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Structural Unemployment And Its Determinants In Southeast Europe

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  • Valerija Botric

    (The Institute of Economics, Zagreb)

Abstract

This paper provides comparative analysis of the structural unemployment for a group of transition countries in Southeast Europe, based on relatively simple measure, NAWRU. The paper also investigates and discusses the determinants of relatively high structural unemployment in the region. The results of the empirical estimates point to the remittances and overall changes in business climate as being the significant variables that explain relatively high structural unemployment in analyzed countries.

Suggested Citation

  • Valerija Botric, 2011. "Structural Unemployment And Its Determinants In Southeast Europe," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 20(1), pages 81-100, june.
    • Handle: RePEc:avo:emipdu:v:20:y:2011:i:1:p:81-100
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    More about this item

    Keywords

    NAWRU; structural unemployment; Southeast Europe;
    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
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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