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Description
  • This contribution examines the impacts of introducing search and matching frictions in an open economy DSGE framework of the Czech economy. Model estimates should help to understand the driving forces behind important labour market variables: the wage bargaining power of unions, the match elasticity of unemployed, the efficiency of the matching process, separation rate and the flexibility of wages. Search and matching aspect provides satisfactory description of employment flows in the Czech economy. Moreover, the model of the open economy fits the business cycle features of the main economic variables better than the closed model.
  • This contribution examines the impacts of introducing search and matching frictions in an open economy DSGE framework of the Czech economy. Model estimates should help to understand the driving forces behind important labour market variables: the wage bargaining power of unions, the match elasticity of unemployed, the efficiency of the matching process, separation rate and the flexibility of wages. Search and matching aspect provides satisfactory description of employment flows in the Czech economy. Moreover, the model of the open economy fits the business cycle features of the main economic variables better than the closed model. (en)
Title
  • Labour market frictions in a small open economy model of the Czech Republic
  • Labour market frictions in a small open economy model of the Czech Republic (en)
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  • Labour market frictions in a small open economy model of the Czech Republic
  • Labour market frictions in a small open economy model of the Czech Republic (en)
skos:notation
  • RIV/00216224:14560/12:00060920!RIV13-MSM-14560___
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • S
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 146321
http://linked.open...ai/riv/idVysledku
  • RIV/00216224:14560/12:00060920
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • search and matching model; Bayesian estimation; DSGE model; small open economy (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...ontrolniKodProRIV
  • [00FAEFF1D5C9]
http://linked.open...v/mistoKonaniAkce
  • Karviná
http://linked.open...i/riv/mistoVydani
  • Karviná
http://linked.open...i/riv/nazevZdroje
  • Proceedings of the 30th International Conference Mathematical Methods in Economics 2012
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...UplatneniVysledku
http://linked.open...iv/tvurceVysledku
  • Němec, Daniel
http://linked.open...vavai/riv/typAkce
http://linked.open...ain/vavai/riv/wos
  • 000316715900109
http://linked.open.../riv/zahajeniAkce
number of pages
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  • Slezská univerzita v Opavě. Obchodně podnikatelská fakulta v Karviné
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  • 9788072487790
http://localhost/t...ganizacniJednotka
  • 14560
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