Unemployment Hysteresis in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F19%3A00109015" target="_blank" >RIV/00216224:14560/19:00109015 - isvavai.cz</a>
Result on the web
<a href="https://pep.vse.cz/artkey/pep-201905-0003_unemployment-hysteresis-in-the-czech-republic.php" target="_blank" >https://pep.vse.cz/artkey/pep-201905-0003_unemployment-hysteresis-in-the-czech-republic.php</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.18267/j.pep.709" target="_blank" >10.18267/j.pep.709</a>
Alternative languages
Result language
angličtina
Original language name
Unemployment Hysteresis in the Czech Republic
Original language description
This paper analyses the unemployment hysteresis in the Czech Republic on data from 1999 to 2016. The hysteresis is modelled by allowing for the impact of the cyclical unemployment on the non-accelerating inflation rate of unemployment. Models are estimated by using the Bayesian approach and provide robust evidence in favour of the hysteresis. The estimates imply that in response to increase in the cyclical unemployment of 1 percentage point, the non-accelerating inflation rate of unemployment increases by 0.18 percentage points.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Prague Economic Papers : Quarterly Journal of Economic Theory and Policy
ISSN
1210-0455
e-ISSN
2336-730X
Volume of the periodical
28
Issue of the periodical within the volume
5
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
15
Pages from-to
532-546
UT code for WoS article
000498638800003
EID of the result in the Scopus database
2-s2.0-85074516878