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Is The Policy-Induced Romanian Demographic Boom Affecting The Labor Market?

Author

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  • OTOIU Adrian

    (Bucharest University of Economic Studies)

Abstract

The effects of Romania's policy-induced demographic boom from 1967 on the labour market were not assessed so far as stronger influences on the labor market, such as transition to a market economy and emigration, were at play. This paper explores whether the demographic boom affects the age distribution of the labour force as a whole and for major occupation groups. Results show some impact on most occupation groups, with cohort increases that were accommodated by the Romanian labour market. These results may inform policy making and suggest potential future developments in which a shrinking population could lead to labour shortages.

Suggested Citation

  • OTOIU Adrian, 2017. "Is The Policy-Induced Romanian Demographic Boom Affecting The Labor Market?," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(5), pages 96-106, December.
    • Handle: RePEc:blg:reveco:v:69:y:2017:i:5:p:96-106
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    File URL: http://economice.ulbsibiu.ro/revista.economica/archive/69508otoiu.pdf
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    More about this item

    Keywords

    demographic boom; labour market; occupational groups;
    All these keywords.

    JEL classification:

    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-
    • J00 - Labor and Demographic Economics - - General - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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