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Churn on the labor market in the Czech Republic

Author

Listed:
  • Bo?ena Kade?ábková

    (University of Economics in Prague)

  • Emílie Ja?ová

    (Institute for Forcast)

Abstract

The aim of this article is to present the differences between the different flows on the labor market in the Czech Republic. The problem is significant economically, socially and politically. The empirical part of the study focuses on the quantification of so-called churn. The specific features of the Czech Republic's churn include the fact that the overall churn has an anti-cyclical character in the Czech Republic, and that in the period of growth of the total churn, the share of wages and salaries in total in GDP at current prices has increased, which is both contrary to the conclusions of world research. The revival of the economy is accompanied by an increase in total churn, but it does not lead to an increase in wages and salaries resulting from company-to-business movements, as would be the case with economic theory.

Suggested Citation

  • Bo?ena Kade?ábková & Emílie Ja?ová, 2019. "Churn on the labor market in the Czech Republic," Proceedings of Economics and Finance Conferences 9510783, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iefpro:9510783
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    File URL: https://iises.net/proceedings/12th-economics-finance-conference-dubrovnik/table-of-content/detail?cid=95&iid=010&rid=10783
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    References listed on IDEAS

    as
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    4. Kim B. Clark & Lawrence H. Summers, 1979. "Labor Market Dynamics and Unemployemnt: A Reconsideration," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 10(1), pages 13-72.
    5. Robert E. Hall, 2006. "Job Loss, Job Finding and Unemployment in the US Economy over the Past Fifty Years," NBER Chapters, in: NBER Macroeconomics Annual 2005, Volume 20, pages 101-166, National Bureau of Economic Research, Inc.
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    7. Mortensen, Dale & Pissarides, Christopher, 2011. "Job Creation and Job Destruction in the Theory of Unemployment," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 1-19.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    churn; labour market; wage;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications

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