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Institutional Changes and Labour Market Operation in Interwar Romania

Author

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  • Florin Marius PAVELESCU

    (Institute of National Economy, Romania)

Abstract

The paper firstly reviews the changes of the institutional framework of the labour market in Romania between 1919 and 1939 and emphasizes the importance of the transposition of the International Labour Organization conventions into the national law. Then, the analysis is focused on the features of the employment model and of the labour market disequilibria during the above-mentioned period. On this basis, it is possible to conclude that during the interwar period, Romania's employment model was a dual one. i.e. the agriculture represented the traditional sector and supplied jobs for about 80% of the active population, while the non-agricultural branches acted as the modern sector. Also, the pattern of the labour market disequilibria was quite different during the second interwar decade in comparison to the first one.

Suggested Citation

  • Florin Marius PAVELESCU, 2020. "Institutional Changes and Labour Market Operation in Interwar Romania," Romanian Journal of Economics, Institute of National Economy, vol. 50(1(59)), pages 113-135, June.
    • Handle: RePEc:ine:journl:v:50:y:2020:i:59:p:113-135
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    More about this item

    Keywords

    International Labour Organization; Placement Offices; employment model; seasonality; intellectual unemployment;
    All these keywords.

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • E - Macroeconomics and Monetary Economics
    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-

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