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Links Between Macroeconomic Key Variables And Employment Levels In Romania

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  • Bocean Claudiu
  • Mimi Petrisan

    (University of Craiova, Faculty of Economics and Business Administration, Romania)

Abstract

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.

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File URL: http://feaa.ucv.ro/RTE/008-13.pdf
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Bibliographic Info

Article provided by University of Craiova, Faculty of Economics and Business Administration in its journal Revista Tinerior Economisti(The Young Economists Journal).

Volume (Year): 1 (2007)
Issue (Month): 8 (April)
Pages: 99-104

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Handle: RePEc:aio:rteyej:v:1:y:2007:i:8:p:99-104

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Related research

Keywords: macroeconomic policies; employment; economic growth.;

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  1. Paula Barnes & Rick Johnson & Anthony Kulys & Scott Hook, 2002. "Productivity and the structure of employment," Labor and Demography 0207006, EconWPA.
  2. Olivier Blanchard & Justin Wolfers, 1999. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," NBER Working Papers 7282, National Bureau of Economic Research, Inc.
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