Publication details
Model potenciálního produktu a NAIRU v ČR
| Title in English | A model of potential product and NAIRU in the CR |
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| Authors | |
| Year of publication | 2002 |
| Type | Article in Proceedings |
| Conference | Trh práce, nezaměstnanost, sociální politika |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | Potenciální produkt; míra nezaměstnanosti neakcelerující inflaci NAIRU |
| Description | The paper is aimed to quantitative analysis of non-accelerating inflation rate of unemployment NAIRU. It describes a small macroeconomic model of the Czech Republic, which is used to estimate the course of these directly unmeasurable quantities. The course of the parameters was estimated simultaneously. Potential product can be understood as an indicator of the course of the real economy or as the position of economy during a business cycle and NAIRU as an indicator of pressures within economy. |
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