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Estimating the Beveridge Curve of Egypt: An Econometric Study for the Period 2004 to 2010

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  • Kasrin Zein

    ()

  • Lang Guenter

    (Department of Economics, German University in Cairo, Cairo, Egypt)

Abstract

This paper estimates the Beveridge curve of Egypt for the period from 2004 to 2010, using quarterly data for both the private sector and the public sector. Our results confirm the negative relationship between unemployment and private job offers for the Egyptian labor market. The Beveridge curve has shifted inwards during the observation period, indicating an improved matching process between labor supply and private labor demand. However, the results for the public sector are poor, showing the Beveridge curve relation cannot be used to explain the relationship between government sector vacancy rates and the unemployment rate.

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Bibliographic Info

Article provided by De Gruyter in its journal Review of Middle East Economics and Finance.

Volume (Year): 8 (2013)
Issue (Month): 3 (January)
Pages: 1-16

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Handle: RePEc:bpj:rmeecf:v:8:y:2013:i:3:p:1-16:n:1

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  1. Blanchard, Olivier Jean & Diamond, Peter A, 1994. "Ranking, Unemployment Duration, and Wages," Review of Economic Studies, Wiley Blackwell, vol. 61(3), pages 417-34, July.
  2. Richard Archambault & Mario Fortin, 2001. "The Beveridge curve and unemployment fluctuations in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 34(1), pages 58-81, February.
  3. Anis Bou Abid & Imed Drine, 2010. "Efficiency Frontier and Matching Process on the Labour Market: Evidence from Tunisia," Working Paper Series wp2010-123, World Institute for Development Economic Research (UNU-WIDER).
  4. Peter Rodenburg, 2007. "The Remarkable Place of the UV-Curve in Economic Theory," Tinbergen Institute Discussion Papers 07-088/1, Tinbergen Institute.
  5. Katharine G. Abraham, 1987. "Help-Wanted Advertising, Job Vacancies, and Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 18(1), pages 207-248.
  6. Hansen, Bent, 1970. "Excess Demand, Unemployment, Vacancies, and Wages," The Quarterly Journal of Economics, MIT Press, vol. 84(1), pages 1-23, February.
  7. Christopher A. Pissarides & Barbara Petrongolo, 2001. "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 390-431, June.
  8. Bowden, Roger J, 1980. "On the Existence and Secular Stability of u-v Loci," Economica, London School of Economics and Political Science, vol. 47(185), pages 35-50, February.
  9. Oliver Jean Blanchard & Peter Diamond, 1989. "The Beveridge Curve," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(1), pages 1-76.
  10. Webster, Elizabeth, 1999. "Labour Market Programs and the Australian Beveridge Curve: 1978 to 1997," The Economic Record, The Economic Society of Australia, vol. 75(231), pages 405-16, December.
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