ECONOMIC GROWTH AND UNEMPLOYMENT RATE OF THE TRANSITION COUNTRY - THE CASE OF THE CZECH REPUBLIC 1996-2009

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F11%3A%230001820" target="_blank" >RIV/47813059:19520/11:#0001820 - 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

ECONOMIC GROWTH AND UNEMPLOYMENT RATE OF THE TRANSITION COUNTRY - THE CASE OF THE CZECH REPUBLIC 1996-2009

Popis výsledku v původním jazyce

The main aim of this paper is to compare estimations and results for Okun's law relation coefficients of the Czech economy 1996-2009 with coefficients for economies of the US and France. These countries were chosen to compare the most discussed US economy with the France as a representative of the western-European type of economy and the Czech Republic as a representative economy of a transition country. The analysis is based on two principles - the difference version and the dynamic version of the Okun's law. Estimations of difference version of Okun's law coefficients show the persistence of the basic rule - the GDP growth causes the unemployment rate decrease. The estimation results express that the 1 percentage point decrease in the unemployment rate is bound with 10.1% increase of the real GDP. These numbers are different for France and the USA; the 1 percentage point decrease in the unemployment rate is bound with 2.7% increase of the real GDP in France and with 1.8% increase of

Název v anglickém jazyce

ECONOMIC GROWTH AND UNEMPLOYMENT RATE OF THE TRANSITION COUNTRY - THE CASE OF THE CZECH REPUBLIC 1996-2009

Popis výsledku anglicky

The main aim of this paper is to compare estimations and results for Okun's law relation coefficients of the Czech economy 1996-2009 with coefficients for economies of the US and France. These countries were chosen to compare the most discussed US economy with the France as a representative of the western-European type of economy and the Czech Republic as a representative economy of a transition country. The analysis is based on two principles - the difference version and the dynamic version of the Okun's law. Estimations of difference version of Okun's law coefficients show the persistence of the basic rule - the GDP growth causes the unemployment rate decrease. The estimation results express that the 1 percentage point decrease in the unemployment rate is bound with 10.1% increase of the real GDP. These numbers are different for France and the USA; the 1 percentage point decrease in the unemployment rate is bound with 2.7% increase of the real GDP in France and with 1.8% increase of

Druh

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

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2011

Kód důvěrnosti údajů

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

Název periodika

E & M EKONOMIE A MANAGEMENT

ISSN

1212-3609

e-ISSN

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Svazek periodika

14

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

9

Strana od-do

29-37

Kód UT WoS článku

000296411900003

EID výsledku v databázi Scopus

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