scholarly journals Changes in Regional Unemployment Rates in the Czech Republic during Economic Cycle

2013 ◽  
Vol 7 (4) ◽  
pp. 510-522
Author(s):  
Tomas Pavelka ◽  
Tomas Löster
Keyword(s):  
Czech Republic ◽  
Economic Cycle ◽  
The Czech Republic ◽  
Unemployment Rates ◽  
Regional Unemployment

scholarly journals IMPACT OF THE COVID-19 PANDEMIC ON YOUTH UNEMPLOYMENT IN THE EUROPEAN UNION

2020 ◽  
Vol 15 (1) ◽  
pp. 55-63
Author(s):  
Maya Lambovska ◽  
Boguslava Sardinha ◽  
Jaroslav Belas, Jr.
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Czech Republic ◽  
Young People ◽  
Unemployment Rate ◽  
Youth Unemployment ◽  
The European Union ◽  
The Czech Republic ◽  
Unemployment Rates ◽  
The Eu

Youth unemployment is a problem in each member country of the European Union (EU). The EU seeks to alleviate this problem by implementing various programs to support young people in finding and keeping a job, thus contributing to economic growth. In 2020, the world was hit by the COVID-19 pandemic. The countries have introduced many strict measures to prevent its spread, but they have caused a significant increase in unemployment, including among young people, and thus harmed economic growth. In this paper, we analyze the unemployment of people under the age of twenty-five in the EU. We also point out how unemployment rates have increased in individual countries. This problem concerns not only countries where the youth unemployment rate had been high already, such as Greece, Spain, and Italy, but also countries with previously lower rates, for example, the Czech Republic, Netherland, Poland, and Slovenia. In the latter group of countries, the youth unemployment rate has doubled in some cases due to anti-pandemic measures. We found that the most affected countries in this regard are the aforementioned Czech Republic, where the unemployment rate at the end of 2020 rose to 2.19 times above the level at the end of 2019, and Estonia, where year-over-year youth unemployment rose by a factor of 2.5. However, unfavorable developments occurred also in Lithuania, Latvia, and Ireland. According to our results, in 2020, youth unemployment increased the least in Hungary, Italy, and Belgium. In general, however, as the situation is now much more urgent, measures to alleviate this problem need to be put in place in each country to help young people find employment and, thus, stimulate economic growth.

scholarly journals Development of regional unemployment characteristics in the Czech Republic

2012 ◽  
Vol 49 (No. 12) ◽  
pp. 571-578 ◽  
Author(s):  
J. Dufek
Keyword(s):  
Czech Republic ◽  
Unemployment Rate ◽  
Development Trend ◽  
Linear Functions ◽  
The Czech Republic ◽  
Regional Unemployment ◽  
Regional Unemployment Rate ◽  
Seasonal Indices ◽  
The Development Trend ◽  
Different Levels

The paper deals with statistical analysis of the registered regional unemployment rate in regions and districts of the Czech Republic from 1998 to 2002. Regional unemployment reaches significantly different levels; moreover, within the examined period, differences were increasing: variance between the minimum and the maximum increased approx. from 12% to 20% in the respective districts. By means of cluster analysis, regions are divided into more homogenous groups according to the registered unemployment rate by 31 December 2002. The following districts may be identified as the best ones: Praha-západ (Prague-West), Praha-východ (Prague-East), Praha (Prague) and Benešov; the following as the worst ones: Most and Karviná. Concerning regions, the lowest unemployment level may be identified in Praha (Prague); on the contrary, the highest levels were reached in Ústecký region and Moravskoslezský region. Variability, skewness and peak characteristics were calculated to evaluate the development of regional unemployment distribution. The average rose from 5.63% to 9.94%, the standard deviation rose from 2.53% to 4.15%, the variation coefficient stayed around 0.4. Thus, together with the increase in unemployment level, the absolute variability rose while the relative variability stayed approx. constant. The rate distribution was left-sided and increasing; the peak was only slightly higher than the standard peak. The development trend of the characteristics was evaluated by means of linear functions and higher order polynomials; their seasonal variation is described by seasonal indices differing in the degree of their seasonality and distribution in the course of a year. A correlation matrix demonstrates the relations between the trend of the characteristics and their seasonal indices.

scholarly journals Country selection and aid allocation: A case of the Czech Republic

2021 ◽  
Vol 129 ◽  
pp. 10002
Author(s):  
Gabriela Dufková
Keyword(s):  
Czech Republic ◽  
Secondary Education ◽  
Civil Rights ◽  
Asylum Seekers ◽  
Value Added ◽  
Development Aid ◽  
Aid Allocation ◽  
The Czech Republic ◽  
Unemployment Rates ◽  
Country Selection

Research background: Donors provide development aid from various reasons: while some of them might give aid based on the recipient´s needs, some countries pursue their own agendas with their development programmes. Visegrad Group countries are mostly considered as egoistic donors that try to support security in the East European region and promote their trade. Purpose of the article: This article draws back on the existing literature that focused on the motives behind the Czech development aid and examines influence of both egoistic and altruistic variables to determine which of these variables are important for the selection of countries to the aid portfolio and the allocation of aid funds. The researched variables are: number of asylum seekers, debt to the Czech Republic, Czech exports, unemployment in the developing countries, political and civil rights, and enrolment to the secondary education. Methods: Probit-tobit analysis and a generalized linear model are employed in this paper. Findings & Value added: The results suggest that egoistic economic motives (debt and Czech exports) are important factors for both country selection and aid allocation, while the number of asylum seekers affects only the aid allocation. As per the altruistic reasons, the country selection depends on the unemployment rates, political and civil rights and the enrolment to secondary education. The aid allocation depends also on the unemployment rates, political and civil rights, and the ratio of girls enrolled to the secondary education.

scholarly journals Youth Labour Flows and Unemployment in Great Recession: Comparing Spain and the Czech Republic

2015 ◽  
Vol 15 (2) ◽  
pp. 179-195 ◽  
Author(s):  
Vladislav Flek ◽  
Martina Mysíková
Keyword(s):  
Czech Republic ◽  
Labour Market ◽  
Flow Analysis ◽  
Youth Unemployment ◽  
The Czech Republic ◽  
Unemployment Rates ◽  
Unemployment Policy ◽  
The Unemployed ◽  
Opposite Tendency ◽  
Youth Labour

Abstract Using Spain and the Czech Republic as examples of two EU countries with different labour market performance, we apply a gross flow analysis based on EU-SILC longitudinal data. We find that while in Spain the increases in youth unemployment are driven mostly by young people who lose their jobs, in the Czech Republic, this is mainly due to new labour market entrants who failed to find a job. The analysis of flow transition rates suggests that youth labour markets with enormously high unemployment rates have not failed in all relevant respects. Their development seems to be hindered predominantly by high risk of job losses and diminishing employment prospects of the unemployed, rather than by impeded transitions from inactivity to employment. In countries with lower youth unemployment rates, unemployment policy agenda appears to be challenged by quite the opposite tendency

scholarly journals Impact of Working Capital Management on Sales of Enterprises Focusing on the Manufacture of Machinery and Equipment in the Czech Republic

2014 ◽  
Vol 62 (4) ◽  
pp. 677-684
Author(s):  
Zdeněk Motlíček ◽  
Dana Martinovičová
Keyword(s):  
Czech Republic ◽  
Empirical Research ◽  
Strong Positive Correlation ◽  
Capital Management ◽  
Working Capital ◽  
Economic Cycle ◽  
Working Capital Management ◽  
The Czech Republic ◽  
Positive Correlation

A method of managing working capital significantly affects the performance of enterprises. It is be possible to assume that this influence might vary with the sector and economic cycle. The paper presents an empirical research which aims to identify individual links between working capital and company's sales. The results indicate a relatively strong positive correlation of these variables or their individual components. Findings complement the gap in the literature written by both Czech and abroad authors since the issue is not widely discussed. The research presented in this paper was carried out on medium-sized enterprises located in the Czech Republic and dealing with the manufacture of machinery and other equipment.

scholarly journals Economic cycle and economic consequences of the global SARS-CoV-2 pandemic in the Czech Republic

2021 ◽  
Vol 92 ◽  
pp. 01056
Author(s):  
Jolana Volejníková ◽  
Ondřej Kuba
Keyword(s):  
Czech Republic ◽  
Business Cycles ◽  
Business Cycle ◽  
Supply And Demand ◽  
Value Added ◽  
Economic Consequences ◽  
Human Society ◽  
Economic Cycle ◽  
Exogenous Shock ◽  
The Czech Republic

Research background: The global SARS-CoV-2 pandemic is for human society unprecedented. Coronavirus is dramatically changing people’s lives, and despite of uncertainty about the future, it is certain that its global consequences will have many dimensions. The it is undeniable that there have been significant economic impacts are unquestionable today impacts. The Czech economy, like the rest of the world, is facing an unexpected exogenous shock. This being manifests itself with varying intensity both at the level of sub-markets and on the side of aggregate supply and demand. It is literally a textbook example, explaining the outbreak of the downturn phase of the business cycle. Nevertheless, the sudden slowdown of economic activity as a result of the coronavirus pandemic, quarantine and the state of emergency, has many specificities across countries. Purpose of the article: The primary goal of this article is to analyze the economic consequences of the pandemic crisis in the reality of the Czech Republic. On this basis, it identifies the specifics of a pandemic crisis, in the context of a broader framework of economic theories of business cycles. Methods: The analytical part of the article is processed based on publicly available statistical data and economic forecasts. The derivation and argumentation of the conclusions is based on an empiric-inductive approach, methods of synthesis and comparison. Findings & Value added: The article maps the business direct and mediated economic contexts of the economic cycle caused by the coronavirus pandemic in the reality of the Czech Republic. It identifies the differences and specifics of the downward phase of the pandemic business cycle and derives their possible long-term impacts. At the theoretical level, the ambition of the article is to bring new knowledge to the contemporary economic theory of business cycles.

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