Efficiency of the European labour markets: The Case of Czech Republic (A Stochastic frontier model approach)

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F14%3A00076449" target="_blank" >RIV/00216224:14560/14:00076449 - isvavai.cz</a>

Výsledek na webu

<a href="http://mme2014.upol.cz/downloads/MME_2014_Proceedings.pdf" target="_blank" >http://mme2014.upol.cz/downloads/MME_2014_Proceedings.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Efficiency of the European labour markets: The Case of Czech Republic (A Stochastic frontier model approach)

Popis výsledku v původním jazyce

This contribution aims to provide a consistent methodology to evaluate the performance of the European labour markets in the last 20 years and to reveal the most important factors influencing the efficiency of these labour markets. In particular, it focuses on the Czech labour market. Labour markets and their dynamics may be described by the standard Cobb-Douglas matching functions. Successful matches are thus treated as an output of a production process where unemployed are paired with available vacancies. Unemployment outflows are determined by the efficiency of corresponding matching process. Using stochastic frontier model approach, we estimate the efficiency of matching functions of Czech labour market, reveal the dynamics of quantified efficiencyindicators and evaluate the differences among the regions. The stochastic frontier is estimated using the regional panel data set for the period 1997-2013. The model specification includes fixed effect

Název v anglickém jazyce

Efficiency of the European labour markets: The Case of Czech Republic (A Stochastic frontier model approach)

Popis výsledku anglicky

This contribution aims to provide a consistent methodology to evaluate the performance of the European labour markets in the last 20 years and to reveal the most important factors influencing the efficiency of these labour markets. In particular, it focuses on the Czech labour market. Labour markets and their dynamics may be described by the standard Cobb-Douglas matching functions. Successful matches are thus treated as an output of a production process where unemployed are paired with available vacancies. Unemployment outflows are determined by the efficiency of corresponding matching process. Using stochastic frontier model approach, we estimate the efficiency of matching functions of Czech labour market, reveal the dynamics of quantified efficiencyindicators and evaluate the differences among the regions. The stochastic frontier is estimated using the regional panel data set for the period 1997-2013. The model specification includes fixed effect

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název statě ve sborníku

32nd International Conference Mathematical Methods in Economics Conference Proceedings

ISBN

9788024442099

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

703-708

Název nakladatele

Palacký University

Místo vydání

Olomouc

Místo konání akce

Olomouc

Datum konání akce

1. 1. 2014

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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