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1

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

REGIONÁLNA ANALÝZA PRIEMYSLU SLOVENSKA PODĽA VYBRANÝCH UKAZOVATEĽOV

100%
Vojtková M., Kvetan V.
Ekonomický časopis (Journal of Economics)
|
2009
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vol. 57
|
issue 9
870-890
EN
Despite the development of the service sector, industry sector for the Slovak economy continues to be a key. It employs the highest proportion of workers, forms a substantial part of GDP and its products constitute the largest share of exports. It is highly probable that the development of industrial production highly contributes to the growth of regional disparities. The main aim of this article was to statistically assess the development of industry in the various districts of the Slovak Republic in the two periods 2003 and 2007. Significant contribution is the comparison of the regional situation in the industry with respect to multiple criteria using the one dimensional analysis as well as comparisons using multidimensional analysis. Both analysis are complementary and thus allow us to provide comprehensive insight into the industry in districts other than the standard found elsewhere.
3

INTERLINKAGES OF THE CZECH REGIONAL LABOUR MARKETS

86%
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.
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