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Concentration of Labor Market Risks: A European Union Cross-Country Perspective

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  • Iustina Boitan

Abstract

The purpose of this paper is to provide insight into the European Union's (EU) member states' exposure to labor market risks. I try to accomplish this by empirically assessing whether there is a pattern of symmetry across the EU over time, or whether particular labor market risks are concentrated in certain geographic regions or among groups of countries. This process results in synthesizing some new features of labor market risks. These features are given a quantitative nature through proxy variables, which enable the performance of cluster analysis. This allows me to highlight how EU countries are grouped, based on identical exposure to these risks, and to investigate how the composition of clusters evolves over the time period under consideration, 2002-2009.

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  • Iustina Boitan, 2014. "Concentration of Labor Market Risks: A European Union Cross-Country Perspective," Journal of Economic Issues, Taylor & Francis Journals, vol. 48(1), pages 197-228.
    • Handle: RePEc:mes:jeciss:v:48:y:2014:i:1:p:197-228
    DOI: 10.2753/JEI0021-3624480110
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    Cited by:

    1. Adriana AnaMaria DAVIDESCU & Catalin Corneliu GHINARARU, 2015. "The Hare and the Tortoise. How Older Generations Are Replaced By Young One on the Labour Market: Signals and Insights from the Relationship between Shadow Economy and Active Ageing," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 18(1), pages 163-171, June.

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