Estimates of structural unemployment rates at a regional level: Example of the Czech economy
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21630%2F18%3A00326914" target="_blank" >RIV/68407700:21630/18:00326914 - isvavai.cz</a>
Result on the web
<a href="https://doi.org/10.15208/beh.2018.66" target="_blank" >https://doi.org/10.15208/beh.2018.66</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.15208/beh.2018.66" target="_blank" >10.15208/beh.2018.66</a>
Alternative languages
Result language
angličtina
Original language name
Estimates of structural unemployment rates at a regional level: Example of the Czech economy
Original language description
While there are typically plenty of estimates of structural unemployment rate for an economy as a whole, the analysis of this phenomenon at the regional level is rather sparse. Of course, the task is quite different as the concept of structural unemployment as an image of the medium-run or long-run equilibrium of the economy does not need to hold at a regional level. This paper proposes an econometrical approach based on the search theory of the labor market. The generalized method of moments is employed to estimate the so-called stationarized unemployment rates in the fourteen regions of the Czech economy. By comparing the estimates and actually observed levels of unemployment rates, the effects of economic upswings and recessions after the year 2000 may be analyzed. Indeed, from the regional perspective the economic impacts differ substantially in certain periods of time.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
BUSINESS AND ECONOMIC HORIZONS
ISSN
1804-1205
e-ISSN
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Volume of the periodical
14
Issue of the periodical within the volume
5
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
18
Pages from-to
970-987
UT code for WoS article
000454592400002
EID of the result in the Scopus database
2-s2.0-85063181415