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Maastricht Criteria of…Divergence?

100%

Paleta T.

Review of Economic Perspectives

2012

vol. 12

issue 2

92-119

This article focuses on problematic issues of the Maastricht criteria. The possible effect of attempt to meets the criteria is confronted with its intended purpose. Each criterion is analysed generally by pointing out problematic issues, subsequently, fulfilment by Eurozone members and risks for the Czech Republic, too, are shortly analysed. It is shown that in many cases fulfilling criteria can lead to a different development than was initially intended. The analysis reveals that attempts to meet the criteria can lead to divergence from Eurozone, can cause several economic problems and can bring pain with no gain.

Gravity Models of Internal Migration – the Czech Case Study

63%

Jandová M., Paleta T.

Review of Economic Perspectives

2015

vol. 15

issue 1

3-14

In this paper, the models of internal migration flows between regions (NUTS 3) in the Czech Republic in time series from 1991 to 2012 are tested. The paper aims to find out how size, distance and economic variables explain migration flows between Czech regions. Several versions of an extended gravity model were used for testing, where economic factors which are frequently mentioned in literature on migration were used as regressors (i.e. average wage, registered unemployment rate, job vacancies and job vacancies per applicant). Internal migration flow is the dependent variable. In comparison to the pure gravity model, the extending of models with the economic variables improves the results of the models only slightly. The results show that the highest explanatory value of migration is given by models with rates of the variables tested.

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2 Review of Economic Perspectives

2 Paleta T.

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Maastricht Criteria of…Divergence?

Gravity Models of Internal Migration – the Czech Case Study