Dependence of Unemployment Change on Selected Economic Factors:
Panel Data Evidence

D 2015

Dependence of Unemployment Change on Selected Economic Factors: Panel Data Evidence

KUBÁK, Matúš, Lucia BOSÁKOVÁ, Miloš FIŠAR, Zuzana HAJDUOVA, Eva TIMUROVA et. al.

Basic information

Original name

Dependence of Unemployment Change on Selected Economic Factors: Panel Data Evidence

Authors

KUBÁK, Matúš (703 Slovakia, guarantor), Lucia BOSÁKOVÁ (703 Slovakia), Miloš FIŠAR (203 Czech Republic, belonging to the institution), Zuzana HAJDUOVA (703 Slovakia) and Eva TIMUROVA (703 Slovakia)

Edition

1. vyd. Brno, Current Trends in Public Sector Research : Proceedings of the 19th International Conference, p. 21-28, 8 pp. 2015

Publisher

Masarykova univerzita

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

RIV identification code

RIV/00216224:14560/15:00082283

Organization unit

Faculty of Economics and Administration

ISBN

978-80-210-7532-0

ISSN

UT WoS

000355547600002

Keywords in English

Global Unemployment; Panel Data Analysis; Fixed Effects Model (FEM)

Změněno: 7/7/2015 10:53, Ing. Miloš Fišar, Ph.D.

Abstract

V originále

Unemployment, macroeconomic problem, varies depending on a multitude of different factors. Politicians and economists try to boost economic activity and fight unemployment using state employment aid and various policies. This study aims to investigate efficiency of choosing policies and to analyze unemployment trends in EU28, Norway, Japan and USA for years 2001-2010. The paper focuses on the relation of unemployment and selected economic factors (foreign direct investment flows as % of GDP, public expenditure on education as % of GDP, public expenditure on labor market policies as % of GDP and inflation rate). Thus, our panel data consist of 30 countries and 5 variables for 2001-2010. Our analysis revealed that in models with time lags foreign direct investment had no impact on unemployment, while public expenditure on education and inflation had a negative influence on employment. Public expenditure on labor market had a positive impact on employment after three to four years after its realization.

Links

MUNI/A/0845/2013, interní kód MU

Name: Možnosti využití experimentálních a behaviorálních přístupů ve veřejné ekonomii

Investor: Masaryk University, Category A

Citovat

KUBÁK, Matúš, Lucia BOSÁKOVÁ, Miloš FIŠAR, Zuzana HAJDUOVA and Eva TIMUROVA. Dependence of Unemployment Change on Selected Economic Factors: Panel Data Evidence. In Dagmar Špalková, Lenka Matějová. FIŠAR, Miloš, Zuzana HAJDUOVĂˇ and Eva TIMUROVĂˇ. Current Trends in Public Sector Research : Proceedings of the 19th International Conference. 1st ed. Brno: Masarykova univerzita, 2015, p. 21-28. ISBN 978-80-210-7532-0.

@inproceedings{1217844,
   author = {Kubák, Matúš and Bosáková, Lucia and Fišar, Miloš and Hajduova, Zuzana and Timurova, Eva and Fišar, Miloš and HajduovĂˇ, Zuzana and TimurovĂˇ, Eva},
   address = {Brno},
   booktitle = {Current Trends in Public Sector Research : Proceedings of the 19th International Conference},
   edition = {1.},
   editor = {Dagmar Špalková, Lenka Matějová},
   keywords = {Global Unemployment; Panel Data Analysis; Fixed Effects Model (FEM)},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Brno},
   isbn = {978-80-210-7532-0},
   pages = {21-28},
   publisher = {Masarykova univerzita},
   title = {Dependence of Unemployment Change on Selected Economic Factors: Panel Data Evidence},
   year = {2015}
}

TY  - JOUR
ID  - 1217844
AU  - Kubák, Matúš - Bosáková, Lucia - Fišar, Miloš - Hajduova, Zuzana - Timurova, Eva - Fišar, Miloš - HajduovĂˇ, Zuzana - TimurovĂˇ, Eva
PY  - 2015
TI  - Dependence of Unemployment Change on Selected Economic Factors: Panel Data Evidence
PB  - Masarykova univerzita
CY  - Brno
SN  - 9788021075320
KW  - Global Unemployment
KW  - Panel Data Analysis
KW  - Fixed Effects Model (FEM)
N2  - Unemployment, macroeconomic problem, varies depending on a multitude of different factors. Politicians and economists try to boost economic activity and fight unemployment using state employment aid and various policies. This study aims to investigate efficiency of choosing policies and to analyze unemployment trends in EU28, Norway, Japan and USA for years 2001-2010. The paper focuses on the relation of unemployment and selected economic factors (foreign direct investment flows as % of GDP, public expenditure on education as % of GDP, public expenditure on labor market policies as % of GDP and inflation rate). Thus, our panel data consist of 30 countries and 5 variables for 2001-2010. Our analysis revealed that in models with time lags foreign direct investment had no impact on unemployment, while public expenditure on education and inflation had a negative influence on employment. Public expenditure on labor market had a positive impact on employment after three to four years after its realization.
ER  -

KUBÁK, Matúš, Lucia BOSÁKOVÁ, Miloš FIŠAR, Zuzana HAJDUOVA and Eva TIMUROVA. Dependence of Unemployment Change on Selected Economic Factors: Panel Data Evidence. In Dagmar Špalková, Lenka Matějová. FIŠAR, Miloš, Zuzana HAJDUOV$\backslash$U Aˇ and Eva TIMUROV$\backslash$U Aˇ. \textit{Current Trends in Public Sector Research : Proceedings of the 19th International Conference}. 1st ed. Brno: Masarykova univerzita, 2015, p.~21-28. ISBN~978-80-210-7532-0.

Detailed Information on Publication Record