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Expectations of older workers regarding their exit from the labour market and its realization 老龄工人对退出劳动力市场的期望及其实现
IF 0.2 Q4 ECONOMICS Pub Date : 2022-01-01 DOI: 10.2478/ceej-2022-0007
Filip Pertold, Miroslava Federičová
Abstract The objective of the paper is to analyse the labour market behaviour of older workers, specifically cross-country differences in expectations regarding the exit from the labour market and subsequent realization. Using longitudinal Survey of Health, Ageing and Retirement in Europe (SHARE) data and econometric analysis, we provide an international comparison of the situation of older workers in the Czech Republic with the other countries of Europe. The data show that although expectations about work activity at the age of 63 are quite similar in the Czech Republic from an international perspective, the work activity realized differs significantly between the Czech Republic and other countries. Our principal finding is that the Czech Republic has a high rate of unexpected retirements compared to all other European countries included in this analysis, even if we control for the socioeconomic background of respondents. The econometric analyses further show that up to about one-third of this difference can be explained by the lower retirement age set by the institutional environment in the Czech Republic, which is anticipated by employees at preretirement age. Conversely, the health status of older workers, and even the different allocation of employees to physically demanding occupations, does not have a significant impact on these cross-country differences in unexpected retirements.
本文的目的是分析老年工人的劳动力市场行为,特别是关于退出劳动力市场和随后实现的预期的跨国差异。利用欧洲健康、老龄化和退休纵向调查(SHARE)数据和计量经济学分析,我们对捷克共和国与欧洲其他国家的老年工人状况进行了国际比较。数据显示,虽然从国际角度来看,捷克共和国对63岁工作活动的期望非常相似,但捷克共和国与其他国家之间实现的工作活动差异很大。我们的主要发现是,即使我们控制了受访者的社会经济背景,与本分析中包括的所有其他欧洲国家相比,捷克共和国的意外退休率也很高。计量经济学分析进一步表明,这种差异的三分之一可以用捷克共和国制度环境设定的较低的退休年龄来解释,这是退休前年龄的雇员所预期的。相反,老年工人的健康状况,甚至是对体力要求高的职业的不同分配,对这些意外退休的跨国差异没有显著影响。
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引用次数: 0
The Economic Complexity of the Visegrád Countries and the Role of Trade with Germany Visegrád国家的经济复杂性和对德贸易的作用
IF 0.2 Q4 ECONOMICS Pub Date : 2022-01-01 DOI: 10.2478/ceej-2022-0013
Semanur Soyyiğit, Bartosz Michalski
Abstract The contemporary division of production in the global economy poses challenges typical for dependent market economies of the Visegrád countries (V4: Czechia, Hungary, Poland, and Slovakia). This comparative study explores whether the foreign trade of V4 with Germany contributes to their structural change. The analysis seeks to determine the long-term impact of specific intra-industry trade variables on the economic complexity, examined at different levels of technological sophistication. Our findings show that as a result of the characteristics of the trade dynamics, the progress of V4 structural change remains not as comprehensive as expected. As a result, it is critically important to provide incentives aimed at strengthening the geographical diversification of their exports and upgrade their position within the global value chains.
全球经济中的当代生产分工对Visegrád国家(V4:捷克、匈牙利、波兰和斯洛伐克)的依赖市场经济提出了典型的挑战。本比较研究探讨了V4与德国的对外贸易是否有助于其结构变化。该分析旨在确定特定的产业内贸易变量对经济复杂性的长期影响,并在不同的技术复杂程度上进行审查。研究结果表明,由于贸易动态的特点,V4结构变化的进展并不像预期的那样全面。因此,提供旨在加强其出口地域多样化和提升其在全球价值链中的地位的激励措施至关重要。
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引用次数: 0
Equity-efficiency dilemma and tax harmonization 公平效率困境与税收协调
IF 0.2 Q4 ECONOMICS Pub Date : 2022-01-01 DOI: 10.2478/ceej-2022-0020
B. Dalamagas, J. Leventides, Stefanos Tantos
Abstract The present paper attempts to demonstrate that finding an appropriate trade-off between direct and indirect taxes can help smooth policy makers’ way through reconciling the contradictory notions of equity and efficiency. Our theoretical and empirical analysis is based on the assumption that direct taxes discourage work effort, thus impinging on the incentives to supply labour, to save and to invest, and finally, to grow, whereas indirect taxes discourage consumption and bear more heavily on the poor. Central to our discussion is the argument that carefully designed adjustments in the tax mix can reduce distortions in the consumption-leisure decision, thus leading to an optimal allocation of resources between the equity and efficiency objectives. To derive a competitive equilibrium setting, a social welfare function is maximized and the first-order conditions are manipulated to trace out the optimal direct-indirect tax rates that pave the way for the equity-efficiency goals to be reconciled with each other.
摘要本文试图证明,在直接税和间接税之间找到一个适当的权衡,可以帮助政策制定者通过调和公平和效率的矛盾概念,为政策制定者铺平道路。我们的理论和实证分析是基于这样的假设:直接税阻碍了工作努力,从而影响了提供劳动力、储蓄和投资以及最终增长的动力,而间接税阻碍了消费,对穷人的影响更大。我们讨论的核心论点是,精心设计的税收组合调整可以减少消费-休闲决策中的扭曲,从而在公平和效率目标之间实现资源的最佳配置。为了获得竞争均衡设置,我们最大化社会福利函数,并操纵一阶条件,以找出最优的直接-间接税率,为公平-效率目标相互协调铺平道路。
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引用次数: 0
How to create an engagement-friendly environment in reward-based crowdfunding? 如何在奖励众筹中创造一个参与友好的环境?
IF 0.2 Q4 ECONOMICS Pub Date : 2022-01-01 DOI: 10.2478/ceej-2022-0003
Marcin Bielicki, Rafał Rydzewski
Abstract Crowdfunding appears to be an innovative way of fundraising various projects. Although it is a relatively new and unique way of financing, competition for potential backers increases every year. While recent works have explored the role of engagement and involvement in crowdfunding, there is still a lack of understanding of how creators can stimulate backers’ activity. Therefore the aim of this paper is to identify and classify the methods used for crowdfunding by the top creators to boost and maintain backer engagement. Drawing from the Theoretical Model of Customer Engagement and Theory of Intrinsically Motivating Instruction, we propose a theoretical model that is backer engagement-based. It presents the unique role of involvement and participation in engagement and its interrelationship with value and community involvement. We investigate the top 30 most funded campaigns on Kickstarter in the tabletop games category. Based on our cross-case study, we identify and categorise tactics that create engagement-friendly environments. Our findings suggest that over time creators tend to focus on shorter but more dynamic campaigns with the higher engagement of backers. The creators of the best campaigns use similar tactics that affect both engagement and involvement. The important but often ignored factor that influences engagement is social interaction.
众筹是一种创新的项目融资方式。尽管这是一种相对较新的、独特的融资方式,但争夺潜在投资者的竞争每年都在加剧。虽然最近的作品探索了参与和参与众筹的作用,但仍然缺乏对创作者如何激发支持者活动的理解。因此,本文的目的是识别和分类顶级创作者用于众筹的方法,以促进和保持支持者的参与。借鉴顾客参与理论模型和内在激励教学理论,提出了一个基于支持者参与的理论模型。它展示了参与和参与在参与中的独特作用及其与价值和社区参与的相互关系。我们调查了Kickstarter上筹资最多的30个桌面游戏类活动。基于我们的交叉案例研究,我们确定并分类了创造用户粘性友好环境的策略。我们的研究结果表明,随着时间的推移,创作者倾向于专注于更短但更具活力的活动,并获得更高的支持者参与度。最佳活动的创造者使用类似的策略来影响用户粘性和参与度。影响用户粘性的一个重要但经常被忽视的因素是社交互动。
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引用次数: 1
Splitting of Corporate Taxes in Germany and Formulaic Distribution of a CCCTB – Critical Comparison 德国公司税的分割与CCCTB的公式化分布——关键比较
IF 0.2 Q4 ECONOMICS Pub Date : 2022-01-01 DOI: 10.2478/ceej-2022-0016
Sandra Müller-Thomczik, L. Reiter
Abstract The introduction of a formulaically apportioned common consolidated corporate tax base (CCCTB) could represent a milestone in international taxation. No agreement has yet been reached, however. In contrast, Germany already has a long-standing system that apportions corporate taxes by splitting trade tax and corporate income tax. This conceptual study, presented at the European Accounting Association (EAA) Congress in Bergen in 2022, will examine whether the German method of splitting could lead to some lessons for an appropriate design for an international profit distribution formula. Methodologically, we use a two-step approach: First, we compare the designs, and then we juxtapose both on a factual level. Next, we ask what the objectives these mechanisms have; do they even coincide? If the goals are not comparable, one cannot indisputably serve as a model for the other. We determine that, even though there are partial deviations, a closer look reveals significant overlaps; however, the German implementation is far from consistent and prioritises practicability. This leads us to our main result: The German system makes a clear value decision towards practicability, although there is a different set of aims. For the implementation of formulaic EU profit sharing, the lesson to be learned is that practicability should play a central role in the design of the formula. This lesson is important and helpful to accompany and support the implementation process in the EU.
引入公式化分摊的共同合并企业税基(CCCTB)可能代表国际税收的一个里程碑。然而,双方尚未达成协议。相比之下,德国已经有了一个长期存在的制度,即通过分离贸易税和企业所得税来分配公司税。这项概念性研究将于2022年在卑尔根举行的欧洲会计协会(EAA)大会上提出,研究德国的分割方法是否可以为设计合适的国际利润分配公式提供一些经验教训。在方法上,我们采用两步方法:首先,我们比较设计,然后我们在事实层面上并置两者。接下来,我们要问这些机制的目标是什么;它们重合吗?如果两国的目标没有可比性,就不可能无可争议地成为另一个目标的典范。我们确定,即使存在部分偏差,仔细观察也会发现显著的重叠;然而,德国的实施远非一致,而是优先考虑实用性。这就引出了我们的主要结论:德国体系对实用性做出了明确的价值决策,尽管有不同的目标。要实施公式化的欧盟利润分享,我们应该吸取的教训是,在设计这个公式时,实用性应该发挥核心作用。这一教训对于陪伴和支持欧盟的实施进程非常重要和有益。
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引用次数: 0
Sources of Finance for Public-Private Partnership (PPP) in Poland 波兰公私伙伴关系(PPP)的资金来源
IF 0.2 Q4 ECONOMICS Pub Date : 2022-01-01 DOI: 10.2478/ceej-2022-0002
Roman Osinski
Abstract This paper aims to present and discuss the already existing studies and try to uncover possible potential for further research on the topic of financial resources in public–private partnership (PPP) projects. The article presents the main relevant papers regarding financial resources and examines how deep the topic of financial sources has been explored in both academic and practical literature. Moreover, the article reviews Poland’s PPP market and, particularly, types of used financial sources. The ‘Literature review’ results show that there is a gap in studying the private sector and financial resources, especially in Polish PPPs. We attempt to close this gap by summarising the main factors that influence the choice of the source of financing PPPs. The Polish case shows that the main source of financing of PPP projects in Poland is bank loans and many projects have partial funding from various European Union (EU) programmes. Policymakers should pay attention to other financial resources in PPPs. Moreover, it would be fruitful to extend the Polish database of PPP projects with new factors that can simplify ex-post and ex-ante analysis.
本文旨在介绍和讨论现有的研究成果,并试图揭示进一步研究公私合作(PPP)项目中财务资源问题的可能潜力。本文介绍了有关财政资源的主要相关论文,并考察了财政资源这一主题在学术和实践文献中的探索程度。此外,本文回顾了波兰的PPP市场,特别是使用的资金来源类型。“文献回顾”结果表明,在研究私营部门和财政资源方面存在差距,特别是在波兰的公私伙伴关系方面。我们试图通过总结影响公私伙伴关系融资来源选择的主要因素来缩小这一差距。波兰的案例表明,波兰PPP项目的主要融资来源是银行贷款,许多项目的部分资金来自各种欧盟(EU)计划。决策者应注意公私伙伴关系中的其他财政资源。此外,用新的因素来扩展波兰的PPP项目数据库将是富有成效的,这些因素可以简化事后和事前分析。
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引用次数: 0
Covid-19 Pandemic and Day-of-the-week Anomaly in Omx Markets 2019冠状病毒病大流行和Omx市场的每周异常现象
IF 0.2 Q4 ECONOMICS Pub Date : 2022-01-01 DOI: 10.2478/ceej-2022-0010
Monika Bolek, Agata Gniadkowska-Szymańska, Katerina Lyroudi
Abstract This paper aims to discuss market efficiency due to the changes that appeared in this field after the COVID-19 outburst. The OMX exchange and its indices are taken into consideration because they represent markets not analysed in such a context before (a) Baltic: Estonia, Latvia and Lithuania; (b) Scandinavian: Denmark, Finland, Iceland, Norway and Sweden). Two periods before and during the COVID-19 pandemic are considered (January 2009 to January 2020 and February 2020 to February 2021), and the efficient market hypothesis is tested together with the day-of-a-week effect anomaly to recognize the differences in market efficiency that could appear under special conditions, such as a pandemic. The results indicated that the impact of this pandemic on market efficiency was positive in most of the OMX markets studied. The added value of the article is related to supplementing the theory of market efficiency and showing that in difficult times investors make more rational decisions.
摘要本文旨在探讨新冠肺炎疫情爆发后市场效率的变化。考虑到OMX交易所及其指数,因为它们代表了之前没有在这种背景下分析的市场(a)波罗的海:爱沙尼亚、拉脱维亚和立陶宛;(b)斯堪的纳维亚:丹麦、芬兰、冰岛、挪威和瑞典)。本文考虑了2019冠状病毒病大流行之前和期间的两个时期(2009年1月至2020年1月和2020年2月至2021年2月),并对有效市场假说以及每周一天的效应异常进行了检验,以识别在特殊情况下(如大流行)可能出现的市场效率差异。结果表明,在所研究的大多数OMX市场中,这次大流行对市场效率的影响是积极的。本文的附加价值在于补充了市场效率理论,表明投资者在困难时期会做出更理性的决策。
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引用次数: 0
Reflections on Rationality, Utility, University, Mass Culture and Unsustainable Society 理性、功利、大学、大众文化与不可持续社会的反思
IF 0.2 Q4 ECONOMICS Pub Date : 2021-01-01 DOI: 10.2478/ceej-2021-0012
Jerzy Śleszyński
Abstract This paper is an expression of gratitude, remembrance and honour the jubilee of Prof. Tomasz Żylicz. As I have been invited to write a paper for a special issue of the CEEJ journal, I sincerely wanted to express regarding my friendship and my research that have been binding me with Tomasz in my more than 40-year work in the Faculty of Economic Sciences, University of Warsaw. Our cooperation was varied and rich including joint articles, research projects and our work for the Ministry of the Environment. In this paper, after friendly acknowledgment, I decided to propose my polemical answer to the paper ‘Is reason valued now?’ written by Tomasz. The subject of my reply is primarily the rationality in general and in the institution of university in the context of teaching and practicing science, including first of all economics and ecological economics. The method applied in this paper is my descriptive and polemical reference to Tomasz's theses with the analytical use of literature, both classics and very current references. The basic topic of the paper focuses on the fact that modernity continues in an increasingly inertial movement towards mass culture and is dominated by three criteria in this mechanism namely usefulness, non-exclusion and accessibility. I analyse these three fetishes in our dynamic times and with particular emphasis on their negative role in academic education. In my conclusions I categorically state that scientific knowledge and education, perfectly represented by universities, were formed and developed in an alliance with usefulness and utility, but never only thanks to them and never only for them.
这篇论文是为了表达对Tomasz教授Żylicz的感激、纪念和敬意。我被邀请为《CEEJ》杂志的特刊撰写论文,我真诚地想表达我在华沙大学经济科学学院40多年的工作中与Tomasz的友谊和研究。我们的合作是多样而丰富的,包括联合文章、研究项目和我们为环境部所做的工作。在这篇论文中,经过友好的承认,我决定对“理性现在受到重视吗?”托马斯写的。我的回答的主题主要是在科学教学和实践的背景下,一般的理性和大学制度,首先包括经济学和生态经济学。本文采用的方法是我对托马兹的论文进行描述性和辩论性的参考,同时对经典文献和非常流行的文献进行分析。本文的基本主题集中在现代性继续朝着大众文化的惯性运动,并在这一机制中由三个标准主导,即有用性,非排斥性和可及性。我在这个充满活力的时代分析了这三种恋物癖,并特别强调了它们在学术教育中的负面作用。在我的结论中,我明确地指出,科学知识和教育,以大学为完美代表,是在有用性和实用性的联盟中形成和发展的,但绝不仅仅感谢它们,也绝不仅仅是为了它们。
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引用次数: 0
Classification of Open-End Investment Funds Using Artificial Neural Networks. The Case of Polish Equity Funds 开放式投资基金的人工神经网络分类。波兰股票基金的案例
IF 0.2 Q4 ECONOMICS Pub Date : 2021-01-01 DOI: 10.2478/ceej-2021-0020
Katarzyna Perez, Małgorzata Szczyt
Abstract In this study we utilise artificial neural networks to classify equity investment funds according to two fundamental risk measures—standard deviation and beta ratio—and to investigate the fund characteristics essential to this classification. Based on a sample of 4,645 monthly observations on 37 equity funds from the largest fund families registered in Poland from December 1995 to March 2018, we allocated funds to one of the classes generated using Multilayer Perceptron (MLP) and Radial Basis Function (RBF). The results of the study confirm the legitimacy of using machine learning as a tool for classifying equity investment funds, though standard deviation turned out to be a better classifier than the beta ratio. In addition to the level of investment risk, the fund classification can be supported by the fund distribution channel, the fund name, age, and size, as well as the current economic situation. We find historical returns (apart from the last-month return) and the net cash flows of the fund to be insignificant for the fund classification.
摘要本文利用人工神经网络对股票投资基金进行分类,并根据标准差和贝塔比这两个基本风险指标对基金进行分类。根据1995年12月至2018年3月期间在波兰注册的最大基金家族的37只股票基金的4,645个月度观察样本,我们将资金分配给使用多层感知器(MLP)和径向基函数(RBF)生成的一个类别。该研究的结果证实了使用机器学习作为股票投资基金分类工具的合法性,尽管标准差被证明是比贝塔比率更好的分类器。除了投资风险的高低,基金的分类还可以通过基金的分销渠道、基金的名称、年龄、规模以及当前的经济状况来支持。我们发现基金的历史回报(除了上个月的回报)和净现金流量对于基金分类来说是微不足道的。
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引用次数: 0
Motives for Combining Motherhood with Employment: Evidence for Medium and Highly Educated Polish Women Around the EU Accession 母性与就业结合的动机:加入欧盟前后波兰中高等教育妇女的证据
IF 0.2 Q4 ECONOMICS Pub Date : 2021-01-01 DOI: 10.2478/ceej-2021-0005
A. Matysiak, M. Mynarska
Abstract This article provides insights into employment decisions of mothers and mothers-to-be in a post-socialist Poland around the entry to the EU. Previous studies for this country continuously pointed to a strong determination among mothers to be employed during the economic transformation, despite increasing obstacles to combining paid work with childrearing over the 1990s. We analyse in-depth interviews to explore women's motives to work for pay. We investigate how these motives are related to women's childbearing experiences and intentions. Our analyses show that motherhood was central in women's lives at this point in Polish history, but females sought to combine it with employment. We also find that women's perceptions about their ability to balance work and motherhood were strongly related to the meanings that they attached to paid work.
摘要这篇文章提供了关于进入欧盟后社会主义波兰的母亲和准妈妈的就业决策的见解。先前对这个国家的研究不断指出,在经济转型期间,尽管在20世纪90年代将带薪工作与抚养孩子结合起来的障碍越来越大,但母亲们仍然坚定地决心要就业。我们对深度访谈进行分析,探讨女性为薪酬而工作的动机。我们调查了这些动机是如何与女性的生育经历和意图相关的。我们的分析表明,在波兰历史的这一时期,母性是女性生活的中心,但女性试图将其与就业结合起来。我们还发现,女性对自己平衡工作和母性的能力的看法与她们对有偿工作的理解密切相关。
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引用次数: 1
期刊
Central European Journal of Economic Modelling and Econometrics
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