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The Labour Market in Macedonia: A Labour Demand Analysis

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  • Maja Micevska

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.

Suggested Citation

  • Maja Micevska, 2008. "The Labour Market in Macedonia: A Labour Demand Analysis," LABOUR, CEIS, vol. 22(2), pages 345-368, June.
    • Handle: RePEc:bla:labour:v:22:y:2008:i:2:p:345-368
    DOI: 10.1111/j.1467-9914.2007.00407.x
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    References listed on IDEAS

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    Cited by:

    1. Jan Babecky & Kamil Galuscak & Lubomir Lizal, 2011. "Firm-Level Labour Demand: Adjustment in Good Times and During the Crisis," Working Papers 2011/15, Czech National Bank.
    2. Rahmanov, Ramiz & Qasimov, Asif & Tahirova, Gulzar, 2016. "The Labor Market in Azerbaijan," EconStor Preprints 142694, ZBW - Leibniz Information Centre for Economics.
    3. 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.
    4. Nazier, Hanan, 2020. "Female labor in Egyptian manufacturing sector: The demand side story," The Quarterly Review of Economics and Finance, Elsevier, vol. 78(C), pages 1-11.
    5. Nikoloski Dimitar & Pechijareski Ljupcho, 2017. "The Unemployed Workers’ Perceptions of Stress and Employment Prospects in Macedonia: The Role of Alternative Adjustment Mechanisms," South East European Journal of Economics and Business, Sciendo, vol. 12(1), pages 68-79, April.
    6. Dimitar Nikoloski & Goran Pechijareski & Ljupcho 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.
    7. Kosovka Ognjenovic & Aleksandra Brankovic, 2012. "Job Creation and Emplozment in a Time of Crisis," Book Chapters, in: João Sousa Andrade & Marta C. N. Simões & Ivan Stosic & Dejan Eric & Hasan Hanic (ed.), Managing Structural Changes - Trends and Requirements, edition 1, volume 1, chapter 20, pages 375-396, Institute of Economic Sciences.
    8. Hanan Nazier, 2019. "Estimating Labor Demand Elasticities and Elasticities of Substitution in Egyptian Manufacturing Sector: A Firm-Level Static Analysis," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 62(4), pages 549-575, December.
    9. Lichter, Andreas & Peichl, Andreas & Siegloch, Sebastian, 2015. "The own-wage elasticity of labor demand: A meta-regression analysis," European Economic Review, Elsevier, vol. 80(C), pages 94-119.
    10. 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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