Labour Costs before Covid

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F45773009%3A_____%2F21%3AN0000052" target="_blank" >RIV/45773009:_____/21:N0000052 - isvavai.cz</a>

Výsledek na webu

<a href="https://katalog.vupsv.cz/fulltext/sig_6802.pdf" target="_blank" >https://katalog.vupsv.cz/fulltext/sig_6802.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Labour Costs before Covid

Popis výsledku v původním jazyce

Labour costs comprise one of the basic indicators of labour market competitiveness and can be monitored with recpect to three aspects: labour costs, share of labour costs and unit labour costs. 2008 saw the beginning of a major financial crisis, to which individual national economies reacted in different ways and, especially, over different time horizons. The crisis was followed by several years of economic expansion. In 2020, the world economy was impacted by a new external shock in the form of a disease thet became known as Covid-19. However, the avaibility of the data needed to calculate the various labour indicators is subject to a two-year delay. Hence, on one knows what in fact happened to these labour indicators in 2020. The article provides an analysis of this issue at two levels, the first of which presents a forecast of labour cost indicators for European Union countries in terms of their probable development had no external shock occurred; the accuracy of this forecast and the impact of Covid-19 will be determined only at the end of 2022. The second level considers the convergence of European Union countries concerning labour costs in 2008-2019; cluster analysis is used to determine similarities and differences. The various EU countries are renked in subsets of mutual real competitors.

Název v anglickém jazyce

Labour Costs before Covid

Popis výsledku anglicky

Labour costs comprise one of the basic indicators of labour market competitiveness and can be monitored with recpect to three aspects: labour costs, share of labour costs and unit labour costs. 2008 saw the beginning of a major financial crisis, to which individual national economies reacted in different ways and, especially, over different time horizons. The crisis was followed by several years of economic expansion. In 2020, the world economy was impacted by a new external shock in the form of a disease thet became known as Covid-19. However, the avaibility of the data needed to calculate the various labour indicators is subject to a two-year delay. Hence, on one knows what in fact happened to these labour indicators in 2020. The article provides an analysis of this issue at two levels, the first of which presents a forecast of labour cost indicators for European Union countries in terms of their probable development had no external shock occurred; the accuracy of this forecast and the impact of Covid-19 will be determined only at the end of 2022. The second level considers the convergence of European Union countries concerning labour costs in 2008-2019; cluster analysis is used to determine similarities and differences. The various EU countries are renked in subsets of mutual real competitors.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50206 - Finance

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2021

Kód důvěrnosti údajů

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

Název statě ve sborníku

Economic and Societal Challenges of the European Economy (COVID and Post-COVID Period)

ISBN

978-80-7510-488-5

ISSN

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e-ISSN

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Počet stran výsledku

14

Strana od-do

1-14

Název nakladatele

Silesian University

Místo vydání

Karviná

Místo konání akce

Petrovice u Karviné

Datum konání akce

15. 9. 2021

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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