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

Author Info

Listed author(s):
  • 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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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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Find related papers by JEL classification:
  • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
  • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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  1. Rodenburg, Peter, 2007. "The Remarkable Place of the UV-Curve in Economic Theory," MPRA Paper 5823, University Library of Munich, Germany.
  2. 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.
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  7. 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 405-416, December.
  8. 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.
  9. Pierre Cahuc & André Zylberberg, 2004. "Labor Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 026203316x, July.
  10. Borsch-Supan, Axel H, 1991. "Panel Data Analysis of the Beveridge Curve: Is There a Macroeconomic Relation between the Rate of Unemployment and the Vacancy Rate?," Economica, London School of Economics and Political Science, vol. 58(231), pages 279-297, August.
  11. 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.
  12. 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.
  13. Hoyt Bleakley & Jeffrey C. Fuhrer, 1997. "Shifts in the Beveridge Curve, job matching, and labor market dynamics," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-19.
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