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Labour Market Trends In Croatia And European Union: The Importance Of Formal Institutions

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  • Ante Zdilar

    (University of Dubrovnik)

Abstract

The lag of the Republic of Croatia behind the leading member states of the European Union has always been the dominant topic of empirical research in the domestic economy. The situation in the labour market in 2019, where the Republic of Croatia records one of the lowest employment rate and the participation rates, further confirms the fact of the relative lagging behind the leading EU member states. The aim of this research is to explore the relationship between the institutional framework as one of the possible lagging factors and the overall employment rate and youth employment rate in 27 EU Member States in the period 2002-2018. The results of the research indicate that this relationship is positive and statistically significant for both employment rate and youth employment rate.

Suggested Citation

  • Ante Zdilar, 2021. "Labour Market Trends In Croatia And European Union: The Importance Of Formal Institutions," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 30(1), pages 77-95, june.
    • Handle: RePEc:avo:emipdu:v:30:y:2021:i:1:p:77-95
    DOI: 10.17818/EMIP/2021/1.4
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    More about this item

    Keywords

    employment rate; youth employment rate; institutions; Republic of Croatia; panel; European Union;
    All these keywords.

    JEL classification:

    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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