Measuring Inefficiency of the Czech Labour Market
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00083320" target="_blank" >RIV/00216224:14560/15:00083320 - isvavai.cz</a>
Result on the web
<a href="http://nho.econ.muni.cz/15-2015/2-2015/measuring-inefficiency-czech-labour-market" target="_blank" >http://nho.econ.muni.cz/15-2015/2-2015/measuring-inefficiency-czech-labour-market</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1515/revecp-2015-0017" target="_blank" >10.1515/revecp-2015-0017</a>
Alternative languages
Result language
angličtina
Original language name
Measuring Inefficiency of the Czech Labour Market
Original language description
This paper aims to quantify the performance of the Czech regional labour markets and to reveal the most influential economic factors standing behindits dynamics in the last fifteen years. Investigated labour markets are described using matching functionapproach. The successful matches are treated as an output of production process, where the unemployed are paired with vacancies. Efficiency of this matching process plays an important role in determining unemployment outflows. Using stochastic frontier model approach, dynamics of quantified efficiency terms is revealed and differences among regions are evaluated. The model specification includes a fixed effect term, where individual effect terms and inefficiency terms are estimated jointly. The stochastic frontier is estimated using monthly and quarterly regional panel data of 77 districts for the period 1999-2014.
Czech name
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Czech description
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Classification
Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Review of Economic Perspectives - Národohospodářský obzor
ISSN
1213-2446
e-ISSN
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Volume of the periodical
15
Issue of the periodical within the volume
2
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
24
Pages from-to
197-220
UT code for WoS article
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EID of the result in the Scopus database
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