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Medium-Term Industrial Labor Demand Forecast for Hungary

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  • John Sutherland Earle

    ()
    (George Mason University, Central European University)

  • Almos Telegdy

    ()
    (Institute of Economics of the Hungarian Academy of Sciences)

Abstract

This study forecasts the Hungarian labor demand for 10 broad economic sectors for 2015. Using aggregate data for the period of 1992-2010 and a structural macroeconomic model, we find that the relative importance of agriculture and industry is likely to fall in total employment while the share of construction, trade and financial intermediation will increase.

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Bibliographic Info

Paper provided by Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences in its series Budapest Working Papers on the Labour Market with number 1111.

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Date of creation: Aug 2011
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Handle: RePEc:has:bworkp:1111

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Keywords: labor demand; forecasting; Hungary;

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  1. Yundan Gong & Holger Gorg & Sara Maioli, 2007. "Employment Effects of Privatisation and Foreign Acquisition of Chinese State-owned Enterprises," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 14(2), pages 197-214.
  2. J. DavidBrown & JohnS. Earle & �lmos Telegdy, 2010. "Employment and Wage Effects of Privatisation: Evidence from Hungary, Romania, Russia and Ukraine," Economic Journal, Royal Economic Society, vol. 120(545), pages 683-708, 06.
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