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This thesis examines monetary and non-monetary gains from university education and its effect on varying demand for education. It distinguishes individual faculties of public universities. Compared to related papers this study encompasses a wider dataset as well as the number of non-monetary gains. Presumably, it is the first study of its kind applied to the labour market and the educational system of the Czech Republic. The main source of data is the REFLEX 2013 survey, which provides statistics of the graduates´ employability and their social status. On its basis regression models at various time levels were drafted. The hypothesis that the unemployment of graduates has a negative effect on the demand for their field of study as well as the hypothesis about the lagged relationship between dependent and independent variables have been proved. Nevertheless, compared to some US studies the positive influence of the graduates´ salary has not been proved in any regression model.

This thesis analyses how the work experience acquired during the university studies influences the starting salary of graduates. The first part is theoretical, mainly based on the Theory of Human Capital and the Screening theory. The data source for the second (practical) part of this thesis is a REFLEX research, which was performed in the Czech Republic in 2005. The regression analysis was used to prove the expected relationship between the graduate's salary level and an amount of work experience gained during their studies. It was proved that every year spent at work during the studies increases the future salary by 3%. However, there is no difference in the starting salary level between graduates who were working in their study field and those who were not.

This study examines relationship between smoking cigarettes and wage. Studies have found statistically significant wage penalty for smoking cigarettes before (from 3 to 10 %). This study works with cross-sectional data consisting of US residents. The source of the data is The Panel Study of Income Dynamics which was found in 1968. The results in this work suggest 6-10% wage penalty for smoking cigarettes using 3 econometric models. The wage penalty can be caused for example by the health impact of smoking which can affect the productivity of worker. It can be also explained by differences in education between smokers and nonsmokers or by the discrimination of smokers on labor market.

The thesis analysis how the education achieved by parents affects the education achieved by their children. The least square method is used for the regression analysis. All the estimations are based on the survey-acquired data from Prague and Pilsen. Alongside the estimations for these two cities alone, the influence in all dataset is examined as well. The cross-sectional data were acquired throughout the first quarter of 2014. The certain influence of both mother's and father's education on the education of their descendants was demonstrated by the analysis. Other significant factors influencing acquired education turned out to be for instance a number of siblings or divorce in a family.

This paper examines if there is marriage premium for men in the Czech Republic by using cross-sectional data from WageIndicator survey for 2009 and 2010. This paper inquires whether it is possible to explain this premium by any of the existing theories. Marriage premium is estimated in the amount of 12 -- 15 %. The results do not seem to be in line with the productivity theory or the specialization theory. The theory of human capital accumulation has been proved. On the contrary, the discriminatory theory seems to be plausible explanation of this phenomenon.

The theoretical part of the thesis describes the theory of human capital and education investments. The empirical analysis follows up the factors which influence the decision of the High school students in Teplice and Prague -- whether to study at university or not. The analysis is based on data, obtained by questionnaire survey, made in four types of high schools: the grammar school, the secondary technical school, the secondary health school and business academy. The main factors include the type of the secondary schools, the income of parents, study expenses, expected future salary and the income of parents, study expenses, expected future salary and the education of parents. The analysis has proven, that the students from Prague want to attend the university more than the students from Teplice. Significant factors for students from Teplice are the type of the high school, study expenses, the education of father while for the students from Prague are among the others important factors connected with the future salary and the education of mother.

Students who participated in athletics are estimated to receive 20% better grades than their non-athletes colleagues. These findings suggest that athletic participation may enhance the development of motivation, competitive spirit, confidence, discipline and team spirit. Sport participation seems to be a form of human capital investments. We can see stronger effect of individual than collective sport participation. Based on these findings we can assume that wage premium for athletes, as previous studies found, may be caused by real higher productivity of work and study. Other important determinants of academic performance are health and preference of study preparation over sport. Athletes feel more attractive than non-athletes although there wasn't found association with learning outcomes. In the case of combination of sport and employment time costs overweight benefits and performance getting worse.

This paper aims to explain the factors that affect wages and its size. Analytical method for this explanation is Mincerian's earnings function and its extensions and variations, estimated using the metod of generalized least squares. These earnings functions are constructed from the data of the labor market of the Czech Republic, specifically from the statistical survey of the Information System on Average Earnings of the Ministry of Labour and Social Affairs, Czech republic. The main finding of this work is that an additional year of education leads to an increase in worker's wages by about 8%, so education is one of the factors on which wages depend. Other factors may also be practical worker, age or gender. The results show the estimated function of the fact that women in the Czech Republic are wages by 15 to 20% less than men. Also a great impact on wages is fact that the worker is at work at a managerial position or not.

This thesis deals with effect of schooling and educational attainment on wages. It is based on hypothesis that additional year of education increases productivity and thus wages. It examines average length of education and returns to education in eight countries. It is based on ISSP study (International Social Survey Programme) from 2009. I conclude that average length of study is prolonging. Returns to education usually vary between 5 and 10%. This phenomenon is confirmed in this thesis. I use model which is base on work of Jacob Mincer (1974) and I calculate returns to education. These returns vary between 4.8 and 13.5%. In addition, I examine wage differential among people with primary, secondary and university education.

The work is concerned with neoclassical theory of migration describing the behavior of individuals who maximize their utility. These individuals are comparing migration costs and benefits. They choose the country with higher wages. The high of wages is influenced by the quantity and quality of human capital, which the workers own, rate of redistribution of benefits and informedness of employers and workers. Educated workers go to countries where it is possible to evaluate their skills and be more productive. It is also important to include positive externalities which arise from high concentration of professional workers. Skilled and unskilled workers flow to the same direction to western European countries. The Czech Republic is not capable to align in the level of wages with these countries. It is immigration country but the skilled workers don't prefer it. Presently, outflow of skilled workers is compensated by obtaining skilled workers from abroad but in some profession there is their insufficiency. The outflow of skilled people is rising and CR wouldn't be able to cover it from its own resources.

This bachelor work deals with human capital and education. The first part of my work is focused on the theory of human capital, which comes from the work of the economist Gary S. Becker. In this part influences on formation of human capital are described, in more detail the theme of investments to human capital, types of investments, their rate of return and the risk rate are specified. Next this part is concerned with a connection between education and economic growth and with a theory of signals. The second part is focused on an education system in the Czech Republic, its comparison with other world education systems and last but not least on its financing.

The theoretical part of my baccalaureate work is focused on human capital and investments in it. It compares costs and returnes arising from investment into human capital and thinks of returning of these investments during human life. Next my work deals with instruments used for making a decision about investment into human capital and contemporary trend of continuing education and reskilling as a form of investment into human cupital. The application and empirical part of my work is concentrated on following of labour market in the district of Benešov and willingness of employees to continue their schooling. It maps out reskilling and features connected with it.. My conclusions are completed with questionnaire research summarizing views of clients of employment agency in the district of Benešov, their plans, ideas and experience in the area of schooling, it means in the area of reskilling.

This work is concerned with Human Capital Theory. Part of the work is concentrate on evolution of Theory in economic throught, than author explains what the term Human Capital means. Critique of Human Capital, investments in Human Capital and also Human Capital at labor market are described. The work is finished by Human Capital and economic growth.