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Analysis of the development and prediction of the rate of unemployment in selected countries with market and transitive economy
[Analýza vývoje a predikce míry nezaměstnanosti ve vybraných zemích s tržní a tranzitivní ekonomikou]

Author

Listed:
  • Erich Maca

    (Kotlářská 44, 60 200 Brno, Česká republika)

  • Milan Palát

    (Ústav statistiky a operačního výzkumu, Mendelova zemědělská a lesnická univerzita v Brně, Zemědělská 5, 613 00 Brno, Česká republika)

Abstract

The paper is aimed at the presentation of findings achieved in the study of the dynamics and trends of the rate of unemployment in selected countries with market and transitive economy in the reference period 1995-2001. In addition to the description of developmental trends of analysed time series by means of trend functions of linear, quadratic, exponential, logarithmic, power and inverse types their informative ability was verified as a starting base for the realization of point prediction of investigated events for 2005. With given 95% probability, minimum and maximum values are determined of the evaluated macroeconomic indicator for a defined time horizon.

Suggested Citation

  • Erich Maca & Milan Palát, 2004. "Analysis of the development and prediction of the rate of unemployment in selected countries with market and transitive economy [Analýza vývoje a predikce míry nezaměstnanosti ve vybraných zemích s," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 52(6), pages 105-118.
  • Handle: RePEc:mup:actaun:actaun_2004052060105
    DOI: 10.11118/actaun200452060105
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