Show simple item record

dc.contributor.authorTvrdon, Michal
dc.date.accessioned2024-07-03T07:41:34Z
dc.date.available2024-07-03T07:41:34Z
dc.date.issued2014
dc.identifier.isbn9786094576508en_US
dc.identifier.issn2029-4441en_US
dc.identifier.urihttps://etalpykla.vilniustech.lt/handle/123456789/154544
dc.description.abstractGenerally, economic performance declines and the unemployment rate rises during the economic crisis. This relationship was confirmed in the past several crises. Last crisis was during 2008 and 2009. The aim of the paper is to estimate output gap and to decompose the unemployment rate. We can decompose unemployment into several components – seasonal, cyclical and structural. We focused on Visegrad Group countries (Czech Republic, Hungary, Poland and Slovakia). Quarterly data from the Eurostat database in the period between 2000 and 2012 were applied. In order to estimate the trend of the unemployment rate´s development was used Hodrick-Prescott filter. Data show that all observed economies recorded a low unemployment rate in a pre-crisis period and they had to face worsened labour market performance during and after the crisis. Our results suggest that structural component seems to be the most important component of unemployment. However, it has decreased in these countries, except Hungary.en_US
dc.format.extent8 p.en_US
dc.format.mediumTekstas / Texten_US
dc.language.isoenen_US
dc.relation.urihttps://etalpykla.vilniustech.lt/handle/123456789/154365en_US
dc.source.urihttp://old.konferencijos.vgtu.lt/bm.vgtu.lt/public_html/index.php/bm/bm_2014/paper/view/369en_US
dc.subjectHodrick-Prescott filteren_US
dc.subjectlabour marketen_US
dc.subjectNAIRUen_US
dc.subjectoutput gapen_US
dc.subjectregional disparitesen_US
dc.subjectstructural unemploymenten_US
dc.subjectVisegrad groupen_US
dc.titleLabour market performance and decomposition of unemployment: the case of Visegrad group countriesen_US
dc.typeKonferencijos publikacija / Conference paperen_US
dcterms.accessRightsLaisvai prieinamas / Openly availableen_US
dcterms.accrualMethodRankinis pateikimas / Manual submissionen_US
dcterms.alternativeSocial and economical business environmenten_US
dcterms.issued2014-05-16
dcterms.references34en_US
dc.description.versionTaip / Yesen_US
dc.contributor.institutionSilesian University in Opavaen_US
dcterms.sourcetitle8th International Scientific Conference “Business and Management 2014”en_US
dc.identifier.eisbn9786094576492en_US
dc.identifier.eissn2029-929Xen_US
dc.publisher.nameVilnius Gediminas Technical Universityen_US
dc.publisher.nameVilniaus Gedimino technikos universitetasen_US
dc.publisher.countryLithuaniaen_US
dc.publisher.countryLietuvaen_US
dc.publisher.cityVilniusen_US
dc.description.grantnameInfluence of Regional Disparities on Business Environmenten_US
dc.description.grantnumberSGS/7/2012en_US
dc.identifier.doihttp://dx.doi.org/10.3846/bm.2014.073en_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record