Application of quantitative methods in economic disciplines
About us
The research team “Application of quantitative methods in economic disciplines”, which is focused on the research field of Economics and Business (50 200 FORD), offers cooperation, consulting or advisory services, and complex solutions in the following areas:
- Bankruptcy prediction, comprehensive assessment of the performance and stability of companies, organizations, and municipal units using appropriate multivariate statistical methods and Business Intelligence tools (Ing. Kateřina Mičudová, Ph.D.).
- Data sharing, especially accounting and financial data of Czech companies. We are ready to cooperate on joint research in comparing the performance of companies, institutions, organizations, and other units in different countries (Ing. Kateřina Mičudová, Ph.D.).
- The activities of the team members continue to focus on analyzing the behavior and forecasting the development of stock and commodity markets. Different criteria and factors of technical and fundamental analysis are examined using various approaches, including growth expectation analyses. Further, the team's research focuses on financial technologies (FinTech), especially in using quantitative methods of statistical analysis, data mining, machine learning, and the involvement of artificial intelligence. In connection with the rapid development of artificial intelligence with the support of large language models, research into the connection between artificial intelligence and data science is underway. The influence and impact of artificial intelligence in financial services, marketing, and business processes are also examined. Part of the team's activities is also aimed at supporting the research of members of another department in marketing and business economics. (Doc. RNDr. Mikuláš Gangur, Ph.D., Ing. et Mgr. Milan Svoboda, Ph.D.).
- Stability of preferences across time among university freshmen. We focus on the social, time, and risk preferences and behavior elicited in standard economic experiments. The repeated conducting of experiments generates dynamic panel data. We are ready to conduct joint experiments with other universities and their students. (JUDr. et Ing. David Martinčík, Ph.D.)
- The employment in rural areas, food production, environmental protection, and transparency and efficiency of supply chains. We identify the main determinants of the following employment evolution. We estimate (i) how the policies can improve the functioning of the rural labor markets, (ii) the effects of reducing the use of pesticides and fertilizers on the economy and the environment, (iii) the effects of adopting new technologies on transparency and efficiency of food supply chains, (iv) effects of replacing fossil-based energy and products with bio-based alternatives. (prof. Ing. Ján Pokrivčák, Ph.D., M.S.)
- Impact evaluations. Evaluation of the impact of individual policies and their instruments on the socio-economic situation at the national and regional levels. The application of standard tools such as counterfactual evaluation design (CIE), input-output analysis, CGE, and DSGE models. The expected stakeholders for this type of research are mainly state institutions (typically ministries applying EU or other cohesion policy instruments). This is primarily applied/contract research. An example is the impact evaluation of objectives 2.3 and 2.4 of the Operational Programme Enterprise and Innovation for Competitiveness for the Ministry of Industry and Trade of the Czech Republic. (prof. Ing. Jan Čadil, Ph.D., doc. RNDr. Mikuláš Gangur, Ph.D., Ing. et Mgr. Milan Svoboda, Ph.D.)
https://dotaceeu.cz/cs/evropske-fondy-v-cr/narodni-organ-pro-koordinaci/evaluace/knihovna-evaluaci/vysledkova-evaluace-specifickych-cilu-2-3-a-2-(1)
- Labour market. The research team members focus on specific labor market issues such as the productivity-pay gap and the gender pay gap. It analyses these issues in line with available data and the specific assignment. Analyses are performed at the national, regional, and microeconomic levels (firm levels). The research team focuses on the issues from both perspectives – it perpetually performs basic research, while contract research depends on the actual needs of an issuer. An example is the analysis of inequality in remuneration for the company BDA, s.r.o. (prof. Ing. Jan Čadil, Ph.D., doc. RNDr. Mikuláš Gangur, Ph.D., Ing. et Mgr. Milan Svoboda, Ph.D.) https://www.bdadvisory.eu/cs/blog/job-grade-camouflage-when-low-gender-pay-gap-does-not-mean-equal-pay
- Real estate market. The research team members focus on the real estate market, housing affordability, housing-induced poverty, and related issues. Examples include the modeling of housing market bubbles (standard models such as VAR, SVAR, etc.), the creation of housing affordability maps and analyses derived from them, the construction of composite indicators, etc. (prof. Ing. Jan Čadil, Ph.D., doc. RNDr. Mikuláš Gangur, Ph.D., Ing. et Mgr. Milan Svoboda, Ph.D.)