The Impact of Covid-19 on Labour Costs

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F45773009%3A_____%2F22%3AN0000050" target="_blank" >RIV/45773009:_____/22:N0000050 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Impact of Covid-19 on Labour Costs

Popis výsledku v původním jazyce

Labour costs comprise one of the basic indicators of labour market competitiveness and can be monitored with respect to three aspects: labour costs, share of labour costs and unit labour costs. In 2020, a previously unknown disease known as Covid-19 broke out worldwide. This article applies the quasi-experimental difference-in-differences method to determine the impact of the Covid-19 disease on the labour markets of European Union countries. To date, only the first year of the occurrence of the Covid-19 disease has been evaluated due to a two-year delay in the publishing of the relevant data. The countries that acceded to the EU after 2004 and the countries classified as PIIGS had the most difficulties coping with Covid-19. In essence, however, the Covid-19 disease negatively affected almost all the member countries of the European Union. Nevertheless, it is possible to conclude that the impact of Covid-19 was not as significant an external shock as, for example, the financial crisis of 2008.

Název v anglickém jazyce

The Impact of Covid-19 on Labour Costs

Popis výsledku anglicky

Labour costs comprise one of the basic indicators of labour market competitiveness and can be monitored with respect to three aspects: labour costs, share of labour costs and unit labour costs. In 2020, a previously unknown disease known as Covid-19 broke out worldwide. This article applies the quasi-experimental difference-in-differences method to determine the impact of the Covid-19 disease on the labour markets of European Union countries. To date, only the first year of the occurrence of the Covid-19 disease has been evaluated due to a two-year delay in the publishing of the relevant data. The countries that acceded to the EU after 2004 and the countries classified as PIIGS had the most difficulties coping with Covid-19. In essence, however, the Covid-19 disease negatively affected almost all the member countries of the European Union. Nevertheless, it is possible to conclude that the impact of Covid-19 was not as significant an external shock as, for example, the financial crisis of 2008.

Druh

O - Ostatní výsledky

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

2022

Kód důvěrnosti údajů

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