Comparation of the Rate of Unemployment, NAIRU and Economic Cycle from the Perspective of Labor Market on Macro-economic and Meso-economic Level

Emilie Jašová and Božena Kadeřábková

Regionální studia, 2012, vol. 2012, issue 2, 22-32

Abstract: This article analyses unemployment rate for the Czech Republic under the following criteria: regions, gender and age. Using the Hodrick-Prescott filter it estimates NAIRU for these mesoeconomic levels. Estimated NAIRU values are deducted from the real unemployment rate values. By comparing the values of the NAIRU and unemployment gap at mesolevel with an estimate for the entire national economy it is possible to determine variability within the aggregated values. On basis of this comparison it is possible to estimate the advance of some regions, gender and age categories in comparison with the development at the macrolevel and to make a short-term forecast for the entire national economy.

Keywords: regions; regiony; mesoeconomy; national economy; HP filter; NAIRU; unemployment gap; mezoekonomie; národní hospodářství; HP filtr; NAIRU; mezera nezaměstnanosti (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.regionalni-studia.cz/images/2012-2/3_te ... _22-32_02_2012_3.pdf (text/html)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlrst:v:2012:y:2012:i:2:id:69:p:22-32

Ordering information: This journal article can be ordered from
Vysoká škola ekonomická v Praze, Katedra regionálních studií, nám. W. Churchilla 4, 130 67 Praha 3
http://www.regionalni-studia.cz/

Access Statistics for this article

Regionální studia is currently edited by Ing. Milan Damborský, Ph.D.

More articles in Regionální studia from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().