About: A Growth Model with Hysteresis Effects and Unemployment in the Czech Republic

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	The hysteresis hypothesis is an alternative concept which offers an interesting view on the problem of unemployment. There are many approaches for analyzing this phenomenon from macroeconomic and microeconomic point of view. In this contribution, a new insight on the hysteresis hypothesis is presented. Hysteresis effects are incorporated within the framework of growth theory. From the theoretical point of view, hysteresis is viewed as a result of selection between different multiple equilibrium paths implicated by particular fiscal policies. Using macroeconomic data of the Czech Republic, parameters of this model are calibrated. Limitations of the model are discussed as well as further possibilities for its enrichment. Conclusions about the patterns of Czech unemployment are made. The hysteresis hypothesis is an alternative concept which offers an interesting view on the problem of unemployment. There are many approaches for analyzing this phenomenon from macroeconomic and microeconomic point of view. In this contribution, a new insight on the hysteresis hypothesis is presented. Hysteresis effects are incorporated within the framework of growth theory. From the theoretical point of view, hysteresis is viewed as a result of selection between different multiple equilibrium paths implicated by particular fiscal policies. Using macroeconomic data of the Czech Republic, parameters of this model are calibrated. Limitations of the model are discussed as well as further possibilities for its enrichment. Conclusions about the patterns of Czech unemployment are made. (en)
Title	A Growth Model with Hysteresis Effects and Unemployment in the Czech Republic A Growth Model with Hysteresis Effects and Unemployment in the Czech Republic (en)
skos:prefLabel	A Growth Model with Hysteresis Effects and Unemployment in the Czech Republic A Growth Model with Hysteresis Effects and Unemployment in the Czech Republic (en)
skos:notation	RIV/00216224:14560/07:00020465!RIV10-GA0-14560___
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(1M0524), P(GA402/05/2172)
http://linked.open...vai/riv/dodaniDat	2010
http://linked.open...aciTvurceVysledku	Moravanský, Dalibor Němec, Daniel
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	Masarykova univerzita / Ekonomicko-správní fakulta
http://linked.open...dnocenehoVysledku	407904
http://linked.open...ai/riv/idVysledku	RIV/00216224:14560/07:00020465
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	hysteresis; growth model; unemployment (en)
http://linked.open.../riv/klicoveSlovo	growth model unemployment hysteresis
http://linked.open...ontrolniKodProRIV	[CC87C3A468C9]
http://linked.open...v/mistoKonaniAkce	Ostrava
http://linked.open...i/riv/mistoVydani	Ostrava
http://linked.open...i/riv/nazevZdroje	PROCEEDINGS of the International Academic Conference on INCREASING COMPETITIVENESS, Workshop 151 Mathematical Methods in Economics
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	Research center on competitiveness of Czech economy Monetary politics and monetary stabilization: identification and application of general equilibrium models
http://linked.open...UplatneniVysledku	2007
http://linked.open...iv/tvurceVysledku	Němec, Daniel Moravanský, Dalibor
http://linked.open...vavai/riv/typAkce	WRD - Světová
http://linked.open...ain/vavai/riv/wos	000262102500032
http://linked.open.../riv/zahajeniAkce	2007-01-01 (xsd:date)
number of pages	8 (xsd:int)
http://purl.org/ne...btex#hasPublisher	Vysoká škola báňská - Technická univerzita Ostrava. Ekonomická fakulta
https://schema.org/isbn	978-80-248-1457-5
http://localhost/t...ganizacniJednotka	14560
is http://linked.open...avai/riv/vysledek of	A Growth Model with Hysteresis Effects and Unemployment in the Czech Republic A Growth Model with Hysteresis Effects and Unemployment in the Czech Republic A Growth Model with Hysteresis Effects and Unemployment in the Czech Republic

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