About: Estimating the Regional Natural Rate of Unemployment: the Evidence from Slovakia

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	The paper deals with development of the regional unemployment rate in Slovakia. The unemployment rate differed significantly among the Slovak NUTS 3 regions during the period between 2005 and 2012. According to previous studies high unemployment is caused by drop in economic performance or by some structural problems in the region. During economic growth the unemployment rate was decreasing and during economic downturn it was increasing. We used monthly seasonally adjusted data during the observed period between the years 2005 and 2012. In total, we had 96 observations. We also applied the Hodrick- Prescott filter for estimating the natural rate of unemployment. This method is often used for estimating the potential output and is possible to use in the case of unemployment. Our empirical results show that in most regions the real unemployment rate was lower than the natural rate of unemployment during the pre-crisis period. In other words, it means that the Slovak labour market was i n positive unemployment gap. However, this gap was not the same in all regions. The paper deals with development of the regional unemployment rate in Slovakia. The unemployment rate differed significantly among the Slovak NUTS 3 regions during the period between 2005 and 2012. According to previous studies high unemployment is caused by drop in economic performance or by some structural problems in the region. During economic growth the unemployment rate was decreasing and during economic downturn it was increasing. We used monthly seasonally adjusted data during the observed period between the years 2005 and 2012. In total, we had 96 observations. We also applied the Hodrick- Prescott filter for estimating the natural rate of unemployment. This method is often used for estimating the potential output and is possible to use in the case of unemployment. Our empirical results show that in most regions the real unemployment rate was lower than the natural rate of unemployment during the pre-crisis period. In other words, it means that the Slovak labour market was i n positive unemployment gap. However, this gap was not the same in all regions. (en)
Title	Estimating the Regional Natural Rate of Unemployment: the Evidence from Slovakia Estimating the Regional Natural Rate of Unemployment: the Evidence from Slovakia (en)
skos:prefLabel	Estimating the Regional Natural Rate of Unemployment: the Evidence from Slovakia Estimating the Regional Natural Rate of Unemployment: the Evidence from Slovakia (en)
skos:notation	RIV/47813059:19520/13:#0002283!RIV14-MSM-19520___
http://linked.open...avai/riv/aktivita	S
http://linked.open...avai/riv/aktivity	S
http://linked.open...vai/riv/dodaniDat	2014
http://linked.open...aciTvurceVysledku	Tvrdoň, Michal
http://linked.open.../riv/druhVysledku	D - Článek ve sborníku
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	73252
http://linked.open...ai/riv/idVysledku	RIV/47813059:19520/13:#0002283
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Hodrick-Prescott filter; natural rate of unemployment; NUTS 3; regional disparities; Slovakia (en)
http://linked.open.../riv/klicoveSlovo	regional disparities Slovakia natural rate of unemployment NUTS 3 Hodrick-Prescott filter
http://linked.open...ontrolniKodProRIV	[801C31900421]
http://linked.open...v/mistoKonaniAkce	Chania
http://linked.open...i/riv/mistoVydani	Chania
http://linked.open...i/riv/nazevZdroje	Recent Researches in Applied Economics and Management - Volume I
http://linked.open...in/vavai/riv/obor	AH
http://linked.open...ichTvurcuVysledku	1 (xsd:int)
http://linked.open...cetTvurcuVysledku	1 (xsd:int)
http://linked.open...UplatneniVysledku	2013
http://linked.open...iv/tvurceVysledku	TVRDOŇ, Michal
http://linked.open...vavai/riv/typAkce	EUR - Evropská
http://linked.open.../riv/zahajeniAkce	2013-08-27 (xsd:date)
number of pages	6 (xsd:int)
http://purl.org/ne...btex#hasPublisher	WSEAS Press
https://schema.org/isbn	978-960-474-323-0
http://localhost/t...ganizacniJednotka	19520

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