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@inproceedings{14589,
   author = {Němec, Daniel},
   address = {Praha},
   booktitle = {Proceedings of the 29th International Conference on Mathematical Methods in Economics 2011},
   keywords = {search and matching model; Bayesian estimation; DSGE model; structural changes},
   howpublished = {tištěná verze "print"},
   language = {eng},
   location = {Praha},
   isbn = {978-80-7431-058-4},
   pages = {504-510},
   publisher = {Professional Publishing},
   title = {Czech labour market through the lens of a search and matching DSGE model},
   url = {http://mme2012.opf.slu.cz/proceedings/pdf/109_Nemec.pdf},
   year = {2011}
}

TY  - JOUR
ID  - 14589
AU  - Němec, Daniel
PY  - 2011
TI  - Czech labour market through the lens of a search and matching DSGE model
PB  - Professional Publishing
CY  - Praha
SN  - 9788074310584
KW  - search and matching model
KW  - Bayesian estimation
KW  - DSGE model
KW  - structural changes
UR  - http://mme2012.opf.slu.cz/proceedings/pdf/109_Nemec.pdf
N2  - This contribution reveals some important structural properties of the Czech labour market in the last fifteen years and evaluates possible changes within this period. A small search and matching model incorporated into standard macroeconomic dynamic stochastic general equilibrium model is estimated using Bayesian techniques. The results show that search and matching aspect provides satisfactory description of employment flows in the Czech economy. Model estimates provide convincing evidence that wage bargaining process is determined mainly by the power of the unions and that the institutional changes of the Czech labour market in the last fifteen years had only little real impact on the matching effectiveness.
ER  - 

NĚMEC, Daniel. Czech labour market through the lens of a search and matching DSGE model. In \textit{Proceedings of the 29th International Conference on Mathematical Methods in Economics 2011}. Praha: Professional Publishing, 2011, s.~504-510. ISBN~978-80-7431-058-4.