Acta Univ. Bohem. Merid. 2012, 15(1):91-101 | DOI: 10.32725/acta.2012.008579

Vztah nezaměstnanosti a mezd na regionální úrovni v České republice v období 2003-2010 1

Michal Šulc, Jana Borůvková, Roman Fiala
The College of Polytechnics Jihlava

Předmětem článku je vztah mezi nezaměstnaností a mzdami na regionální úrovni v České republice v období 2003-2010. Cílem autorů bylo ověřit možnosti konstrukce a platnost regionálních mzdových a Phillipsových křivek v krajích a na národní úrovni. Z analýzy, provedené pomocí lineárních regresních modelů na bázi čtvrtletních dat, vyplývá, že mzdová křivka platila v období 2003-2008 pro celou Českou republiku i jednotlivé kraje. Pro období 2009-2010 není možné mzdovou křivku pro Českou republiku ani pro kraje konstruovat, neboť při velkém zvýšení nezaměstnanosti mzdy neklesaly, ale zůstaly konstantní, což potvrzuje tezi o krátkodobé strnulosti mezd směrem dolů. V období 2003-2008, na rozdíl od období 2009-2010, lze rovněž hovořit o platnosti původní Phillipsovy křivky na národní úrovni, neboť pokles míry nezaměstnanosti vedl ke zvyšování tempa růstu mezd. U jednotlivých krajů až na výjimky tento vztah neplatil, což potvrzuje teoretické poznatky o nemožnosti konstrukce Phillipsovy křivky na nižší než národní úrovni.

Keywords: Phillipsova křivka, Mzdová křivka, Regiony, Mzdová inflace

Relationship between Unemployment and Wages at the Regional Level in the Czech Republic in the Period 2003-2010

The subject of the article is the relationship between unemployment and wages at the regional level in the Czech Republic in the period 2003-2010. The aim of the authors was to verify the construction possibility and validity of regional wage and Phillips curves both in the regions and at the national level. The analysis was done by means of linear regression models on the quarter data basis. The results for the period 2003-2008 show the wage curve validity both at the regional and national level. It is impossible to construct the wage curve in the period 2009-2010, for despite the big unemployment rise the wages remained steady during this time. This fact supports the idea of short time downwards rigidity of wages. In 2003-2008, contrary to 2009-2010, it is possible to say the Phillips curve was valid at the national level, for the unemployment rate decrease leaded to the increase of the wage growth rate. In particular regions with a few exceptions this relationship was not valid, which supports theoretical findings about the impossibility of the Phillips curve construction at lower than the national level.

Keywords: Phillips Curve, Wage Curve, Regions, Wage Inflation, Unemployment
JEL classification: E24, E31

Published: October 8, 2012  Show citation

ACS AIP APA ASA Harvard Chicago Chicago Notes IEEE ISO690 MLA NLM Turabian Vancouver
Šulc, M., Borůvková, J., & Fiala, R. (2012). Relationship between Unemployment and Wages at the Regional Level in the Czech Republic in the Period 2003-2010. Acta Universitatis Bohemiae Meridionalis, 15(1), 91-101. doi: 10.32725/acta.2012.008
Share...
Download citation
  • BibTeX (.bib)
  • Bookends (.ris)
  • EasyBib (.ris)
  • EndNote (.enw)
  • EndNote 8 (.xml)
  • ISI WoS (.isi)
  • Medlars (.medlars)
  • Mendeley (.ris)
  • MODS (.xml)
  • Papers (.ris)
  • RefWorks (.txt)
  • RefManager (.ris)
  • RIS (.ris)
  • MS Word (.xml)
  • Zotero (.ris)
    • Open full article

    References

    1. Babetskii, I. a K. Galuščák, 2005. Pružnost mezd. In: Prezentace na semináři MF "Aktuální otázky makroekonomického vývoje v ČR - zkušenosti po vstupu do EU", Smilovice, 6. 12. 2005. [cit. 2011-07-27]. Retrived from: http://www.mfcr.cz/cps/rde/xbcr/mfcr/Smilovice_p8_P05_ptp.ppt.
    2. Bewley, T. F., 1998. Why not cut pay? European Economic Review, vol. 42, 459-490. ISSN 0014-2921. Go to original source...
    3. Blanchflower, D. G. a A. G. Oswald, 1989. The Wage Curve. NBER Working Paper, No. 3181. ISSN 0898-2937. Go to original source...
    4. Černohorská, L. a J. Černohorský, 2007. Současné přístupy k predikci míry inflace pomocí Phillipsovy křivky. Scientific Papers of the University of Pardubice, Series D, Faculty of Economics and Administration, 11(11), 17-29. ISSN1211-555X.
    5. Dow, S. C. a A. Montagnoli, 2007. The Regional Transmission of UK Monetary Policy. Regional Studies, 41(6), 797-808. ISSN 0034-3404. Go to original source...
    6. Elhorst, J. P., 2000. The Mystery of Regional Unemployment Differentials: A Survey of Theoretical and Empirical Explanations. Research Report 00C06, University of Groningen, Research Institute SOM (Systems, Organisations and Management), 48 p. Retrieved from: http://www-sre.wu-wien.ac.at/ersa/ersaconfs/ersa00/pdf-ersa/pdf/60.pdf.
    7. Fisher, I., 1926. A Statistical Relation between Unemployment and Price Changes. International Labour Review, 13(6), 785-92. ISSN 0020-7780.
    8. Friedman, M., 1968. The Role of Monetary Policy. The American Economic Review, 58(1), 1-17. ISSN 0002-8282.
    9. Galuščák, K. a D. Münich, 2003. Microfoundations of the Wage Inflation in the Czech Republic. Working Paper Series of the Czech National Bank, Prague, 2003/1, 27 p. ISSN 1803-7070.
    10. Hančlová, J. a L. Tvrdý, 1999. Cross-Sectional Analysis of Modified Phillips Curve in the Czech Republic. In: 11th joint Czech-German-Slovak Conference Mathematical Method in Economy and Industry. Technická univerzita v Liberci, pp. 27-36. ISBN 80-7083-338-6.
    11. Howitt, P., 2002. Looking inside the labor market: a review article. Journal of Economic Literature, 40(1), 125-138. ISSN 0022-0515. Go to original source...
    12. Johnes, G. a T. J. Hyclak, 1989. Wage Inflation and Unemployment in Europe: The Regional Dimension. Regional Studies, No. 23, 19-26. ISSN 0034-3404. Go to original source...
    13. Kahneman, D., J. L. Knetsch a R. Thaler, 1986. Fairness as a constraint on profit seeking: entitlements in the market. American Economic Review, 76(4), 728-741. ISSN 0002-8282.
    14. Korobilis, D. a M. Gilmartin, 2010. On regional unemployment: an empirical examination of the determinants of geographical differentials in the UK. MPRA Paper No. 28542, 16 p. Retrieved from: http://mpra.ub.uni-muenchen.de/28542/1/MPRA_paper_28542.pdf. Go to original source...
    15. Kotlán, I., 2006. Inflace, nezaměstnanost a Phillipsova křivka v ČR. Diplomová práce, Právnická fakulta Masarykovy university, Brno, 58 s.
    16. Lipsey, R. G., 1960. The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1862-1957: A Further Analysis. Economica, 27(105), 1-31. ISSN 0013-0427. Go to original source...
    17. Phelps, E. S., 1968. Money-Wage Dynamics and Labor-Market Equilibrium. Journal of Political Economy, University of Chicago Press, 76(4), 678-711. ISSN 0013-0427. Go to original source...
    18. Phillips, A. W., 1958. The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957. Economica, 25(100), 283-299. ISSN 0013-0427. Go to original source...
    19. Reed, J. D. a P. M. Hutchinson, 1978. An empirical test of a regional Phillips curve and wage rate transmission mechanism in an urban hierarchy. The Annals of Regional Science, 10(3), 19-30. ISSN 0570-1864. Go to original source...
    20. Samuelson, P. A. a R. M. Solow, 1960. Problems of Achieving and Maintaining a Stable Price Level: Analytical Aspects of Anti-inflation Policy. American Economic Review, Papers and Proceedings, 50(2), 177-194. ISSN 0002-8282.
    21. Shafir, E., P. Diamond, a A. Tversky, 1997. Money illusion. Quarterly Journal of Economics, 112(2), 341-374. ISSN 0033-5533. Go to original source...
    22. Šteker, K., Phillipsova křivka a její vypovídací schopnost v podmínkách české ekonomiky v letech 1993 - 2005. [online]. 2006 [Cit. 2011-7-27]. UTB Zlín. Retrieved from:http://web.fame.utb.cz/?id=0_5_9&iid=2〈=cs&type=0.
    23. Thirlwall, A. P., 1970. Regional Phillips Curves. Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, 32(1), 19-32. ISSN 1468-0084. Go to original source...

    This is an open access article distributed under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, distribution, and reproduction in any medium, provided the original publication is properly cited. No use, distribution or reproduction is permitted which does not comply with these terms.


    Return to the content