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Efektivita trhu práce ve světle opatření konceptu flexikurity: příklad České republiky a Švédska v období 20062015

Efficiency of Labour Market Policy Changes in the Czech Republic and Sweden in 2006-2015

Marcela Kantová, Šárka Prudká, Markéta Arltová and Magdaléna Kotýnková

Politická ekonomie, 2018, vol. 2018, issue 4, 411-429

Abstract: The paper is aimed at assessing efficiency of adopted measures of the concept of flexicurity in Sweden and Czech Republic in 2006-2015. It examines hypothesis that the matching process can be made more efficient by increasing the labour market flexibility. The Beveridge curve depicting the relationship between the unemployment and job vacancies is used to demonstrate a change in efficiency of labour market policies. The correlation analysis is used to address possible reasons for weaknesses of active labour market policies. Research findings show a better efficiency of the matching process in a rigid labour market, with the hypothesis being confirmed only for Czech Republic. However, the Czech labour market was fighting against higher imbalances than the Swedish one, throughout the whole period under review, with the most threatened unemployed having been both young and older people.

Keywords: unemployment; matching efficiency; active labour market policy; flexicurity; Czech Republic; Sweden (search for similar items in EconPapers)
JEL-codes: J08 J21 J64 (search for similar items in EconPapers)
Date: 2018
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DOI: 10.18267/j.polek.1222

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Handle: RePEc:prg:jnlpol:v:2018:y:2018:i:4:id:1222:p:411-429