Andrea Čížků - Profile on Academia.edu (original) (raw)
Related Authors
University Of Veterinary And Animal Sciences Lahore
Uploads
Papers by Andrea Čížků
Nezaměstnanost a volná pracovní místa [Unemployment and Job Creation]
Politicka Ekonomie, 2020
Statistika: Statistics and Economy Journal, 2020
Clark's (1989) bivariate unobserved components model is applied in order to estimate and anal... more Clark's (1989) bivariate unobserved components model is applied in order to estimate and analyse the trend and cycle of GDP and the unemployment rate as well as to quantify and discuss the relationship known as Okun's law. Empirical analysis is performed for 28 European countries for a time period including the current economic crisis – the end period is 2018 Q4 for all economies and the beginning period ranges from 1983 Q1 to 2000 Q1 according to data availability. Important results indicate that in virtually all European countries: (1) the growth of the trend component of GDP decreased systematically after the crisis; (2) the output gap improved in the last five years – this finding proved to be quite robust as it was also confirmed by Hodrick Prescott estimates of the output gap for different smoothing parameter values; (3) the trend component of the unemployment rate turned out to be constant over time, indicating that possible hysteresis effects have not played an impor...
Politická ekonomie, 2020
Unemployment and Job Creation The aim of the paper is to formulate, estimate econometrically and ... more Unemployment and Job Creation The aim of the paper is to formulate, estimate econometrically and analyse an empirically oriented labour market model in which a job creation process is described as determined by aggregate output demand. The model is estimated econometrically for Spain and the United Kingdom before and after the current economic crisis. Spain represents less developed countries in southern Europe while the United Kingdom is used as a representative of advanced European economies. The goal of the subsequent model analysis is (1) to investigate the strength of the aggregate demand transmission mechanism in these two different European countries, and (2) to analyse a connection between multiplicity of equilibrium unemployment rate and the strength of the aggregate demand transmission mechanism.
Potential Output and Output Gap in a Period of Economic Crises
Politicka Ekonomie, Apr 25, 2023
Nezaměstnanost a volná pracovní místa [Unemployment and Job Creation]
Politicka Ekonomie, 2020
Statistika: Statistics and Economy Journal, 2020
Clark's (1989) bivariate unobserved components model is applied in order to estimate and anal... more Clark's (1989) bivariate unobserved components model is applied in order to estimate and analyse the trend and cycle of GDP and the unemployment rate as well as to quantify and discuss the relationship known as Okun's law. Empirical analysis is performed for 28 European countries for a time period including the current economic crisis – the end period is 2018 Q4 for all economies and the beginning period ranges from 1983 Q1 to 2000 Q1 according to data availability. Important results indicate that in virtually all European countries: (1) the growth of the trend component of GDP decreased systematically after the crisis; (2) the output gap improved in the last five years – this finding proved to be quite robust as it was also confirmed by Hodrick Prescott estimates of the output gap for different smoothing parameter values; (3) the trend component of the unemployment rate turned out to be constant over time, indicating that possible hysteresis effects have not played an impor...
Politická ekonomie, 2020
Unemployment and Job Creation The aim of the paper is to formulate, estimate econometrically and ... more Unemployment and Job Creation The aim of the paper is to formulate, estimate econometrically and analyse an empirically oriented labour market model in which a job creation process is described as determined by aggregate output demand. The model is estimated econometrically for Spain and the United Kingdom before and after the current economic crisis. Spain represents less developed countries in southern Europe while the United Kingdom is used as a representative of advanced European economies. The goal of the subsequent model analysis is (1) to investigate the strength of the aggregate demand transmission mechanism in these two different European countries, and (2) to analyse a connection between multiplicity of equilibrium unemployment rate and the strength of the aggregate demand transmission mechanism.
Potential Output and Output Gap in a Period of Economic Crises
Politicka Ekonomie, Apr 25, 2023