About: The Business Cycle and Unemployment: Empirical Evidence from the Visegrad Group Countries

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	The paper deals with a relationship between the economic cycle and unemployment in the Visegrad group countries. The paper examines the causes of the economic crisis and its consequences on the labor market. Quarterly Eurostat and OECD data were used for the analysis of labor market performance. We also used the Beveridge curve which implicitly depicts a negative relationship between the rate of unfilled job vacancies and the unemployment rate and so it can properly link related creation of new job vacancies and the unemployed. Another finding is that shifts of individual Beveridge curves correspond to shifts of the theoretical Beveridge curve. In the last part of the paper, the Johansen test and the Error Correction Model were applied on 2000-2010 data to examine cointegration between the number of the unemployed labor force and output. On the basis of the unit root test, we found that in all countries, both variables are stationary except for their first differences. The paper deals with a relationship between the economic cycle and unemployment in the Visegrad group countries. The paper examines the causes of the economic crisis and its consequences on the labor market. Quarterly Eurostat and OECD data were used for the analysis of labor market performance. We also used the Beveridge curve which implicitly depicts a negative relationship between the rate of unfilled job vacancies and the unemployment rate and so it can properly link related creation of new job vacancies and the unemployed. Another finding is that shifts of individual Beveridge curves correspond to shifts of the theoretical Beveridge curve. In the last part of the paper, the Johansen test and the Error Correction Model were applied on 2000-2010 data to examine cointegration between the number of the unemployed labor force and output. On the basis of the unit root test, we found that in all countries, both variables are stationary except for their first differences. (en)
Title	The Business Cycle and Unemployment: Empirical Evidence from the Visegrad Group Countries The Business Cycle and Unemployment: Empirical Evidence from the Visegrad Group Countries (en)
skos:prefLabel	The Business Cycle and Unemployment: Empirical Evidence from the Visegrad Group Countries The Business Cycle and Unemployment: Empirical Evidence from the Visegrad Group Countries (en)
skos:notation	RIV/47813059:19520/11:#0001426!RIV12-GA0-19520___
http://linked.open...avai/predkladatel	Obchodně podnikatelská fakulta v Karviné
http://linked.open...avai/riv/aktivita	P
http://linked.open...avai/riv/aktivity	P(GP402/09/P142)
http://linked.open...iv/cisloPeriodika	3
http://linked.open...vai/riv/dodaniDat	2012
http://linked.open...aciTvurceVysledku	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	188931
http://linked.open...ai/riv/idVysledku	RIV/47813059:19520/11:#0001426
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	Labor market, Unemployment, Economic crisis, Visegrad Group, Cointegration, Error correction model (en)
http://linked.open.../riv/klicoveSlovo	Visegrad Group Cointegration Economic crisis Error correction model Labor market Unemployment
http://linked.open...odStatuVydavatele	US - Spojené státy americké
http://linked.open...ontrolniKodProRIV	[CA42809CD9F0]
http://linked.open...i/riv/nazevZdroje	International Journal of Mathematical Models and Methods in Applied Sciences
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...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	2011
http://linked.open...v/svazekPeriodika	5
http://linked.open...iv/tvurceVysledku	Tvrdoň, Michal
issn	1998-0140
number of pages	9 (xsd:int)
http://localhost/t...ganizacniJednotka	19520
is http://linked.open...avai/riv/vysledek of	The Business Cycle and Unemployment: Empirical Evidence from the Visegrad Group Countries The Business Cycle and Unemployment: Empirical Evidence from the Visegrad Group Countries

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