Okun law: still working in the Czech Republic?

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F14%3A63595" target="_blank" >RIV/60460709:41110/14:63595 - 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

Okun law: still working in the Czech Republic?

Popis výsledku v původním jazyce

Okun law has been discussed recently related to the so called jobless recoveries or its instability in the changing macroeconomic conditions. However, according to other authors, Okun law is still valid to most of the countries and its deviations are short-lived and less often. The aim of this work is to check the validity of Okun's law in the Czech Republic for the period 1997-2012 in a gap version of the Okun Law. The results of this paper partly confirm the validity of Okun's law, particularly for quarterly data. However, the statistical significance of linear regression models of Okun Law estimated by OLS method is quite low due to the short time series.

Název v anglickém jazyce

Okun law: still working in the Czech Republic?

Popis výsledku anglicky

Okun law has been discussed recently related to the so called jobless recoveries or its instability in the changing macroeconomic conditions. However, according to other authors, Okun law is still valid to most of the countries and its deviations are short-lived and less often. The aim of this work is to check the validity of Okun's law in the Czech Republic for the period 1997-2012 in a gap version of the Okun Law. The results of this paper partly confirm the validity of Okun's law, particularly for quarterly data. However, the statistical significance of linear regression models of Okun Law estimated by OLS method is quite low due to the short time series.

Druh

D - Stať ve sborníku

CEP obor

AG - Právní vědy

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název statě ve sborníku

MEKON 2014 The CD of Participants? reviewed papers from 16th International Conference MEKON 2014, February 5-6

ISBN

978-80-248-3316-3

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

588-594

Název nakladatele

VŠB?TUO, Faculty of Economics, Ostrava, (with the financial support of Nadační fond Karla Engliše)

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

5. 2. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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