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This paper questions whether the theoretical assumption that unemployment rates are not significantly affected by movements in labor force holds true for Romania. Using quarterly labor force data, we explore the time-series properties of the two variables. We find that unemployment rates and...
Persistent link: https://www.econbiz.de/10012938322
This paper analyzes the main determinants of structural unemployment. A discussion of the relative importance of structural unemployment in total unemployment is done using NAIRU estimates for a panel of OECD countries. Then, NAIRU estimates are regressed on economic, institutional and labour...
Persistent link: https://www.econbiz.de/10012940129