The aim of this bachelor thesis is to investigate a
relationship between the rate of wage inflation and selected
factors of the labor market in conditions of the Czech Republic
between years 2000–2019. Particularly, the article examines
dependencies of following variables: the unemployment rate, the
overall employment growth and the labor market tightness.
Investigation could be described as an statistical analysis
based on the real data development. The introduction represents
theoretical concepts including some current studies of relevant
topics. The empirical part is firstly focused on causal effects
analysis of involved variables for two different wage inflation
specifications using linear regression. The other part examines
the predictive abilities of individual factors.