Hudcovský, Martin; Lábaj, Martin; Morvay, Karol - 2015
In the present paper, we analyse determinants of labour elasticity in V4 countries. While the standard approach relies … on the parametric estimation of labour elasticity coefficients, we employ a novel approach based on structural … employment changes. These results shed some light on low labour elasticity in V4 countries that goes beyond the simple labour …