About: Estimating Potential Output and the Natural Rate of Unemployment: the Case of the European Union

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	This paper studies the selected European Union Member States (Czech Republic, Hungary, Poland and Slovak Republic), during and after the economic crisis. Consequences on the labour market, respectively on unemployment are also discussed in the paper. During the crisis, real gross domestic product decreased in almost all EU countries. Massive drop of gross domestic product led to increase in the unemployment rate. The purpose of this paper is to contribute to discussion about consequences of this crisis. The paper provides also an analysis of gross domestic product and its components. The empirical analysis also tried to answer the question if it is more a return to steady–state than the deterioration of economic performance in the case of selected European countries. In other words, it means that economic performance was above the level of potential output. We applied the Hodrick-Prescott filter for estimation potential output and the natural rate of unemployment. This paper studies the selected European Union Member States (Czech Republic, Hungary, Poland and Slovak Republic), during and after the economic crisis. Consequences on the labour market, respectively on unemployment are also discussed in the paper. During the crisis, real gross domestic product decreased in almost all EU countries. Massive drop of gross domestic product led to increase in the unemployment rate. The purpose of this paper is to contribute to discussion about consequences of this crisis. The paper provides also an analysis of gross domestic product and its components. The empirical analysis also tried to answer the question if it is more a return to steady–state than the deterioration of economic performance in the case of selected European countries. In other words, it means that economic performance was above the level of potential output. We applied the Hodrick-Prescott filter for estimation potential output and the natural rate of unemployment. (en)
Title	Estimating Potential Output and the Natural Rate of Unemployment: the Case of the European Union Estimating Potential Output and the Natural Rate of Unemployment: the Case of the European Union (en)
skos:prefLabel	Estimating Potential Output and the Natural Rate of Unemployment: the Case of the European Union Estimating Potential Output and the Natural Rate of Unemployment: the Case of the European Union (en)
skos:notation	RIV/47813059:19520/12:#0002156!RIV13-GA0-19520___
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(GP402/09/P142)
http://linked.open...iv/cisloPeriodika	MAY 2012
http://linked.open...vai/riv/dodaniDat	2013
http://linked.open...aciTvurceVysledku	Tuleja, Pavel Tvrdoň, Michal
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Slezská univerzita v Opavě / Obchodně podnikatelská fakulta v Karviné
http://linked.open...dnocenehoVysledku	134766
http://linked.open...ai/riv/idVysledku	RIV/47813059:19520/12:#0002156
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	economic crisis, gross domestic product, potential output, unemployment rate, natural rate of unemployment (en)
http://linked.open.../riv/klicoveSlovo	economic crisis gross domestic product unemployment rate natural rate of unemployment potential output
http://linked.open...odStatuVydavatele	LT - Litevská republika
http://linked.open...ontrolniKodProRIV	[9822FDBD9D39]
http://linked.open...i/riv/nazevZdroje	The 7th International Scientific Conference %22Business and Management 2012%22
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	2 (xsd:int)
http://linked.open...cetTvurcuVysledku	2 (xsd:int)
http://linked.open...vavai/riv/projekt	Institutional labour market framework in the context of economic convergence and adopting single currency (application on Visegrád group)
http://linked.open...UplatneniVysledku	2012
http://linked.open...iv/tvurceVysledku	Tuleja, Pavel Tvrdoň, Michal
issn	2029-4441
number of pages	8 (xsd:int)
http://localhost/t...ganizacniJednotka	19520

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