| NĚMEC, Daniel. Efficiency of the European labour markets: The Case of Czech Republic (A Stochastic frontier model approach). In Talašová, J., Stoklasa, J., Talášek, T. 32nd International Conference Mathematical Methods in Economics Conference Proceedings. Olomouc: Palacký University, 2014, p. 703-708. ISBN 978-80-244-4209-9. |
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@inproceedings{1197937,
author = {Němec, Daniel},
address = {Olomouc},
booktitle = {32nd International Conference Mathematical Methods in Economics Conference Proceedings},
editor = {Talašová, J., Stoklasa, J., Talášek, T.},
keywords = {matching efficiency; matching function; European labour markets; Czech Republic; stochastic frontier model; panel data},
howpublished = {paměťový nosič},
language = {eng},
location = {Olomouc},
isbn = {978-80-244-4209-9},
pages = {703-708},
publisher = {Palacký University},
title = {Efficiency of the European labour markets: The Case of Czech Republic (A Stochastic frontier model approach)},
url = {http://mme2014.upol.cz/downloads/MME_2014_Proceedings.pdf},
year = {2014}
}
TY - JOUR
ID - 1197937
AU - Němec, Daniel
PY - 2014
TI - Efficiency of the European labour markets: The Case of Czech Republic (A Stochastic frontier model approach)
PB - Palacký University
CY - Olomouc
SN - 9788024442099
KW - matching efficiency
KW - matching function
KW - European labour markets
KW - Czech Republic
KW - stochastic frontier model
KW - panel data
UR - http://mme2014.upol.cz/downloads/MME_2014_Proceedings.pdf
L2 - http://mme2014.upol.cz/downloads/MME_2014_Proceedings.pdf
N2 - This contribution aims to provide a consistent methodology to evaluate the performance of the European labour markets in the last 20 years and to reveal the most important factors influencing the efficiency of these labour markets. In particular, it focuses on the Czech labour market. Labour markets and their dynamics may be described by the standard Cobb-Douglas matching functions. Successful matches are thus treated as an output of a production process where unemployed are paired with available vacancies. Unemployment outflows are determined by the efficiency of corresponding matching process. Using stochastic frontier model approach, we estimate the efficiency of matching functions of Czech labour market, reveal the dynamics of quantified efficiency indicators and evaluate the differences among the regions. The stochastic frontier is estimated using the regional panel data set for the period 1997-2013. The model specification includes fixed effect
ER -
NĚMEC, Daniel. Efficiency of the European labour markets: The Case of Czech Republic (A Stochastic frontier model approach). In Talašová, J., Stoklasa, J., Talášek, T. \textit{32nd International Conference Mathematical Methods in Economics Conference Proceedings}. Olomouc: Palacký University, 2014, p.~703-708. ISBN~978-80-244-4209-9.
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