Acta academica karviniensia 2011, 11(4):136-144 | DOI: 10.25142/aak.2011.078

REAL WAGES AND UNEMPLOYMENT RATE RELATION - THE CASE OF THE CZECH REPUBLIC 1998-2010

Elena Mielcová
Ing. Elena Mielcová, Ph.D., Katedra matematických metod v ekonomii, Obchodně podnikatelská fakulta v Karviné, Slezská univerzita v Opavě, Univerzitní nám. 1934/3, 733 40 Karviná, mielcova@opf.slu.cz

The main aim of this article is to reveal the short and long run relation between real wages and unemployment rates on data from the Czech Republic 1998-2010. Results support the existence of negative long-run relationship between the two variables.

Keywords: Unemployment rate, real wages, short run and long run dependence
JEL classification: E24

Published: December 30, 2011  Show citation

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Mielcová E. REAL WAGES AND UNEMPLOYMENT RATE RELATION - THE CASE OF THE CZECH REPUBLIC 1998-2010. Acta academica karviniensia. 2011;11(4):136-144. doi: 10.25142/aak.2011.078.
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