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IDEAS/RePEc Simple Impact Factor

30/01/2013

Out of Czech economics journals, our journal has the following position measured by the IDEAS/RePEc Simple Impact Factor:

  530.  Czech Economic Review 0.448 
  580.  Prague Economic Papers 0.355
  661.  Czech Journal of Economics and Finance (Finance a uver) 0.257 
  738.  Politická ekonomie 0.18
  791.  Bulletin of the Czech Econometric Society 0.128

1097 journals are listed in January 2012 ranking (only journals with 50 or more papers and at least one citation are considered). The full ranking is available here.

RePEc (Research Papers in Economics) is a volunteer-driven initiative to create a public-access database that promotes scholarly communication in economics and related disciplines. The database contains information on more than 585,000 items. RePEc is providing ranking of leading economic journals by so called simple impact factor (a ratio of citations by the number of items in the journals, citation counts being adjusted to exclude citations from the journal considered).


The most cited articles according to Harzing's Publish or Perish, 2007-2012

30/01/2013

Aggregate statistics

Papers: 130
Citations: 194
Years: 7
Cites/paper: 1.49
h-index: 8 
g-index: 9

Number of citations, Authors, Title, Volume (Issue)

11, F Turnovec, New Measure of Voting Power, 1(1)
11, SZ Alparslan Gok, R Branzei…, Some characterizations of convex interval games, 2(3)
11, DY Kenett, Y Shapira, A Madi…, Dynamics of stock market correlations, 4(3)
10, J Babecký, Aggregate wage flexibility in new EU member states, 2(2)
10, MO Hosli, Council decision rules and European Union constitutional design, 2(1)
8, L Mallozzi, S Tijs, Partial Cooperation and Non-Signatories Multiple Decision, 2(1)
8, F Turnovec, National, Political and Institutional Influence in European Union Decision Making, 2(2)
8, J Fidrmuc…, The outbreak of the Russian banking crisis, 5(1)
6, R Branzei, G Ferrari, V Fragnelli…, A flow approach to bankruptcy problems, 2(2)
6, M Viren, Does the Value-Added Tax Shift to Consumption Prices?, 3(2)
6, V Fragnelli…, Strategic manipulations and collusions in Knaster procedure, 3(2)
5, N Schofield, Is the Political Economy Stable or Chaotic?, 5(1))
5, L Krištoufek, Rescaled Range Analysis and Detrended Fluctuation Analysis..., 4(3)


Citations in impacted journals

30/01/2013

At the moment, the Web of Knowledge identifies citations to the CER from the following journals:

PLOS ONE
GAMES AND ECONOMIC BEHAVIOR
EPL
OMEGA-INTERNATIONAL JOURNAL OF MANAGEMENT SCIENCE
CHAOS
SOCIAL CHOICE AND WELFARE
THEORY AND DECISION
ECONOMIC RECORD
MATHEMATICAL AND COMPUTER MODELLING
INTERNATIONAL JOURNAL OF INTELLIGENT SYSTEMS
JOURNAL OF MATHEMATICAL ECONOMICS
PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS
GROUP DECISION AND NEGOTIATION
ECONOMICS OF TRANSITION
INTERNATIONAL JOURNAL OF UNCERTAINTY FUZZINESS AND KNOWLEDGE-BASED SYSTEMS
MATHEMATICAL SOCIAL SCIENCES
EURASIAN GEOGRAPHY AND ECONOMICS
POST-COMMUNIST ECONOMIES
FINANCE A UVER-CZECH JOURNAL OF ECONOMICS AND FINANCE
POLITICKA EKONOMIE
EKONOMICKY CASOPIS
CENTRAL EUROPEAN JOURNAL OF OPERATIONS RESEARCH
PRAGUE ECONOMIC PAPERS
EKONOMSKA ISTRAZIVANJA-ECONOMIC RESEARCH
BALTIC JOURNAL OF ECONOMICS
METALURGIA INTERNATIONAL
CONTROL AND CYBERNETICS
INTERNATIONAL JOURNAL OF INFORMATION TECHNOLOGY & DECISION MAKING


List of authors

28/01/2013

The updated list of authors together with their affiliations can be downloaded here.


The Czech Economic Review, Vol. 6, No. 3

20/10/2012

A new issue of the Czech Economic Review is available online. See table of contents:

Articles

Negotiating the European Constitution: Government Preferences for Council Decision Rules
M. O. Hosli
The Czech Economic Review 6 (3), 177-198

Dynamic Collusion and Collusion Games in Knaster's Procedure
F. Briata, M. Dall'Aglio, V. Fragnelli
The Czech Economic Review 6 (3), 199-208

Judicial Dissent under Externalities and Incomplete Information
R. Romaniuc
The Czech Economic Review 6 (3), 209-224

Who Cares about Inflation? Empirical Evidence from the Czech Republic
M. Berlemann
The Czech Economic Review 6 (3), 225-243

Central Bank Forecasts as a Coordination Device: Evidence from the Czech Republic
J. Filacek, B. Saxa
The Czech Economic Review 6 (3), 244-264

Reports

Mathematical Methods in Economics 2012
J. Ramik, E. Mielcova
The Czech Economic Review 6 (3), 265-266

The Nobel Prize for Economics to Alvin E. Roth and Lloyd S. Shapley
V. Fragnelli
The Czech Economic Review 6 (3), 266-267

Theses of Campione d’Italia
The Czech Economic Review 6 (3), 267-268

To view, download, or recommend a single article, click on the article title. To unsubscribe, please fill in the form in the left column (Table of Contents Alert) on the journal homepage.


Forthcoming in the next issue 6(3)

01/10/2012

Negotiating the European Constitution: Government Preferences for Council Decision Rules

M. O. Hosli

Abstract: This paper explores what preferences governments held in the negotiation process on the European Constitution regarding European Union (EU) institutional provisions and decision rules. Applying logistic regression and ordered probit techniques to the data collection 'Domestic Structures and European Integration' (DOSEI), and complemented by graphical and descriptive explorations, the paper reveals cleavages between governments’ positions that can be discerned in the negotiation process on the European Constitution. Regarding decision rules to be used in the Council, member state preferences clearly differ according to the length of EU states' membership, with older members, in general, favoring a low decision threshold for the Council. Similarly, older EU states were stronger supporters of the application of qualified majority voting (QMV) than were newer EU member states. In addition to this, our analysis reveals that smaller EU states and those facing Euroskeptic domestic publics tended to be more supportive of a low decision threshold in the Council of the EU.

Keywords: Decision rules, Council of the European Union, institutional provisions, dimensions of political contestation, qualified majority voting
JEL classification: C7, H1  

Dynamic Collusion and Collusion Games in Knaster's Procedure

F. Briata, M. Dall'Aglio, V. Fragnelli

Abstract: In this paper we study the collusion in Knaster's procedure, starting from the paper of Fragnelli and Marina (2009). First, we introduce a suitable dynamic mechanism, so that the coalition enlargement is always non-disadvantageous. Then, we define a new class of TU-games in order to evaluate the collusion power of the agents.

Keywords: Fairness, Knaster's procedure, complete risk aversion, dynamic coalition formation
JEL classification: C70, C71 

Judicial dissent under externalities and incomplete information

R. Romaniuc

Abstract:The issue of the stability and change of legal rules occupies a central place in the discussions of alternative ways of organizing justice and the provision of legal rules. There nonetheless remains a theoretical aspect that has never been raised in the literature on judicial decision making and legal change. Judges that are not bound by precedent and can change the law directly by overruling previous decisions have to make a particular decision about the direction the new precedent will take. We show that under incomplete information about judges’ eagerness to choose according to their ideal points, there are two candidates for the particular legal rule that is to become the new precedent: (i) judge’s private optimum; and (ii) some other legal rule that can differ from (i) and correspond to the empirical and normative expectations of a large subset of judges within the judicial population. The individual judge that has decided not to stick to the precedent faces therefore a trade-off, he has to choose among alternative legal rules that yield alternative levels of public and private satisfaction of preferences.

Keywords: Judicial decision-making, reputation, legal change, evolution of judge-made law
JEL classification: D79, K00, K40

Who Cares about Inflation? Empirical Evidence from the Czech Republic

M. Berlemann

Abstract: Most central banks around the globe have the primary task to fight inflation. In the light of the fact that at least moderate inflation turns out to have little effect on the economy this is somewhat surprising. In order to understand why many countries have installed central banks which (almost exclusively) focus on fighting inflation it is necessary to understand why people care about inflation. However, comparatively little knowledge is yet available on the individual determinants of inflation aversion. Up to now, empirical (and quite inconclusive) evidence is available for a number of large Western democracies. Moreover, the evidence is mostly drawn from pure cross section data. Thus, it is yet unclear in how far the results depend on the prevailing macroeconomic situation and can be generalized. In this paper we study the individual determinants of inflation aversion in the Czech Republic. Using data from 11 waves of the Eurobarometer Survey we find age, political orientation, education and the macroeconomic situation to have significant effects on the revealed preferences towards fighting inflation while income seems not to play a significant role.

Keywords: Inflation, inflation aversion, preferences
JEL classification: E31, E61

Central Bank Forecasts as a Coordination Device: Evidence from the Czech Republic

J. Filacek, B. Saxa

Abstract: Do private analysts coordinate their forecasts via central bank forecasts? In this paper, we examine private and central bank forecasts for the Czech Republic. The evolution of the standard deviation of private forecasts as well as the distance from the central bank’s forecasts are used to study whether a coordination effect exists, how it is influenced by uncertainty, and the effects of changes in central bank communication. The results suggest that private analysts coordinate their forecasts for the interest rate and inflation, while no or limited evidence exists for the exchange rate and GDP growth.

Keywords: Central bank, forecast, coordination
JEL classification: E37, E47, E58, G14


The Czech Economic Review, Vol. 6, No. 2

03/07/2012

A new issue of the Czech Economic Review is available online. See table of contents:

Articles

Negotiating the Lisbon Treaty: Redistribution, Efficiency and Power Indices
D. Varela, J. Prado-Dominguez
The Czech Economic Review 6 (2), 107-124

Role of Political Affiliation across the European Institutions in the Dynamics of the EU Legislative Process
R. Hokovsky, V. Knutelska
The Czech Economic Review 6 (2), 125-138

Analysis of Regional Aspects of Voting Behaviour: The Case of Polish Presidential Election
M. Mazurkiewicz
The Czech Economic Review 6 (2), 139-154

Augmented Solow Model with Mincerian Education and Transport Infrastructure Externalities
T. Brodzicki
The Czech Economic Review 6 (2), 155-170

Reports

Quantitative Methods in Economics: Multiple Criteria Decision Making
J. Pekár
The Czech Economic Review 6 (2), 171-171

To view, download, or recommend a single article, click on the article title. To unsubscribe, please fill in the form in the left column (Table of Contents Alert) on the journal homepage.


Updated statistics (Vol. 2-5)

02/07/2012

  • 54 accepted articles (40 international, 14 local)
  • 40 rejected articles (30 international, 10 local)
  • Acceptance rate is 57% (54/94); not significantly different for international articles (57%, 40/70) and local articles (58%, 14/24).
  • The ratio of international to local articles (for accepted articles) is 74:26 (40/54 vs. 14/54).

Notes: The list does not include articles that are currently under review. We consider a paper to be local if affiliation of any author is institution located in the Czech Republic. Otherwise, it is classified as an international article. In the statistics, we do not include the pilot year 2007 (Vol. 1).


Forthcoming in the next issue 6(2)

25/06/2012

Negotiating the Lisbon Treaty: Redistribution, Efficiency and Power indices

D. Varela, J. Prado-Dominguez

Abstract: In this paper we try to explain the intergovernmental negotiation of the Lisbon treaty from a rational choice perspective with the aid of power index analysis. There are two aspects of the reform of qualified majority voting (QMV) in the Council that we find puzzling. The first one is that, according to Shapley-Shubik index based on the notion of power as the distribution of a fixed prize, small and medium-sized member states have lost power as compared to the Nice treaty, which conflicts with the unanimity requirement for treaty reform. The second one is that, according to the Banzhaf measure based on the notion of power as influence, the Lisbon treaty leaves all member states worse off in absolute terms as compared to the Convention’s draft. We propose the measure developed by Steunenberg et al. (1999) as a possible solution to these paradoxes, and draw some conclusions about the nature of EU policy making and power index analysis.

Keywords: Council, European Union, Lisbon treaty, negotiation, power index, voting
JEL classification: D78, F55, H77  

Role of Political Affiliation across the European Institutions in the Dynamics of the EU Legislative Process

R. Hokovsky, V. Knutelska

Abstract: This paper addresses the question of the impact of party political affiliation on the pace of the EU legislative process. It hypothesises that the codecision process should be faster if the key actors from the European Commission, the European Parliament and the Council are closer on the left-right policy scale or share affiliation to the same political family. The hypotheses are tested on the data covering the period of five years, from May 2004 to June 2009. While closeness on the left-right policy scale did not prove to have any effect, the findings show that if all three main actors, or at least the EP rapporteur and responsible Commissioner, come from the same political family, the codecision-process is indeed faster. The paper thus aims to contribute to the study of importance of party political ties and left-right cleavages in the EU decision-making.

Keywords: European decision-making, co-decision, left-right cleavage, party political affiliation
JEL classification: D72, H1 

Analysis of Regional Aspects of Voting Behaviour: The Case of Polish Presidential Election

M. Mazurkiewicz

Abstract: Transition of votes is observed when a voter who voted for a given candidate in the first round of election, votes for another candidate in the runoff round of election. There are two types of transitions. Transition is obvious when preferred candidate is a loser in first round. In other case transition also may happen. Exact information about the scale of transitions is usually unavailable. There are many opinion pools, even exit pools, but exact transition’s data is not collected during election. Ecological regression techniques give an opportunity to obtain quantitative description of electoral behaviour from aggregated data. Aggregated data set is published after election. Ecological regression approach gives reliable results under homogeneity assumption. Homogeneity in this case is considered in term of electoral behaviour. Homogeneity assumption if applied for the whole country is usually not held. Regional decomposition of estimation process, used for the description of voters’ behaviour, extends application the ecological regression to large regions or even for the whole country. In this analysis maximum likelihood approach and regional decomposition of voting results is used. The last presidential election 2010 in Poland is used as an empirical example. Presidential election in Poland consists of two rounds if none wins more than 50% of the votes, there is runoff round. The interval between rounds of election in Poland is two weeks.

Keywords: Ecological regression, electorate flows, transition of votes, homogeneity of electorate, decomposition
JEL classification: C39

Augmented Solow Model with Mincerian Human Capital and Infrastructure Externalities

T. Brodzicki

Abstract: According to Crescezni and Rodriguez-Pose (2008) backward European states and regions should follow balanced strategies in which infrastructure development is coordinated with policies aimed at developing human capital and the innovative potential of regions. In order to assess their postulates we extend the analysis of Carstensen et al. (2009) further augmenting the neoclassical Solow Model to incorporate Mincerian schooling externalities and infrastructure externalities in a single theoretical framework. Infrastructure is introduced into the model in a manner similar to exogenous Hicks-neutral technological change – raising the overall efficiency of an economy. The theoretical model has been empirically tested for a panel of European economies in the period 1999-2010. Econometric estimates for a balanced panel data model bring interesting results. The overall fit of the model is considerable. In accordance with our expectations, the macroeconomic returns to human capital accumulation and infrastructure are positive and statistically significant for a full sample of countries. Externalities are stronger for CEE transition economies than for non-CEE countries. The infrastructure externality is positive and statistically significant for CEE states only when we control for the level of openness of an economy. Results obtained are robust when taken with the modifications of the baseline empirical model.

Keywords: Economic growth, human capital, transport infrastructure, augmented neoclassical growth model, Mincerian schooling
JEL classification: O41, H52, H54, C21, C23


Scopus and Web of Science citations

31/05/2012

At the moment, Scopus and Web of Knowledge identify citations to the CER from the following journals:

  • Acta Physica Polonica B
  • AIP Advances
  • Baltic Journal of Economics
  • Central European Journal of Operations Research
  • Chaos
  • Comparative Economic Studies
  • Control and Cybernetics
  • Czech Journal of Economics and Finance
  • Economic Record
  • Economics Bulletin
  • Ekonomska Istrazivanja - Economic Research
  • Eurasian Geography and Economics
  • Economics of Transition
  • Games and Economic Behavior
  • Group Decision and Negotiation
  • Human Systems Management
  • International Journal of Information Technology & Decision Making
  • International Journal of Intelligent Systems
  • International Journal of Uncertainty, Fuzziness and Knowlege-Based Systems
  • Journal of Applied Mathematics and Decision Sciences
  • Journal of Mathematical Economics
  • Lecture Notes in Economics and Mathematical Systems
  • Mathematical and Computer Modelling
  • Mathematical Social Sciences
  • Metalurgia International
  • Omega
  • Physica A: Statistical Mechanics and its Applications
  • PLoS ONE
  • Politicka Ekonomie
  • Prague Economic Papers
  • Social Choice and Welfare
  • Theory and Decision 

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