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The Labour Market in Macedonia: A Labour Demand Analysis

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  • Maja Micevska
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    Abstract

    This paper examines the labour market in Macedonia, a country with the highest unemployment rate in Europe. I describe labour market institutions and policies during the transition. I also examine job creation and job destruction using firm-level data and I estimate short-term and long-term elasticities of the labour demand. The analysis shows that there are regulatory barriers to the labour market flexibility. I can also conclude that the privatization of socially owned enterprises has failed to promote job creation. Nevertheless, labour market problems seem to stem from factors other than substantial sluggishness of firms in adjusting employment to variations in wages. Copyright 2008 The Author. Journal compilation CEIS, Fondazione Giacomo Brodolini and Blackwell Publishing Ltd. 2008.

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    Bibliographic Info

    Article provided by CEIS in its journal LABOUR.

    Volume (Year): 22 (2008)
    Issue (Month): 2 (06)
    Pages: 345-368

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    Handle: RePEc:bla:labour:v:22:y:2008:i:2:p:345-368

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    Cited by:
    1. Jan Babecky & Kamil Galuscak & Lubomir Lizal, 2012. "Firm-Level Labour Demand: Adjustment in Good Times and During the Crisis," CERGE-EI Working Papers wp468, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
    2. Kosovka Ognjenovic & Aleksandra Brankovic, 2012. "Job Creation and Emplozment in a Time of Crisis," Book Chapters, Institute of Economic Sciences.
    3. Lichter, Andreas & Peichl, Andreas & Siegloch, Sebastian, 2014. "The Own-Wage Elasticity of Labor Demand: A Meta-Regression Analysis," IZA Discussion Papers 7958, Institute for the Study of Labor (IZA).
    4. Dimitar Nikoloski & Ljupcho Pechijareski & Goran Pechijareski, 2012. "The role of the alternative labour market adjustment mechanisms in Macedonia during the economic crisis," wiiw Balkan Observatory Working Papers 101, The Vienna Institute for International Economic Studies, wiiw.
    5. Bojnec, Stefan, 2011. "Agricultural and Rural Labour Markets in the EU Candidate Countries of Croatia, Former Yugoslav Republic of Macedonia and Turkey," Working Papers 117487, Factor Markets, Centre for European Policy Studies.
    6. Janeska, Verica & Bojnec, Stefan, 2011. "Rural Labour Market Developments in the Former Yugoslav Republic of Macedonia," Working Papers 117486, Factor Markets, Centre for European Policy Studies.
    7. Bojnec, Štefan & Janeska, Verica, 2011. "Rural Labour Market Developments in the Former Yugoslav Republic of Macedonia," Factor Markets Working Papers 101, Centre for European Policy Studies.

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