Okun's Law in Transition Economies - the Case of the Czech and Slovak Republics 1995-2010
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F11%3A%230001848" target="_blank" >RIV/47813059:19520/11:#0001848 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Okun's Law in Transition Economies - the Case of the Czech and Slovak Republics 1995-2010
Original language description
The main aim of this article is to study the Okun's Law - the mutual relationship between the gross domestic product (GDP) and unemployment rate time series - on data from two transition countries, in this case on data from the Czech and Slovak Republicsin 1995-2010. The analysis is based on two versions of Okun's law - the difference and the gap version of the Okun's law. Estimations of Okun's law coefficients show the persistence of basic rule - the GDP growth causes the unemployment rate decrease. However, estimations based on the Czech and Slovak data sets give different results comparing to those from the US time series.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
PROCEEDINGS OF THE 29TH INTERNATIONAL CONFERENCE ON MATHEMATICAL METHODS IN ECONOMICS 2011, PTS I AND II
ISBN
978-80-7431-058-4
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
480-485
Publisher name
PROFESSIONAL PUBLISHING
Place of publication
Praha
Event location
Jánská Dolina, SR
Event date
Jan 1, 2011
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000309074600079