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The Present Phase Of Labor Market'S Conventionalism Pushes Romania To The Limit Of Survival

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  • LAURA PATACHE

Abstract

Economists have shown that the labor market, due to its specific, remains, in terms of the repercussions on the human factor, one of the most regulated and sensitive markets. This paperwork was born from personal concerns about finding an answer to the question: what makes employees to accept a wage/ compensation that do not cover even the minimum necessary for their subsistence? After having evaluated the current situation on the Romanian labor market, I laid out what I believe to be the major questions that research in the area should address going forward.

Suggested Citation

  • Laura Patache, 2011. "The Present Phase Of Labor Market'S Conventionalism Pushes Romania To The Limit Of Survival," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 3(3 (Novemb), pages 495-502.
    • Handle: RePEc:shc:jaresh:v:3:y:2011:i:3:p:495-502
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    More about this item

    Keywords

    compensation; labor market constrains; SMART objectives; households expenditure; households income.;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • K31 - Law and Economics - - Other Substantive Areas of Law - - - Labor Law
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General

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