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Statements

Subject Item
n2:RIV%2F00216224%3A14560%2F06%3A00025021%21RIV10-GA0-14560___
rdf:type
n10:Vysledek skos:Concept
dcterms:description
This paper presents a wage bargaining model and its relation to hysteresis hypothesis in unemployment. Hysteresis in unemployment is used do denote a situation, in which the equlibrium rate is determined by the path of the actual unemployment rate. Seeming lack of micro economical foundations may be the reason why this theoretical concept is rather neglected. Very popular explanation of hypothesis effects is made through insider-outsider model. But this model may be taken as a very special case of wage bargaining. For a better plausibility of hysteresis hypothesis, one may examine whether a more general wage setting model does not offer a possibility of hysteresis effects as well. We will be able to decide whether hysteresis is the rule rather than exception. Using the macroeconomic data of the Czech Republic, parametres of this model will be estimated. Conclusions about the patterns of Czech unemployment will be made. This paper presents a wage bargaining model and its relation to hysteresis hypothesis in unemployment. Hysteresis in unemployment is used do denote a situation, in which the equlibrium rate is determined by the path of the actual unemployment rate. Seeming lack of micro economical foundations may be the reason why this theoretical concept is rather neglected. Very popular explanation of hypothesis effects is made through insider-outsider model. But this model may be taken as a very special case of wage bargaining. For a better plausibility of hysteresis hypothesis, one may examine whether a more general wage setting model does not offer a possibility of hysteresis effects as well. We will be able to decide whether hysteresis is the rule rather than exception. Using the macroeconomic data of the Czech Republic, parametres of this model will be estimated. Conclusions about the patterns of Czech unemployment will be made.
dcterms:title
Wage Bargaining Model As Microfoundation Of Hysteresis Hypothesis Wage Bargaining Model As Microfoundation Of Hysteresis Hypothesis
skos:prefLabel
Wage Bargaining Model As Microfoundation Of Hysteresis Hypothesis Wage Bargaining Model As Microfoundation Of Hysteresis Hypothesis
skos:notation
RIV/00216224:14560/06:00025021!RIV10-GA0-14560___
n4:aktivita
n15:P
n4:aktivity
P(GA402/05/2172)
n4:cisloPeriodika
13
n4:dodaniDat
n11:2010
n4:domaciTvurceVysledku
n14:1306251 n14:3573648
n4:druhVysledku
n16:J
n4:duvernostUdaju
n7:S
n4:entitaPredkladatele
n9:predkladatel
n4:idSjednocenehoVysledku
508810
n4:idVysledku
RIV/00216224:14560/06:00025021
n4:jazykVysledku
n18:eng
n4:klicovaSlova
hysteresis; unemployment; wage bargaining model
n4:klicoveSlovo
n8:wage%20bargaining%20model n8:unemployment n8:hysteresis
n4:kodStatuVydavatele
CZ - Česká republika
n4:kontrolniKodProRIV
[452F31AA6F5B]
n4:nazevZdroje
Bulletin of the Czech Econometric Society
n4:obor
n13:AH
n4:pocetDomacichTvurcuVysledku
2
n4:pocetTvurcuVysledku
2
n4:projekt
n6:GA402%2F05%2F2172
n4:rokUplatneniVysledku
n11:2006
n4:svazekPeriodika
23
n4:tvurceVysledku
Moravanský, Dalibor Němec, Daniel
s:issn
1212-074X
s:numberOfPages
15
n17:organizacniJednotka
14560