About: Cointegration Analysis of the Unemployment Rate Time Series - the Case of the Czech Republic, Slovakia, Poland, Austria, and Germany 1997-2009     Goto   Sponge   Distinct   Permalink

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  • The main aim of this article is to discuss and compare the unemployment rate trend in the Czech Republic with the unemployment rate trends of its neighbors - Slovakia, Poland, Austria and Germany. The analysis is based on the monthly unemployment rate data of these countries for the period of 1997-2009. This analysis wants to reveal the possible short-run and long-run dependence in the time series data. To obtain valuable results, data was tested for serial correlation and cointegration. To discuss the short-run dependence, we used the vector error correction model, as well as vector autoregression model. Under the existing cointegration in time series we performed causality test with respective impulse-response analysis. Obtained results could predict how substantially and how quickly the changes in unemployment rate of one country invoke the changes in unemployment rate of other countries.
  • The main aim of this article is to discuss and compare the unemployment rate trend in the Czech Republic with the unemployment rate trends of its neighbors - Slovakia, Poland, Austria and Germany. The analysis is based on the monthly unemployment rate data of these countries for the period of 1997-2009. This analysis wants to reveal the possible short-run and long-run dependence in the time series data. To obtain valuable results, data was tested for serial correlation and cointegration. To discuss the short-run dependence, we used the vector error correction model, as well as vector autoregression model. Under the existing cointegration in time series we performed causality test with respective impulse-response analysis. Obtained results could predict how substantially and how quickly the changes in unemployment rate of one country invoke the changes in unemployment rate of other countries. (en)
Title
  • Cointegration Analysis of the Unemployment Rate Time Series - the Case of the Czech Republic, Slovakia, Poland, Austria, and Germany 1997-2009
  • Cointegration Analysis of the Unemployment Rate Time Series - the Case of the Czech Republic, Slovakia, Poland, Austria, and Germany 1997-2009 (en)
skos:prefLabel
  • Cointegration Analysis of the Unemployment Rate Time Series - the Case of the Czech Republic, Slovakia, Poland, Austria, and Germany 1997-2009
  • Cointegration Analysis of the Unemployment Rate Time Series - the Case of the Czech Republic, Slovakia, Poland, Austria, and Germany 1997-2009 (en)
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  • RIV/47813059:19520/10:#0000456!RIV11-MSM-19520___
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  • 251140
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  • RIV/47813059:19520/10:#0000456
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  • unemployment rate, cointegration analysis, short run and long run dependence (en)
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  • [C1A2EE78EACF]
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  • České Budějovice
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  • České Budějovice
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  • Mathematical Methods in Economics 2010
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  • Mielcová, Elena
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  • Jihočeská Univerzita v Českých Budějovicích
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  • 978-80-7394-218-2
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  • 19520
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