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The economic development points out the importance of the development study of sectors and branches of economics, because they can deepen or moderate volatility of the economic cycle. The article aims at mapping the rate of unemployment in the primary, secondary and tertiary sector in the Czech...
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This article analyses unemployment rate for the Czech Republic under the following criteria: regions, gender and age. Using the Hodrick-Prescott filter it estimates NAIRU for these mesoeconomic levels. Estimated NAIRU values are deducted from the real unemployment rate values. By comparing the...
Persistent link: https://www.econbiz.de/10011070649
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For the estimation of the NAIRU´s development, the slope and the shift of the Phillips curve was applied the system of the methods which are commonly used at the international level. Main contribution of this study is to summarize methods and to compare results for selected countries in the...
Persistent link: https://www.econbiz.de/10011195544
The Natural rate of unemployment indicates such a level of unemployment at which the inflation rate is constant (Estrada, Hernando a Lopez-Salido, 2000). This concept is called Non-Accelerating Inflation Rate of Unemployment (NAIRU). NAIRU is an unobservable variable (Boone, 2000). Richardson,...
Persistent link: https://www.econbiz.de/10011210243
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