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Особенности взаимосвязи рынка труда и инфляционных процессов в экономике Казахстана в период 2001-2021 гг.: теория и практика реализации // Specifics of Relationship between the Labor Market and Inflationary Processes in the Kazakh Economy in 2001-2021: Theory and Implementation

Author

Listed:
  • Татибеков Б. // Tatibekov B.

    (SDU University)

  • Абдразакова А. // Abdrazakova А.

    (SDU University)

Abstract

В статье раскрываются теоретические основы взаимосвязи рынка труда и инфляционных процессов, в частности, так называемые теории “Demand-Pull inflation” и “Cost Push inflation”, приводится теория монетарной политики в этом контексте. В целях проведения прикладного количественного анализа раскрываются методологические основы концептуализации и идентификации таких экономических категорий как безработица, реальная заработная плата, инфляция. На основе данных за 2001-2021 гг. приводится корреляционно-регрессионный анализ взаимосвязи и взаимозависимости функционирования рынка труда и произошедших инфляционных изменений. Новизной работы является сравнительный анализ функционирования официального рынка труда и рынка труда, отображаемого по методологии Международной организации труда. В результате проведенных расчетов и анализа делается заключение, что одним из основных инструментов влияния на снижение безработицы в течение более 20 лет в Казахстане являлась выверенная государственная политика, нежели рыночные механизмы, отмеченные в неоклассической экономической теории. Авторы доказывают, что основным методологическим подходом подтверждения вышеобозначенных неоклассических теоретических закономерностей должен быть не статический (ежегодный), а динамический анализ изменения безработицы и инфляции по отношению к базовому 2001 году. // The paper describes the theoretical fundamentals of the relationship between the labor market and inflationary processes, in particular, the so-called theories of “Demand-Pull inflation” and “Cost Push inflation”, and provides a theory of monetary policy in this context. In order to conduct an applied quantitative analysis, the methodological foundations of conceptualization and identification of such economic categories as unemployment, real wages, and inflation are provided in detail. Based on data for 2001-2021, a correlation and regression analysis of the relationship and interdependence of the functioning of the labor market and the inflationary changes that have occurred is described. The novelty of the work is the comparative analysis of how the official labor market and the labor market as shown under the International Labor Organization methodology. As a result of the calculations and analysis, the conclusion is made that one of the main instruments, which cause reduction of unemployment for more than 20 years in Kazakhstan was a coordinated government policy, rather than market mechanisms noted in neoclassical economic theory. The authors argue that the main methodological approach to confirming the abovementioned neoclassical theoretical regularities should not be a static (annual) but a dynamic analysis of changes in unemployment and inflation in relation to the base year of 2001.

Suggested Citation

  • Татибеков Б. // Tatibekov B. & Абдразакова А. // Abdrazakova А., 2024. "Особенности взаимосвязи рынка труда и инфляционных процессов в экономике Казахстана в период 2001-2021 гг.: теория и практика реализации // Specifics of Relationship between the Labor Market and Infla," Economic Review(National Bank of Kazakhstan), National Bank of Kazakhstan, issue 2 Special, pages 60-61.
    • Handle: RePEc:aob:journl:y:2024:i:2special:p:60-61
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    More about this item

    Keywords

    безработица; инфляция; demand-pull inflation; cost push inflation; unemployment; inflation;
    All these keywords.

    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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