In this paper I explore optimal employment contract design in a random search framework, where workers search on and off the job for employment opportunities similar to that of Lentz (2010) and Bagger and Lentz (2013). The worker determines the frequency by which employment opportunities arrive...

One of the fundamental principle of the European Union is the free movement of workers. The liberalization of labor force movement to Europe increases the migration towards the developed countries and this phenomenon affects the economic growth. The labor market of European Union is influenced...

Labour market is a multi-dimensional entity, with inexorable institutional affiliation. Therefore, the studies on labour market fail to evolve a logical framework to its structure with satisfactory consensus to the theoreticians in totality. It is very interesting to examine the various...

Following the most recent recession, an attempt has been made to explain current levels of unemployment as resulting from structural unemployment, or a mismatch between the skills of the unemployed and the types of jobs available. The evidence, however, indicates that the issue is actually a...

The goal of this research is to analyze developments in employment and employment characteristics during the current crisis in Croatia. The main findings can be summarized as follows: (1) The primary (aggregate) mode of adjustment to the crisis was a decline in employment. There are, however,...

This paper deals with the question whether the concept of transitional labour market (TLM) might be useful to formulate hypotheses about the relationship between the size and nature of labour market transitions and the performance of employment regimes. The paper starts from the idea that the...

This paper surveys the existing empirical research that uses search theory to empirically analyze labor supply questions in a structural framework, using data on individual labor market transitions and durations, wages, and individual characteristics. The starting points of the literature are...

Since the onset of the financial and economic crisis, the situation in the area of employment, in average, didn't improve within the whole EU. Between Member States and the positions of individual groups of the population, there are significant differences in the area of labour market....

One of the major challenges which Romania faces, and also most of European countries, is high youth unemployment which became worse in the current crisis period. This phenomena appeared in the crisis context first because youngsters had and they still have difficulties entering on the labour...

The paper aims at analysing the labour market, one of the most complex forms of market in economy. The present work forwards a comparative survey regarding the labour market in Romania and in the other European Union member states. The paper starts by highlighting general aspects related to...