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TIME-VARYING RIGIDITY OF THE CZECH REGIONAL LABOUR MARKETS

100%
Pošta V.
Ekonomický časopis (Journal of Economics)
|
2020
|
vol. 68
|
issue 3
252 – 268
EN
While the empirical economic research has long focused on capturing the rigidities of the labour markets on the level of the whole economy, the structural policy might benefit much more from a regional perspective. This paper follows exactly this path, focusing on the regional differences in labour market rigidities. The concept of the labour market rigidity is captured by the sensitivity of probability of finding a job on the labour market tightness, a key relationship behind the search model of the labour market referred to as matching function. The relationship is estimated as time-varying using the Kalman filter procedure. Indeed the results go to prove that the situation among the regional labour markets in the Czech economy varies with respect to space as well as time.
2

ČESKÁ EKONOMIKA A VÝZVA LISABONSKÉ STRATEGIE

100%
Sojka M.
Ekonomický časopis (Journal of Economics)
|
2007
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vol. 55
|
issue 3
215-231
EN
After joining the European Union the Czech Republic should respond positively to the challenges of the Lisbon Strategy, and start to build prerequisites for a knowledge-based economy. It should actively participate in building the new knowledge society in Europe as envisaged by the Lisbon European Council in 2000 in the Lisbon Strategy. The paper brings about the arguments that the Czech Republic should deliberately undergo the second transformation leading to the knowledge-based economy. To underpin the arguments selected structural data describing characteristics of education, science and research and development in Finland and the Czech Republic are used. In conclusions needed reforms and the policy changes are briefly discussed.
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