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Analysis of the Indicator Nairu on the Sector Level

Bibliographic Data

ID6109150
AuthorsBožena Kadeřábková (0000-0001-8206-2237), Emilie Jašová (0000-0003-4197-4795)
Year2011
Volume59
Issue4
Pages508-525
Publication date2011-08-01
Open AccessYes
TypeARTICLE
VenuePolitická ekonomie (JOURNAL)
Journal identifiersISSN: 0032-3233 • E-ISSN: 2336-8225
PublisherPrague University of Economics and Business (PUBLISHER • CZ)
DOI10.18267/j.polek.802
OpenAlexW2320801736
LanguageEN
Citations received1
References cited17

The economic development points out the importance of the development study of sectors and branches of economics, because they can deepen or moderate volatility of the economic cycle. The article aims at mapping the rate of unemployment in the primary, secondary and tertiary sector in the Czech Republic. With using the HP filter we estimate NAIRU. The comparison of the actual rate of unemployment with the average value NAIRU was used for the specification of the economic cycle. We compare the rate of unemployment, NAIRU and unemployment gaps in sectors with the average value on the national level too

Business cycle · Econometrics · Economics · Hodrick–Prescott filter · Inflation (cosmology) · Inflation rate · Macroeconomics · Monetary policy · NAIRU · Phillips curve · Statistics · Unemployment · Unemployment rate · Value (mathematics) · Volatility (finance) · Economic Growth and Productivity · Mathematics · Monetary Policy and Economic Impact · Regional Economic and Spatial Analysis

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Citations per year0.09
Citation span2015 - 2015 (1)
Highly citedNo

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