Measuring Inefficiency of the Czech Labour Market

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00083320" target="_blank" >RIV/00216224:14560/15:00083320 - isvavai.cz</a>

Výsledek na webu

<a href="http://nho.econ.muni.cz/15-2015/2-2015/measuring-inefficiency-czech-labour-market" target="_blank" >http://nho.econ.muni.cz/15-2015/2-2015/measuring-inefficiency-czech-labour-market</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1515/revecp-2015-0017" target="_blank" >10.1515/revecp-2015-0017</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Measuring Inefficiency of the Czech Labour Market

Popis výsledku v původním jazyce

This paper aims to quantify the performance of the Czech regional labour markets and to reveal the most influential economic factors standing behindits dynamics in the last fifteen years. Investigated labour markets are described using matching functionapproach. The successful matches are treated as an output of production process, where the unemployed are paired with vacancies. Efficiency of this matching process plays an important role in determining unemployment outflows. Using stochastic frontier model approach, dynamics of quantified efficiency terms is revealed and differences among regions are evaluated. The model specification includes a fixed effect term, where individual effect terms and inefficiency terms are estimated jointly. The stochastic frontier is estimated using monthly and quarterly regional panel data of 77 districts for the period 1999-2014.

Název v anglickém jazyce

Measuring Inefficiency of the Czech Labour Market

Popis výsledku anglicky

This paper aims to quantify the performance of the Czech regional labour markets and to reveal the most influential economic factors standing behindits dynamics in the last fifteen years. Investigated labour markets are described using matching functionapproach. The successful matches are treated as an output of production process, where the unemployed are paired with vacancies. Efficiency of this matching process plays an important role in determining unemployment outflows. Using stochastic frontier model approach, dynamics of quantified efficiency terms is revealed and differences among regions are evaluated. The model specification includes a fixed effect term, where individual effect terms and inefficiency terms are estimated jointly. The stochastic frontier is estimated using monthly and quarterly regional panel data of 77 districts for the period 1999-2014.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název periodika

Review of Economic Perspectives - Národohospodářský obzor

ISSN

1213-2446

e-ISSN

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Svazek periodika

15

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

24

Strana od-do

197-220

Kód UT WoS článku

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EID výsledku v databázi Scopus

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