Okun Law: An Empirical Investigation of an Incremental Version for the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F14%3A63584" target="_blank" >RIV/60460709:41110/14:63584 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Okun Law: An Empirical Investigation of an Incremental Version for the Czech Republic
Original language description
Okun law as a rule of thumb is often criticized because of the so-called jobless recoveries and its stability in a variable economic environment and its usefulness is questioned. The incremental version of Okun law applied on the annual and quarterly data in Czech Republic during the period of 1997 - 2012 is discussed in this paper. The negative relationship between unemployment rate and the real GDP growth rate in a simple linear regression model is estimated by using OLS method, but with low coefficients of determination.
Czech name
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Czech description
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
The International Conference Hradec Economic Days 2014 Peer-Reviewed Conference Proceedings, Part IV. The International Conference Hradec Economic Days 2014 Economic Development and Management of Regions Hradec Králové, February 4th and 5th, 2014
ISBN
978-80-7435-369-7
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
171-176
Publisher name
Gaudeamus, the University of Hradec Králové, Czech Republic, Publication No 1309
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Feb 4, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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