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The Czech Labour Market in Transition: Evidence from a Micro Study[Note 1. Support from the Danish Social Science Research Council is ...]
Author(s) -
Gottvald J.,
Pedersen P. J.,
Simek M.
Publication year - 1999
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/1467-8586.00071
Subject(s) - czech , unemployment , economics , wage , reservation wage , labour economics , sample (material) , panel data , hazard , demographic economics , minimum wage , econometrics , macroeconomics , philosophy , linguistics , chemistry , organic chemistry , chromatography
In contrast to the other countries in eastern and central Europe, unemployment has so far increased only modestly in the Czech Republic. Results are reported from a panel survey of a sample of initially unemployed workers in the industrial centre of Ostrava, interviewed in three rounds during 1993. Results are reported regarding the wage in the former job, the reservation wage, the wage in a new job and the minimum acceptable wage in another job for those who have become employed during the panel study. Finally, results from estimating a hazard function for leaving unemployment are reported.