Detailed Information on Publication Record
2019
Analysis of labour market development in the Czech Republic
KRKOŠKOVÁ, RadmilaBasic information
Original name
Analysis of labour market development in the Czech Republic
Authors
KRKOŠKOVÁ, Radmila (203 Czech Republic, guarantor, belonging to the institution)
Edition
České Budějovice, 37thInternational Conference onMathematical Methods in Economics 2019, p. 314-319, 6 pp. 2019
Publisher
University of South Bohemia in České Budějovice, Faculty of EconomicsStudentská 13, 370 05 České Budějovice, Czech Republic
Other information
Language
English
Type of outcome
Stať ve sborníku
Field of Study
50202 Applied Economics, Econometrics
Country of publisher
Czech Republic
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
electronic version available online
References:
RIV identification code
RIV/47813059:19520/19:A0000065
Organization unit
School of Business Administration in Karvina
ISBN
978-80-7394-760-6
Keywords in English
ADF test of stationarity; Beveridge curve; cointegration test; Johansen test; labor market; VECM
Změněno: 11/1/2020 14:48, Mgr. Radmila Krkošková, Ph.D.
Abstract
V originále
This article deals with an analysis of the relationship between the unem-ployment rate and the number of vacancies in the labour market. This relationship can be characterized by the Beveridge curve. The article explores, whether there is a long-term or short-term relationship between variables. Furthermore, this relation-ship in the labour market is expanded with the impact of the rate of the unemployed earning unemployment benefit, the rate of unemployed graduates and the rate of un-employed women. The vector error correction model was used for this purpose to determine both long-term and short-term causal relationships. To create the resulting model, the econometric methodology was used, namely unit root tests, Granger cau-sality for the determination of statistically significant relationships, information cri-teria and the Johansen cointegration test.The data used have the character of quar-terly time series in the period from 2002Q1 to 2018Q4.EViews software version 9 was usedfor the calculations.