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Regional Unemployment Analysis: Case of the Czech Republic
Šoltés, Michal ; Matějů, Jakub (advisor) ; Šopov, Daniel (referee)
In this thesis, I examine the development of regional unemployment in the Czech Republic in the past 2 decades. The statistics show that there are differentials among the regional unemployment rates. The differentials in the Czech Republic seem to be one of the highest in Europe. More importantly, the differentials appear to be persistent as the disparity is stationary and there are cointegrating vectors among the regional unemployment rates. One of the possible explanation could be the different processes of setting long-run equilibrium in regional unemployment rates. In some regions, the behaviour of unemployment is consistent with the NAIRU hypothesis, thus the long-run equilibrium is not affected by economic shocks. On the other hand, I also find regions in which the data support unemployment Hysteresis and path dependent equilibrium of unemployment rate. Moreover, most of the time, the distribution of unemployment over the regions appears to be symmetrical around its mean i.e. there is a comparable amount of regions with higher and lower unemployment rates. Powered by TCPDF (www.tcpdf.org)
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Hysteresis of regional unemployment: the case of Greece and Spain
Bradáčová, Lucie ; Slaný, Martin (advisor) ; Tříska, Dušan (referee)
The substantial increase in the unemployment rate after the crisis in the year 2008, its persistence and slow gradual decreasing in European countries is the reason that makes us think about if the theory of hysteresis is applicable to European labour markets. The main objective of this work is to verify the hypothesis of hysteresis in labour markets at regional level in Greece and Spain. The unit root tests were used on the time series of unemployment rate between 2001-2015 for Greek regions and 2002-2016 for the Spanish regions. The result is that the theory of hysteresis in unemployment is applicable on all the regions in both countries. When the data series of employment are used, the results are different. In Greece only Crete and in Spain regions Andalusia, Balearic Islands, Canary Islands, Kastilie la Mancha, Catalonia, Valencia, Murcia and Ceuta exhibit the hysteresis in employment. There are also differences between rates of men and women in Spanish regions. When unemployment rates are considered, only three region have different results. But when employments rates are used most of women's time series can't be described as non-stationary in contrast of those of the men's.
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Regional unemployment disparities: The example of the Czech Republic
Nezbeda, Jaroslav ; Slaný, Martin (advisor) ; Brožová, Dagmar (referee)
The thesis analyzes factors, which affect regional unemployment rate in districts of the Czech Republic. It analyzes panel data of fourteen districts of the Czech Republic from years 2000-2012. It works with method of fixed effects. Next thesis covers two alternativ models, first model analyzes impact of the economic crisis between years 2000-2012 on determinants of regional unemployment rate. Second alternativ model compares factors affecting regional unemployment rate in districts of the Slovakia with factors, which have impact on regional unemployment rate in the Czech districts. Variables are devided into two groups, to economic and demographic. By regression was founded that regional unemployment rate of districts of the Czech Republic is mainly affected by economic factors, for example share of employed in the industry, level of education and regional product per capita. All of these factors have positive impact on regional unemployment rate. There is only one demographic factor which affects regional unemployment rate, it is population density, which has negative impact on regional unemployment rate. Next was founded that economic crisis influnced relationship between investment and regional unemployment rate. While before the crisis the foreign direct investment have negativ impact on regional unemployment, after the crisis foreign direct investment affects regional unemployment positively. In districts of Slovakia influence of economic and demographic factors id equal. There are for example share of employed in industry, foreign direct investment, population density and share of women on labour force.
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Narušuje trh bydlení pracovní mobilitu a zaměstnanost v České republice?
Konečný, Martin ; Stroukal, Dominik (advisor) ; Brožová, Dagmar (referee)
The main goal of the paper is to find out whether homeownership can have detrimental effect on employment in the Czech Republic. The Oswalds conjecture is tested on the set of panel data across Czech regions between the years of 2005--2012. By testing model similar to the Oswald's I receive the similar result that the rate of homeownership leads to higher rate of unemployment in following years. The second model tested in the paper does not support previous findings that regional rate of homeownership has negative effect on individual's probability of being unemployed. Possible refinements to the model are presented as inspiration for further research.
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Analysis of regional disparities in unemployment in Slovakia and their causes
Pavlík, Peter ; Dobrylovský, Jiří (advisor) ; Soukup, Jindřich (referee)
The thesis is focused on the assessment of the state of unemployment in the regions of Slovakia. The aim is through the analysis of population structure by education or nationality, their economic activity or employment by economic sectors, to identify the main causes of significant differences in the reported unemployment rates between eight state regions. The thesis also provides an overview of basic theoretical concepts related to unemployment and an overview of the prior macro-economic and political development in Slovakia.
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Analysis of the determinants of unemployment in the Czech Republic, focusing on the influence of characteristics of the region
Čechová, Gabriela ; Brožová, Dagmar (advisor) ; Svoboda, Miroslav (referee)
This thesis deals with the analysis of equilibrium and disequilibrium factors that have impact on the unemployment rates in the regions of the Czech Republic. Panel data from the 1993 to 20012 period were used in the analysis.One of the main factors of the differences in the unemployment rate between the regions is the proportion of people aged from 15 to 29 years in the population. The increase of one percentage point in this ratio causes an increase in the unemployment rate in the respective region of 2.5 %. Another important factor that was revealed in the analysis was the proportion of high school graduates among the population. With the increase of one percentage point in this factor, the unemployment rate falls by 7.3 %. The regions were divided into two groups based on their unemployment rate for the purpose of an extended model. The results suggest that the unemployment rate in the regions with higher unemployment rates is more influenced by the sectoral composition of the economy than in those with lower unemployment rates. In these regions it is the regional amenities that play the key role.
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