doc. Ing. Karol Morvay, PhD.

Faculty: Faculty of Economics and Finance

Department: Ekonomický ústav SAV

Position: Associate Professor

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ORCID iD

Scientific-pedagogical characteristics of the person

Second degree of higher education

Study field and programme: Study field Economic theory and policy, specialization Economic policy, 1997, University of Economics in Bratislava

Third degree of higher education

Study field and programme: Study field Economic theory, 2000, University of Economics in Bratislava

Associate professor

Study field and programme: Study field National economy, 2021, University of Economics in Bratislava

Current and previous employment

Associate Professor
Faculty of Economics and Finance, University of Economics in Bratislava
2021-

Assistant Professor
Faculty of Economics and Finance, University of Economics in Bratislava
2000-2007, 2012-2021

Research Fellow
Institute of Economy and Management, University of Economics in Bratislava
2008-2011

Research Fellow
Institute of Economic Research, Slovak Academy of Science
1996- (part- time)

Development of pedagogical, professional, language, digital and other skills

Teaching of economic subjects
Faculty of Economics and Finance, University of Economics in Bratislava
1997

Master of Metrics course
Faculty of Economics and Finance, University of Economics in Bratislava
2020

Overview of activities within the teaching career at the university

Number of defended theses

Bachelor's (first degree): 36

Diploma (second degree): 40

Overview of the research/artistic/other outputs

Number of the research/artistic/other outputs registered in the Web of Science or Scopus databases: 41

Number of citations registered in the Web of Science or Scopus databases: 86

Number of invited lectures at the international, national level: 2

The most significant research/artistic/other outputs

MORVAY, Karol - HUDCOVSKÝ, Martin. Overcoming of Lag in the Capital to Labor Ratio in the Slovak Economy. In Ekonomický časopis. ISSN 0013-3035, 2018, roč. 66, č. 8, s. 838-851.

HUDCOVSKÝ, Martin - LÁBAJ, Martin - MORVAY, Karol. Employment growth and labour elasticity in V4 countries: structural decomposition analysis. In Prague economic papers : a bimonthly journal of economic theory and policy. - Prague : University of Economics, 2017. ISSN 1210-0455, 2017, vol. 26, no. 4, pp. 422–437.

MORVAY, Karol. Príčiny zmien vo vývoji funkčnej štruktúry príjmov v slovenskej ekonomike. In Ekonomický časopis. ISSN 0013-3035, 63 (9), 2015, s. 906-921

MORVAY, Karol - HUDCOVSKÝ, Martin. Different Impact of the Recession on the Labour Market: Less Work Without Increasing Unemployment in Slovakia. In Danube: Law, Economics and Social Issues Review. - Berlin : De Gruyter. ISSN 1804-6746, 2022, vol. 13, no. 3, pp. 240-255.

MORVAY, Karol - HUDCOVSKÝ, Martin. Acceleration of Labour Cost along with Deceleration of Productivity: How the Slovak Manufacturing Lost the Advantage of Low Unit Labour Cost. In: Danube: Law, Economics and Social Issues Review. - Berlin : De Gruyter. - ISSN 1804-6746. - Vol. 12, no. 3 (2021), pp. 183-196

The most significant research/artistic/other outputs over the last six years

MORVAY,K, Ekonomické recesie na Slovensku : dramatické momenty aj blikajúce kontrolky nových príležitostí. 1.vydanie. - Bratislava : Vydavateľstvo EKONÓM, 2022. - 100 s. ISBN 978-80-225-5022-2

MORVAY, K. Slovenská ekonomika na ceste od nedostatku práce k nedostatku jej produktivity. Bratislava : Vydavateľstvo EKONÓM, 2020. 107 s. ISBN 978-80-225-4765-9.

JURKOVIČ, Martin.- KALINA, Tomáš.- MORVAY, Karol. - HUDCOVSKÝ, Martin. - GORZELANCZYK, Piotr. Impacts of Water Transport Development on the Economy and Society. In: Transportation Research Procedia. - Amsterdam : Elsevier Science Publishers B.V. - ISSN 2352-1465. - No. 55 (2021)

MORVAY, Karol - HUDCOVSKÝ, Martin. Different Impact of the Recession on the Labour Market: Less Work Without Increasing Unemployment in Slovakia. In Danube: Law, Economics and Social Issues Review. - Berlin : De Gruyter. ISSN 1804-6746, 2022, vol. 13, no. 3, pp. 240-255.

MORVAY, Karol - HUDCOVSKÝ, Martin. Acceleration of Labour Cost along with Deceleration of Productivity: How the Slovak Manufacturing Lost the Advantage of Low Unit Labour Cost. In: Danube: Law, Economics and Social Issues Review. - Berlin : De Gruyter. - ISSN 1804-6746. - Vol. 12, no. 3 (2021), pp. 183-196

The most significant citations corresponding to the research/artistic/other outputs

Project "Evaluation and prediction of the development of the Slovak economy in the context of (dis)integration tendencies in the EU". Project VEGA 2/0097/19. Duration 2019-2022. Participation in the project as a co-investigator. The project was aimed at examining individual areas of economic policy in relation to domestic challenges and problems while taking into account the development of European integration. One of the results was regular analysis of breaks in development tendencies, their explanation and proposals for policy corrections.

Project "Contradictions in the development of employment against the background of expected demographic and structural changes in the Slovak Republic". Project VEGA 2/0182/17. Duration 2017-2020. Participation in the project as a co-researcher. The project identified current and future barriers to increasing the employment rate, reflecting the expected changes in demography and in the structure of the economy. It estimated the future trends of the quantitative and qualitative aspects of the analyzed production factor and proposed changes to its institutional framework (active labor market policies, optimization of the social system, labor force migration rules, influencing competitiveness factors, etc.).

Project "Comprehensive analysis of the use of water transport for other sectors of the economy" (Based on the contract between the University of Economics in Bratislava and the Ministry of Transport and Construction of the Slovak Republic.) Participation in the project: as coordinator. The project led to the development of a study assessing the barriers to the use of waterborne transport for the needs of other sectors of the economy of the Slovak Republic and the possibilities of removing these barriers. It was a multidisciplinary study (with economic, legal, environmental and technical dimensions), with the participation of three universities.

VEGA project "Evaluation of policies beyond GDP: the impact of disproportionate income distribution". Duration: from 2019. Participation in the project: as a research fellow. The project provides ways to evaluate the success of economic policy measures using unconventional perspectives. It assesses the effects of changes in income distribution, productivity and efficiency on the performance of economies (and the effects of combinations of such changes).

Participation in conducting (leading) the most important research projects or art projects over the last six years

Project "Evaluation and prediction of the development of the Slovak economy in the context of (dis)integration tendencies in the EU". Project VEGA 2/0097/19. Duration 2019-2022. Participation in the project as a co-investigator. The project was aimed at examining individual areas of economic policy in relation to domestic challenges and problems while taking into account the development of European integration. One of the results was regular analysis of breaks in development tendencies, their explanation and proposals for policy corrections.

Project "Contradictions in the development of employment against the background of expected demographic and structural changes in the Slovak Republic". Project VEGA 2/0182/17. Duration 2017-2020. Participation in the project as a co-researcher. The project identified current and future barriers to increasing the employment rate, reflecting the expected changes in demography and in the structure of the economy. It estimated the future trends of the quantitative and qualitative aspects of the analyzed production factor and proposed changes to its institutional framework (active labor market policies, optimization of the social system, labor force migration rules, influencing competitiveness factors, etc.).

Project "Comprehensive analysis of the use of water transport for other sectors of the economy" (Based on the contract between the University of Economics in Bratislava and the Ministry of Transport and Construction of the Slovak Republic.) Participation in the project: as coordinator. The project led to the development of a study assessing the barriers to the use of waterborne transport for the needs of other sectors of the economy of the Slovak Republic and the possibilities of removing these barriers. It was a multidisciplinary study (with economic, legal, environmental and technical dimensions), with the participation of three universities.

VEGA project "Evaluation of policies beyond GDP: the impact of disproportionate income distribution". Duration: from 2019. Participation in the project: as a research fellow. The project provides ways to evaluate the success of economic policy measures using unconventional perspectives. It assesses the effects of changes in income distribution, productivity and efficiency on the performance of economies (and the effects of combinations of such changes).

Overview of organizational experience related to higher education and research/artistic/other activities

Scientific Board member
Scientic Board of Faculty of National economy, University of Economics in Bratislava
2015-

Scientific Board member
Institute of Economic Research SAS
2019-2021

Scientific Board member
PRIGO University, Havířov, Czech Republic / European Research University
2019-

Editorial Board member
Journal of Economics
2019-

Overview of international mobilities and visits oriented on education and research/artistic/other activities in the given field of study

Institute of Economics, Hungarian Academy of Sciences, Budapest, Hungary
2000 October and 2001 September,
Mobility scheme of Slovak Academy of Sciences