Investigating differences between the Czech and Slovak labour
market

D 2012

Investigating differences between the Czech and Slovak labour market

NĚMEC, Daniel

Základní údaje

Originální název

Investigating differences between the Czech and Slovak labour market

Autoři

NĚMEC, Daniel (203 Česká republika, garant, domácí)

Vydání

Bratislava, Proceedings of the International Scientific Conference Quantitative Methods in Economics (Multiple Criteria Decision Making XVI), od s. 161-165, 5 s. 2012

Nakladatel

Vydavateľstvo EKONÓM

Další údaje

Jazyk

angličtina

Typ výsledku

Stať ve sborníku

Obor

50200 5.2 Economics and Business

Stát vydavatele

Slovensko

Utajení

není předmětem státního či obchodního tajemství

Forma vydání

tištěná verze "print"

Odkazy

URL

Kód RIV

RIV/00216224:14560/12:00060109

Organizační jednotka

Ekonomicko-správní fakulta

ISBN

978-80-225-3426-0

UT WoS

000307520000026

Klíčová slova anglicky

search and matching model; DSGE model; wage bargaining; Bayesian estimation

Příznaky

Mezinárodní význam, Recenzováno

Změněno: 17. 1. 2013 22:58, doc. Ing. Daniel Němec, Ph.D.

Anotace

V originále

This contribution reveals some structural properties and differences of the Czech and Slovak labour markets. A small search and matching model incorporated into standard DSGE model is estimated using Bayesian techniques. Two sources of rigidities were implemented: wage bargaining mechanism and "search and matching" process matching workers and firms. The results show that search and matching aspect provides satisfactory description of employment flows in both economies. Model estimates provide interesting evidence that wage bargaining process is determined mainly by the power of the firms. These results support the view of flexible wage environment in both economies. On the other hand, the firms are confronted by the increasing vacancy posting costs that limit vacancies creation. Relative low separation rate provides evidence of reduced mobility of the workers.

Přiložené soubory

paper_QME2012.doc Verze souboru

Citovat

NĚMEC, Daniel. Investigating differences between the Czech and Slovak labour market. In Marian Reiff. Proceedings of the International Scientific Conference Quantitative Methods in Economics (Multiple Criteria Decision Making XVI). Bratislava: Vydavateľstvo EKONÓM, 2012, s. 161-165. ISBN 978-80-225-3426-0.

@inproceedings{984171,
   author = {Němec, Daniel},
   address = {Bratislava},
   booktitle = {Proceedings of the International Scientific Conference Quantitative Methods in Economics (Multiple Criteria Decision Making XVI)},
   editor = {Marian Reiff},
   keywords = {search and matching model; DSGE model; wage bargaining; Bayesian estimation},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Bratislava},
   isbn = {978-80-225-3426-0},
   pages = {161-165},
   publisher = {Vydavateľstvo EKONÓM},
   title = {Investigating differences between the Czech and Slovak labour market},
   url = {http://www.fhi.sk/files/katedry/kove/ssov/VKOXVI/Zbornik2012.pdf},
   year = {2012}
}

TY  - CONF
ID  - 984171
AU  - Němec, Daniel
PY  - 2012
TI  - Investigating differences between the Czech and Slovak labour market
PB  - Vydavateľstvo EKONÓM
CY  - Bratislava
SN  - 9788022534260
KW  - search and matching model
KW  - DSGE model
KW  - wage bargaining
KW  - Bayesian estimation
UR  - http://www.fhi.sk/files/katedry/kove/ssov/VKOXVI/Zbornik2012.pdf
L2  - http://www.fhi.sk/files/katedry/kove/ssov/VKOXVI/Zbornik2012.pdf
N2  - This contribution reveals some structural properties and differences of the Czech and Slovak labour markets. A small search and matching model incorporated into standard DSGE model is estimated using Bayesian techniques. Two sources of rigidities were implemented: wage bargaining mechanism and "search and matching" process matching workers and firms. The results show that search and matching aspect provides satisfactory description of employment flows in both economies. Model estimates provide interesting evidence that wage bargaining process is determined mainly by the power of the firms. These results support the view of flexible wage environment in both economies. On the other hand, the firms are confronted by the increasing vacancy posting costs that limit vacancies creation. Relative low separation rate provides evidence of reduced mobility of the workers.
ER  -

NĚMEC, Daniel. Investigating differences between the Czech and Slovak labour market. In Marian Reiff. \textit{Proceedings of the International Scientific Conference Quantitative Methods in Economics (Multiple Criteria Decision Making XVI)}. Bratislava: Vydavateľstvo EKONÓM, 2012, s.~161-165. ISBN~978-80-225-3426-0.

Přehled o publikaci