IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2010i2p277-282.html
   My bibliography  Save this article

The Determinats Of The Unemployment Rate - Empirical Evidence From Romania

Author

Listed:
  • Kovács Ildikó

    (Universitatea Babeș-Bolyai, Științe Economice și Gestiunea Afacerilor)

  • Marton Noémi

    (Universitatea Babeș-Bolyai, Facultatea de Științe Economice și Gestiunea Afacerilor)

  • Patka Kinga

    (General Manager Express casa S.R.L.)

  • Páll Katalin

    (Universitatea Babeș-Bolyai, Facultatea de Științe Economice și Gestiunea Afacerilor)

Abstract

Among other aspects, the 2007-2009 financial and economic crisis had an impact on the Romanian labor force, too. The aim of this article is to analyze the macroeconomic determinants of the unemployment rate in Romania, using an econometric model. We use the GDP, net and gross wage, monetary policy rate, inflation rate, budget deficit, average RON/EUR exchange rate, export and import values to estimate the model. The analyzed period is 2000-2009.

Suggested Citation

  • Kovács Ildikó & Marton Noémi & Patka Kinga & Páll Katalin, 2010. "The Determinats Of The Unemployment Rate - Empirical Evidence From Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 277-282, December.
    • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:277-282
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/040.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Boianovsky, Mauro & Presley, John R., 2009. "The Robertson connection between the natural rates of interest and unemployment," Structural Change and Economic Dynamics, Elsevier, vol. 20(2), pages 136-150, June.
    2. Bernd Fitzenberger & Alfred Garloff, 2008. "Unemployment, Labor Market Transitions, And Residual Wage Dispersion," Scottish Journal of Political Economy, Scottish Economic Society, vol. 55(5), pages 561-590, November.
    3. Mussard, Stéphane & Philippe, Bernard, 2009. "Okun's law, creation of money and the decomposition of the rate of unemployment," Economics Letters, Elsevier, vol. 102(1), pages 7-9, January.
    4. Hoel, Michael & Vale, Bent, 1986. "Effects on unemployment of reduced working time in an economy where firms set wages," European Economic Review, Elsevier, vol. 30(5), pages 1097-1104, October.
    5. Guha, Debashis & Visviki, Dimitra, 2001. "What determines inflation in the US, job growth or unemployment?," International Journal of Forecasting, Elsevier, vol. 17(3), pages 447-458.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marinela, Simuţ Ramona & Lavinia, Delcea (Săutiuţ), 2012. "Challenges for Romania’s employment policy in the Real Economy," MPRA Paper 40369, University Library of Munich, Germany.
    2. FitzRoy, Felix R. & Funke, Michael & Nolan, Michael A., 2002. "Working time, taxation and unemployment in general equilibrium," European Journal of Political Economy, Elsevier, vol. 18(2), pages 333-344, June.
    3. Mussard, Stéphane & Philippe, Bernard, 2011. "On the links between unemployment rate, monetary creation and the value-added sharing," Economic Modelling, Elsevier, vol. 28(3), pages 767-774, May.
    4. repec:hum:wpaper:sfb649dp2005-045 is not listed on IDEAS
    5. Jean‐François Fagnart & Marc Germain & Bruno Van der Linden, 2023. "Working time reduction and employment in a finite world," Scandinavian Journal of Economics, Wiley Blackwell, vol. 125(1), pages 170-207, January.
    6. Rocheteau, Guillaume, 2002. "Working time regulation in a search economy with worker moral hazard," Journal of Public Economics, Elsevier, vol. 84(3), pages 387-425, June.
    7. Goerke, Laszlo, 1997. "Taxes in an efficiency wage economy," Discussion Papers, Series II 335, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    8. Simon Cueva & Eric Heyer & Dominique Taddéi, 1998. "Fondements microéconomiques de la durée du travail et politiques de réduction," Revue de l'OFCE, Programme National Persée, vol. 64(1), pages 69-95.
    9. Durech, Richard & Minea, Alexandru & Mustea, Lavinia & Slusna, Lubica, 2014. "Regional evidence on Okun's Law in Czech Republic and Slovakia," Economic Modelling, Elsevier, vol. 42(C), pages 57-65.
    10. François Contensou & Radu Vranceanu, 1996. "Structure de coût généralisée et horaire optimal," Économie et Prévision, Programme National Persée, vol. 125(4), pages 37-50.
    11. repec:spo:wpecon:info:hdl:2441/1950 is not listed on IDEAS
    12. Kapteyn, Arie & Kalwij, Adriaan & Zaidi, Asghar, 2004. "The myth of worksharing," Labour Economics, Elsevier, vol. 11(3), pages 293-313, June.
    13. Hutter, Christian & Weber, Enzo, 2017. "Labour market effects of wage inequality and skill-biased technical change in Germany," IAB-Discussion Paper 201705, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    14. Bertrand Lhommeau & Véronique Rémy, 2009. "Les politiques d’allégements ont-elles un effet sur la mobilité salariale des travailleurs à bas salaire ?," Économie et Statistique, Programme National Persée, vol. 429(1), pages 21-49.
    15. William Baeza L. & Pablo García., 2003. "Medidas Alternativas de Brechas en Modelos de Inflación," Notas de Investigación Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 6(2), pages 77-94, August.
    16. Gunnar Bårdsen & Stan Hurn & Zoë Mchugh, 2007. "Modelling Wages and Prices in Australia," The Economic Record, The Economic Society of Australia, vol. 83(261), pages 143-158, June.
    17. Hart, Robert A, 2001. "Hours and Wages in the Depression: British Engineering, 1926-1938," Explorations in Economic History, Elsevier, vol. 38(4), pages 478-502, October.
    18. repec:hal:spmain:info:hdl:2441/1950 is not listed on IDEAS
    19. Garloff Alfred & Fitzenberger Bernd, 2007. "Labor Market Transitions and the Wage Structure in Germany," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 227(2), pages 115-152, April.
    20. Swastika, Putri & Masih, Mansur, 2016. "Do interest rate and inflation affect unemployment? evidence from Australia," MPRA Paper 100067, University Library of Munich, Germany.
    21. Fang, Tony & Lin, Carl & Tang, Xueli, 2024. "Where did the time go? The effects of China's two-day weekend policy on labor supply, household work, and wages," China Economic Review, Elsevier, vol. 83(C).
    22. Terry J. Fitzgerald, 1998. "Reducing working hours: a general equilibrium analysis," Working Papers (Old Series) 9801, Federal Reserve Bank of Cleveland.
    23. Altavilla, Carlo & Garofalo, Antonio & Vinci, Concetto Paolo, 2005. "Evaluating the effects of working hours on employment and wages," Journal of Policy Modeling, Elsevier, vol. 27(6), pages 647-664, September.

    More about this item

    Keywords

    regression model; unemployment rate; net exports; monetary policy rate; inflation rate;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2010:i:2:p:277-282. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE The email address of this maintainer does not seem to be valid anymore. Please ask Catalin ZMOLE to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.