The relationship between pressure of demand in the labour market and the wage rate in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F02%3A00002023" target="_blank" >RIV/61989100:27510/02:00002023 - 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
The relationship between pressure of demand in the labour market and the wage rate in the Czech Republic
Original language description
The purpose of this paper is to investigate the relationship between pressure of demand in the labour market and the wage rate in the Czech Republic using monthly time series from January 1995 - December 2001. The pressure of labour demand is express using adjusted time series of the registered unemployment rate and vacancy rate. We provide cointegration test on these variables and then we estimate two Error Correction Models and investigate short-run and long-run movements between wage rate - unemployment rate and wage rate-vacancy rate. We also analyse the variances decomposition of endogenous variables and the impulse response functions for the effects of shocks to these variables
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
<a href="/en/project/GA402%2F00%2F1165" target="_blank" >GA402/00/1165: Modelling of the Regional Labour Market Development</a><br>
Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2002
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Econometrics of Wages, Applied Econometrics Association
ISBN
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ISSN
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e-ISSN
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Number of pages
10
Pages from-to
1-10
Publisher name
University of Brussels
Place of publication
Brussels
Event location
Brussels
Event date
May 28, 2002
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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