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Applied economics letters, 2020-10, Vol.27 (18), p.1527-1532
2020

Details

Autor(en) / Beteiligte
Titel
What does a non-shifting Beveridge curve tell about Romania's labour market?
Ist Teil von
  • Applied economics letters, 2020-10, Vol.27 (18), p.1527-1532
Ort / Verlag
London: Routledge
Erscheinungsjahr
2020
Link zum Volltext
Quelle
EBSCOhost Business Source Ultimate
Beschreibungen/Notizen
  • Unlike for many developed and developing countries, for Romania, the Beveridge curve has not shifted during the current economic cycle. Our analysis reveals a labour market in transition towards a service-based, knowledge-intensive economy, where inward shifts of occupational Beveridge curves observed for Professionals, and Service and Sales workers, reflecting an increased matching efficiency for these occupations, were offset by outward shifts experienced by Technicians and Elementary occupations workers, leading to an aggregate non-shifting Beveridge curve for Romania. The flat Beveridge curves for the total labour market, and for most occupations, observed since 2016, could precede a future inward shift of the former, indicating an increased matching efficiency similar to the ones observed for Hong Kong in the 80s, and for Germany after the Great Recession. Results could inform future developments of the Romanian labour market, against a background of existing and potential future labour shortages.
Sprache
Englisch
Identifikatoren
ISSN: 1350-4851
eISSN: 1466-4291
DOI: 10.1080/13504851.2019.1693694
Titel-ID: cdi_proquest_journals_2444288647

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