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Permanent Unemployment, A Reflection Of Changing The Basic Structure Of Economic Activities

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  • Constantin DUGULEANĂ

    (Transilvania University from Brasov)

Abstract

The analysis of labour market in an economy emphasizes the linkage between the unemployment level and the economy structure with its organization and leading mode, and the context of its growth and development. Numerous empirical analyses of unemployment show that a significant part of its level cannot be explained by the oscillations of overall economic activity, on short term. The structural unemployment and that determined by the transparency level are causes of existence of a permanent unemployment. The paper analyzes the process of jobs creation simultaneously with job destruction and emphasizes how the structure of economic activities suffer positive or negative changes during economic cycle.

Suggested Citation

  • Constantin DUGULEANĂ, 2014. "Permanent Unemployment, A Reflection Of Changing The Basic Structure Of Economic Activities," CrossCultural Management Journal, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 2, pages 297-304, November.
    • Handle: RePEc:cmj:journl:y:2014:i:6:p:297-304
    as

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    References listed on IDEAS

    as
    1. Christopher A. Pissarides, 2000. "Equilibrium Unemployment Theory, 2nd Edition," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262161877, December.
    2. Mortensen, Dale & Pissarides, Christopher, 2011. "Job Creation and Job Destruction in the Theory of Unemployment," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 1-19.
    3. David A. Benson, 2011. "Macroeconomic policy and labor markets: lessons from Dale Mortensen’s research," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Aug.
    4. Monica DOBRESCU & Claudia PAICU & Silvia IACOB, 2011. "The Natural Rate of Unemployment and its Implications for Economic Policy," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(2(555)), pages 181-194, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Natural rate of unemployment; Job creation condition; Potential gdp;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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