| NĚMEC, Daniel a Dalibor MORAVANSKÝ. Wage Bargaining Model As Microfoundation Of Hysteresis Hypothesis. Bulletin of the Czech Econometric Society. Czech Econometric Society, 2006, roč. 23, č. 13, s. 61-76, 15 s. ISSN 1212-074X. |
Další formáty:
BibTeX
LaTeX
RIS
@article{792394,
author = {Němec, Daniel and Moravanský, Dalibor},
article_number = {13},
keywords = {hysteresis; unemployment; wage bargaining model},
language = {eng},
issn = {1212-074X},
journal = {Bulletin of the Czech Econometric Society},
title = {Wage Bargaining Model As Microfoundation Of Hysteresis Hypothesis},
url = {http://ces.utia.cas.cz/bulletin/index.php/bulletin/article/view/150},
volume = {23},
year = {2006}
}
TY - JOUR
ID - 792394
AU - Němec, Daniel - Moravanský, Dalibor
PY - 2006
TI - Wage Bargaining Model As Microfoundation Of Hysteresis Hypothesis
JF - Bulletin of the Czech Econometric Society
VL - 23
IS - 13
SP - 61-76
EP - 61-76
PB - Czech Econometric Society
SN - 1212074X
KW - hysteresis
KW - unemployment
KW - wage bargaining model
UR - http://ces.utia.cas.cz/bulletin/index.php/bulletin/article/view/150
N2 - This paper presents a wage bargaining model and its relation to hysteresis hypothesis in unemployment. Hysteresis in unemployment is used do denote a situation, in which the equlibrium rate is determined by the path of the actual unemployment rate. Seeming lack of micro economical foundations may be the reason why this theoretical concept is rather neglected. Very popular explanation of hypothesis effects is made through insider-outsider model. But this model may be taken as a very special case of wage bargaining. For a better plausibility of hysteresis hypothesis, one may examine whether a more general wage setting model does not offer a possibility of hysteresis effects as well. We will be able to decide whether hysteresis is the rule rather than exception. Using the macroeconomic data of the Czech Republic, parametres of this model will be estimated. Conclusions about the patterns of Czech unemployment will be made.
ER -
NĚMEC, Daniel a Dalibor MORAVANSKÝ. Wage Bargaining Model As Microfoundation Of Hysteresis Hypothesis. \textit{Bulletin of the Czech Econometric Society}. Czech Econometric Society, 2006, roč.~23, č.~13, s.~61-76, 15 s. ISSN~1212-074X.
|
