Estimating the Regional Natural Rate of Unemployment: the Evidence from the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F13%3A%230002195" target="_blank" >RIV/47813059:19520/13:#0002195 - 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
Estimating the Regional Natural Rate of Unemployment: the Evidence from the Czech Republic
Original language description
The paper deals with development of the regional unemployment rate in the Czech Republic. The unemployment rate differed significantly among the Czech NUTS 3 regions during the period 2005 and 2012. According to previous studies high unemployment is caused by drop in economic performance or by some structural problems in the region. We can see that the development of the Czech national unemployment rate was correlated with the economic cycle. In other words, it means that during economic growth the unemployment rate is decreasing and during economic downturn it is increasing. We used Czech Ministry of Labour and Social Affairs monthly seasonally adjusted data during the observed period between the years 2005 and 2012. We have applied 2005 registered unemployment methodology. In total, we had 96 observations. We also applied the Hodrick-Prescott filter for estimating the natural rate of unemployment. This method is often used for estimating the potential output and is possible to use in
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
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2013
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 11th International Conference Liberec Economic Forum 2013
ISBN
978-80-7372-953-0
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
593-600
Publisher name
Technical University of Liberec
Place of publication
Liberec
Event location
Liberec
Event date
Sep 16, 2013
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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