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Evolution Of Wage And Unemployment Gaps In The Context Of Economic Crisis. A Spatial Perspective

Author

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  • Zizi Goschin

    (Bucharest Unniversity of Economic Studies, Romania)

Abstract

Romania was among the countries severely hit by the global economic crisis and some long-lasting effects of the recession are still visible in the economy. The crisis has conveyed a new set of challenges for both national and regional labour markets, leading to negative adjustments, such as real wage decline and unemployment growth. In this context, our paper explores the changes in territorial dispersion of two major indicators of the labour market - average wage and unemployment rate. We cover a longer period of time and focus on the recent economic crisis, aiming to identify possible convergence in regional labour markets. Our main finding is a systematic divergence trend in average wages across Romanian counties over the period 1991 to 2013.

Suggested Citation

  • Zizi Goschin, 2015. "Evolution Of Wage And Unemployment Gaps In The Context Of Economic Crisis. A Spatial Perspective," Romanian Journal of Regional Science, Romanian Regional Science Association, vol. 9(1), pages 17-33, June.
    • Handle: RePEc:rrs:journl:v:9:y:2015:i:1:p:17-33
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    Citations

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    Cited by:

    1. Daniela-Luminita Constantin & Adriana Elena Dardala, 2015. "A Spatial Analysis of Tourism Activity in Romania," ERSA conference papers ersa15p641, European Regional Science Association.
    2. Daniela Luminita Constantin & Adriana Elena Dardala, 2018. "A Spatial Analysis of Tourism Infrastructure in Romania: Spotlight on Accommodation and Food Service Companies," REGION, European Regional Science Association, vol. 5, pages 1-16.

    More about this item

    Keywords

    global economic crisis; average wage; unemployment rate; Romania;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • G01 - Financial Economics - - General - - - Financial Crises

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