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Unemployment Change by Selected Economic Factors: Panel Data Evidence

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00077636" target="_blank" >RIV/00216224:14560/14:00077636 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Unemployment Change by Selected Economic Factors: Panel Data Evidence

  • Original language description

    Unemployment, which represents a serious macroeconomic problem, varies depending on a multitude of different factors. Politicians and economists try to boost economic activity and fight unemployment using state employment aid and various policies. This study aims to investigate efficiency of choosing policies and to analyze unemployment trends in EU28, Norway, Japan and USA for years 2001-2010. The paper focuses on the relation of unemployment and selected economic factors (foreign direct investment flows as % of GDP, public expenditure on education as % of GDP, public expenditure on labor market policies as % of GDP and inflation rate). Thus, our panel data consist of 30 countries and 5 variables for 2001-2010. Our analysis revealed that in models with time lags foreign direct investment had no impact on unemployment, while public expenditure on education and inflation had a negative influence on employment.

  • Czech name

  • Czech description

Classification

  • Type

    O - Miscellaneous

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů