Estimating Potential Output and the Natural Rate of Unemployment: the Case of the European Union

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F15%3A%230003530" target="_blank" >RIV/47813059:19520/15:#0003530 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.3846/bm.2012.098" target="_blank" >http://dx.doi.org/10.3846/bm.2012.098</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3846/bm.2012.098" target="_blank" >10.3846/bm.2012.098</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Estimating Potential Output and the Natural Rate of Unemployment: the Case of the European Union

Popis výsledku v původním jazyce

This paper studies the selected European Union Member States (CzechRepublic, Hungary, Poland and SlovakRepublic), during and after the economic crisis. Consequences on the labour market, respectively on unemployment are also discussed in the paper. During the crisis, real gross domestic product decreased in almost all EU countries. Massive drop of gross domestic product led to increase in the unemployment rate. The purpose of this paper is to contribute to discussion about consequences of this crisis. The paper provides also an analysis of gross domestic product and its components. The empirical analysis also tried to answer the question if it is more a return to steady-statethan the deterioration of economic performance in the case of selected European countries. In other words, it means that economic performance was above the level of potential output. We applied the Hodrick-Prescott filter for estimation potential output and the natural rate of unemployment. This method is quite fre

Název v anglickém jazyce

Estimating Potential Output and the Natural Rate of Unemployment: the Case of the European Union

Popis výsledku anglicky

This paper studies the selected European Union Member States (CzechRepublic, Hungary, Poland and SlovakRepublic), during and after the economic crisis. Consequences on the labour market, respectively on unemployment are also discussed in the paper. During the crisis, real gross domestic product decreased in almost all EU countries. Massive drop of gross domestic product led to increase in the unemployment rate. The purpose of this paper is to contribute to discussion about consequences of this crisis. The paper provides also an analysis of gross domestic product and its components. The empirical analysis also tried to answer the question if it is more a return to steady-statethan the deterioration of economic performance in the case of selected European countries. In other words, it means that economic performance was above the level of potential output. We applied the Hodrick-Prescott filter for estimation potential output and the natural rate of unemployment. This method is quite fre

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

<a href="/cs/project/GP402%2F09%2FP142" target="_blank" >GP402/09/P142: Institucionální rámec fungování trhu práce v kontextu ekonomické konvergence a přijetí společné měny (aplikace na země Visegrádské skupiny)</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

The 7th International Scientific Conference Business and Management 2012

ISBN

978-609-457-116-9

ISSN

—

e-ISSN

—

Počet stran výsledku

8

Strana od-do

760-767

Název nakladatele

Vilnius Gediminas Technical University

Místo vydání

Vilnius

Místo konání akce

Vilnius

Datum konání akce

10. 5. 2012

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000329342200098