Modelling of Unemployment Duration in the Czech Republic

Adam Čabla and Ivana Malá

Prague Economic Papers, 2017, vol. 2017, issue 4, 438-449

Abstract: The paper examines the duration of unemployment in the Czech Republic in the three selected years (2008, 2010 and 2014). It is based on the Czech Statistical Office data collected from the Labour Force Sample Survey. Lognormal probability distribution (unimodal positively skewed heavy-tailed distribution) is used in the Accelerated Failure Time regression model including the following factor explanatory variables: years (three levels, 2008, 2010, 2014), gender (two levels), education (four levels), five-year age groups (nine levels) and municipality size (five levels). Apart from this parametric model, Turnbull's nonparametric estimator of the survival function is evaluated for subsamples defined by the year, gender and education. The effects of education and gender - a strong positive one of the former and less significant one of the latter, respectively - are quantified and assessed.

Keywords: unemployment duration; AFT model; Turnbull's estimator; interval censored data (search for similar items in EconPapers)
JEL-codes: C41 E24 J64 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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DOI: 10.18267/j.pep.620

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