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The paper is focused on the disputation with Mojmir Hajek on the field of the measurement of the total factor productivity index. We point out the interpretation obstacles connected to this measurement and its results at a level of the whole economy as well as of its industries. We also refer to...
Persistent link: https://www.econbiz.de/10005049542
), production and indirectly also employment. In the retail market the consumer price index (CPI) is formed. We specify a simple … dynamic model with two state variables: CPI and PPI. Real variables - production and employment - are fully determined by CPI … shocks to the PPI inflation, production and employment equations. In the second part we implement the model on monthly data …
Persistent link: https://www.econbiz.de/10005036648
development of these areas is a sufficient number of job opportunities. An analysis of employment in the years 2002-2006 was … employment in the LFA was influenced mainly by a positive development of the regional component in the most important sectors. In … intensified by unfavourable values of the regional component. Dealing with the situation of the employment in industry, trade and …
Persistent link: https://www.econbiz.de/10008802574