Model potenciálního produktu a NAIRU v ČR

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Title in English A model of potential product and NAIRU in the CR
Authors

VAŠÍČEK Osvald HŘEBÍČEK Hynek

Year of publication 2002
Type Article in Proceedings
Conference Trh práce, nezaměstnanost, sociální politika
MU Faculty or unit

Faculty of Economics and Administration

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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