IDEAS home Printed from https://ideas.repec.org/a/eco/journ1/2017-04-84.html
   My bibliography  Save this article

Macroeconomic Prognosis of Employment in the Czech Republic

Author

Listed:
  • Daniel Toth

    (Department of Management, Masarykuv stav Vy ch Studi , CVUT, Kolejn 2, 160 00 Praha 6, Czech Republic)

  • Lenka Kuc rkov

    (Department of Languages, Faculty of Economics and Management, Czech University of Life Sciences Prague, Czech Republic.)

Abstract

The article is focused on employment policy in the Czech Republic, its success and development, stated goals, and whether it is possible to reach 75% employment by 2020. In the context of comparison with another country, Austria has been chosen. Total employment, women's employment, men s employment and age groups from 55 to 64 years will be compared. Employment is a comprehensive indicator, which requires economic and social definition. For prognosis processing, the ordinary least squares (OLS) method, so called OLS, was used. Multiple regression analysis generates a regression econometric equation which could be, after the substitution of variables, used as an instrument of the prognosis of employment development for medium term forecasts. The OLS econometric model requires an econometric verification, which shows the conditions under which the model works and is valid.

Suggested Citation

  • Daniel Toth & Lenka Kuc rkov, 2017. "Macroeconomic Prognosis of Employment in the Czech Republic," International Journal of Economics and Financial Issues, Econjournals, vol. 7(4), pages 730-736.
    • Handle: RePEc:eco:journ1:2017-04-84
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijefi/article/download/4449/pdf
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijefi/article/view/4449/pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Smutka, L. & Maitah, Mansoor & Zhuravleva, E. A., 2014. "The Russian Federation – Specifics of the Sugar Market," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 6(1), pages 1-14, March.
    2. Alessandra Casarico & Paola Profeta & Chiara Daniela Pronzato, 2016. "On the Regional Labour Market Determinants of Female University Enrolment in Europe," Regional Studies, Taylor & Francis Journals, vol. 50(6), pages 1036-1053, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Huber, Stefanie J. & Paule-Paludkiewicz, Hannah, 2024. "Gender norms and the gender gap in higher education," Labour Economics, Elsevier, vol. 87(C).
    2. Rami Hodrob, 2017. "The Impact of Foreign Direct Investment on Palestinian Economic Growth," International Journal of Economics and Financial Issues, Econjournals, vol. 7(4), pages 550-557.

    More about this item

    Keywords

    Employment; Prognosis; Macroeconomics Employment; Prognosis; Macroeconomics;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ1:2017-04-84. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.