| JAŠOVÁ, Emilie and Božena KADEŘÁBKOVÁ. The effectiveness of government measures in the first wave of Covid-19 pandemic. International Journal of Economic Sciences. Praha: EUROPEAN RESEARCH CENTER (EURREC), 2022, vol. 11, No 1, p. 19-36. ISSN 1804-9796. Available from: https://dx.doi.org/10.52950/ES.2022.11.1.002. |
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@article{50886,
author = {Jašová, Emilie and Kadeřábková, Božena},
article_location = {Praha},
article_number = {1},
doi = {http://dx.doi.org/10.52950/ES.2022.11.1.002},
keywords = {Phillips curve; NAIRU; NARRU; economic cycle},
language = {eng},
issn = {1804-9796},
journal = {International Journal of Economic Sciences},
title = {The effectiveness of government measures in the first wave of Covid-19 pandemic},
url = {https://www.eurrec.org/ijoes-current-issue.html},
volume = {11},
year = {2022}
}
TY - JOUR
ID - 50886
AU - Jašová, Emilie - Kadeřábková, Božena
PY - 2022
TI - The effectiveness of government measures in the first wave of Covid-19 pandemic
JF - International Journal of Economic Sciences
VL - 11
IS - 1
SP - 19-36
EP - 19-36
PB - EUROPEAN RESEARCH CENTER (EURREC)
SN - 1804-9796
KW - Phillips curve
KW - NAIRU
KW - NARRU
KW - economic cycle
UR - https://www.eurrec.org/ijoes-current-issue.html
N2 - The aim of the article is to use empirical analysis to confirm the applicability of NAIRU and NARRU concepts to evaluate the adequacy of measures against Covid 19. While higher NAIRU than NARRU throughout the coronavirus pandemic period confirmed the achievement of an epidemic-economic balance in the labor market at the cost of spreading the epidemic, a lower positive unemployment gap in the NAIRU concept indicated a milder recession than the epidemic in society would require. The Czech government should have either introduced a stricter lockdown or should have provided enough respirators, tests, and vaccines. The application of the NAIRU concept also confirms its suitability for use in economic and political practice in an unstable period.
ER -
JAŠOVÁ, Emilie and Božena KADEŘÁBKOVÁ. The effectiveness of government measures in the first wave of Covid-19 pandemic. \textit{International Journal of Economic Sciences}. Praha: EUROPEAN RESEARCH CENTER (EURREC), 2022, vol.~11, No~1, p.~19-36. ISSN~1804-9796. Available from: https://dx.doi.org/10.52950/ES.2022.11.1.002.
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