JAHODA, Robert and Jana GODAROVÁ. Unemployment and its Cost to Public Budgets in the Czech Republic in 2010 – 2015. Ekonomický časopis, SAP - Slovak Academic Press, 2016, vol. 64, No 7, p. 629-645. ISSN 0013-3035.
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Basic information
Original name Unemployment and its Cost to Public Budgets in the Czech Republic in 2010 – 2015
Authors JAHODA, Robert (203 Czech Republic, guarantor, belonging to the institution) and Jana GODAROVÁ (203 Czech Republic, belonging to the institution).
Edition Ekonomický časopis, SAP - Slovak Academic Press, 2016, 0013-3035.
Other information
Original language English
Type of outcome Article in a journal
Field of Study 50200 5.2 Economics and Business
Country of publisher Slovakia
Confidentiality degree is not subject to a state or trade secret
Impact factor Impact factor: 0.720
RIV identification code RIV/00216224:14560/16:00091212
Organization unit Faculty of Economics and Administration
UT WoS 000390617000002
Keywords in English unemployment; social policy; public expenditure; tax revenue; economic modeling
Tags International impact, Reviewed
Changed by Changed by: doc. Ing. Robert Jahoda, Ph.D., učo 16912. Changed: 2/6/2017 15:34.
Abstract
Within the EU, the Czech Republic belongs to the countries with unemploy-ment below average. Therefore, it may seem that unemployment benefits and other direct costs connected with unemployment constitute a rather small expenditure. In our paper we show that this first impression is false. This paper comprehensively assesses the impact of unemployment on public budgets. Its contributions are as follows: (1) we discuss the methodological problems that are associated with particular methods of the impact calculation, and (2) we quantify the impacts for the Czech Republic budgets in the years 2010 – 2015 and compare them with other studies. Our results suggest that in 2015 the annual costs of unemployment reached EUR 9.064 per unemployed person. According to other studies, the nominal value of the costs is slightly higher than is the case in Slovakia (as a similar economy) and lower than the results for traditional European countries. The results are also lower when the costs are compared to average labour costs in the economy.
Links
MUNI/A/1047/2015, internal MU codeName: Redistribuční spravedlnost a alokační efektivnost politik veřejného sektoru. (Acronym: ReAlokVS_2016)
Investor: Masaryk University, Grant Agency of Masaryk University, Category A
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