IDEAS home Printed from https://ideas.repec.org/a/aop/jijoes/v12y2023i1p161-188.html
   My bibliography  Save this article

Evaluation Of The Antivirus A Programme In The Czech Republic During The COVID-19 Pandemic

Author

Listed:
  • Adéla Zubíková

    (Faculty of Economics, Prague University of Economics and Business)

  • Kristýna Veselá

    (Faculty of Economics, Prague University of Economics and Business)

  • Pavel Smolák

    (Faculty of Economics, Prague University of Economics and Business)

Abstract

This paper analyses an employment support programme – the Antivirus A Programme – implemented in the Czech Republic during the COVID-19 pandemic aimed at maintaining a constant level of employment. We present this government programme in detail, including individual data related to its effectiveness and examine similar employment support programmes in other EU countries during the pandemic. We also analyse the economic development of sectors that received employment support. The main contribution of the paper is the creation of a counterfactual scenario of unemployment and inflation rate in the Czech Republic in the absence of the Antivirus A Programme using a short-run Phillips curve concept. According to Bajgar et al. (2021), one third of Czech workers could work from home during the pandemic. We find that if these workers had not been supported by the Antivirus A Programme, Czech taxpayers could have saved EUR 0.15 billion and inflation rate could have been reduced (based on our short-run Phillips curve model) by 0.66–0.99 p.p. for the entire duration of the Antivirus A Programme depending on the choice of assumptions related to the possibility of working from home.

Suggested Citation

  • Adéla Zubíková & Kristýna Veselá & Pavel Smolák, 2023. "Evaluation Of The Antivirus A Programme In The Czech Republic During The COVID-19 Pandemic," International Journal of Economic Sciences, European Research Center, vol. 12(1), pages 161-188, May.
  • Handle: RePEc:aop:jijoes:v:12:y:2023:i:1:p:161-188
    as

    Download full text from publisher

    File URL: https://eurrec.org/ijoes-article-117045
    Download Restriction: no

    File URL: https://eurrec.org/ijoes-article-117045?download=9
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Milan Bedná?, 2018. "Southern Countries of the European Union in a Debt Trap: What Options Are on the Table?," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 7(2), pages 1-34, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adéla Zubíková & Kristýna Veselá & Pavel Smolák, 2023. "Evaluation Of The Antivirus A Programme In The Czech Republic During The COVID-19 Pandemic," International Journal of Economic Sciences, European Research Center, vol. 12(1), pages 178-205, May.
    2. Miroslav Sevcik & Adela Zubikova & Pavel Smolak, 2020. "The Advantages of an Independent Currency for Mitigating the Economic Impact of External Shocks Using the Example of the Coronavirus Pandemic: A Comparison of the Czech Republic and Slovakia," Proceedings of Economics and Finance Conferences 10913142, International Institute of Social and Economic Sciences.

    More about this item

    Keywords

    Antivirus A Programme; COVID-19 pandemic; unemployment; fiscal policy; government intervention; short-run Phillips curve;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aop:jijoes:v:12:y:2023:i:1:p:161-188. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jiri Rotschedl (email available below). General contact details of provider: https://ijoes.eurrec.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.