Full-text resources of CEJSH and other databases are now available in the new Library of Science.
Visit https://bibliotekanauki.pl

Refine search results

Journals help

  1. 1 Ekonomický časopis (Journal of Economics)

Authors help

  1. 1 Pošta V.

Years help

  1. 1 2018

Results found: 1

first rewind previous Page / 1 next fast forward last

Search results

Search:
in the keywords:  MULTIVARIATE GARCH
help Sort By:

help Limit search:
first rewind previous Page / 1 next fast forward last
1

INTERLINKAGES OF THE CZECH REGIONAL LABOUR MARKETS

100%
Pošta V.
Ekonomický časopis (Journal of Economics)
|
2018
|
vol. 66
|
issue 4
350 – 366
EN
The key issue of the structural policy are the specifics of the respective regions which comprise the whole economy. This paper focuses on the possible interlinkages of the regional labour markets of the Czech economy. The analysis rests on the key variables of the search model, which are probability of finding a job, separation rate and labour market tightness. The possible interlinkages are detected via multivariate GARCH models between the particular regional labour market and the whole economy. The results show that by no means can it be expected that there are any stable links between the markets. The interlinkages are many times absent at all. Also significant asymmetry with respect to the variable in question arises. The results point to significant structural specificities of the respective regional labour market.
first rewind previous Page / 1 next fast forward last
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.