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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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