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Okun law: still working in the Czech Republic?

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F14%3A63595" target="_blank" >RIV/60460709:41110/14:63595 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Okun law: still working in the Czech Republic?

  • Original language description

    Okun law has been discussed recently related to the so called jobless recoveries or its instability in the changing macroeconomic conditions. However, according to other authors, Okun law is still valid to most of the countries and its deviations are short-lived and less often. The aim of this work is to check the validity of Okun's law in the Czech Republic for the period 1997-2012 in a gap version of the Okun Law. The results of this paper partly confirm the validity of Okun's law, particularly for quarterly data. However, the statistical significance of linear regression models of Okun Law estimated by OLS method is quite low due to the short time series.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AG - Legal sciences

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2014

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    MEKON 2014 The CD of Participants? reviewed papers from 16th International Conference MEKON 2014, February 5-6

  • ISBN

    978-80-248-3316-3

  • ISSN

  • e-ISSN

  • Number of pages

    7

  • Pages from-to

    588-594

  • Publisher name

    VŠB?TUO, Faculty of Economics, Ostrava, (with the financial support of Nadační fond Karla Engliše)

  • Place of publication

    Ostrava

  • Event location

    Ostrava

  • Event date

    Feb 5, 2014

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article