paper we analyse the development of nonfinancial corporate debt (measured as liabilities minus shares and other equities) in the time period 1995-2010 for 17 European OECD countries. In growth equations the dependent variable is the growth rate of real GDP per head and forward moving averages of this growth rate. Descripti…
Renaissance of the Fiscal Policy
Private and Public Debt
We analyse potential sources of internal imbalances, specifically as regards private and public indebtedness. The combination of a high public debt and increasing private sector indebtedness have been a source of concern in the perspective of the funding of the economy in examined countries. We utilize the detailed financial accounts as an analytical framework for revealing the development of private sector 's indebtedness in 18 EU countries in t…
Economics (7 works) · Macroeconomics (6 works) · Fiscal Policies and Political Economy (5 works) · Fiscal Policy and Economic Growth (5 works) · Econometrics (4 works) · Monetary economics (4 works) · Panel data (4 works) · Debt (3 works) · Economic growth (3 works) · Control variable (2 works)