This paper investigates the presence of a causal relationship between employment levels and key macroeconomic variables in Romania during the period 1990–2005. It shows how macroeconomic policies may be useful in achieving high employment levels, as well as how it might generate adverse outcomes. Starting from a macroeconomic model of labour market I present the effects of the macroeconomic policy measures to the labour market. I think that a low unemployment rate and rapid productivity growth are the hallmarks of a successful economy and thus top priorities of economic policy.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Find related papers by JEL classification: E00 - Macroeconomics and Monetary Economics - - General - - - General E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: