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The Determinats Of The Unemployment Rate - Empirical Evidence From Romania

Author

Listed:
  • Kovács Ildikó

    (Universitatea Babeș-Bolyai, Științe Economice și Gestiunea Afacerilor)

  • Marton Noémi

    (Universitatea Babeș-Bolyai, Facultatea de Științe Economice și Gestiunea Afacerilor)

  • Patka Kinga

    (General Manager Express casa S.R.L.)

  • Páll Katalin

    (Universitatea Babeș-Bolyai, Facultatea de Științe Economice și Gestiunea Afacerilor)

Abstract

Among other aspects, the 2007-2009 financial and economic crisis had an impact on the Romanian labor force, too. The aim of this article is to analyze the macroeconomic determinants of the unemployment rate in Romania, using an econometric model. We use the GDP, net and gross wage, monetary policy rate, inflation rate, budget deficit, average RON/EUR exchange rate, export and import values to estimate the model. The analyzed period is 2000-2009.

Suggested Citation

  • Kovács Ildikó & Marton Noémi & Patka Kinga & Páll Katalin, 2010. "The Determinats Of The Unemployment Rate - Empirical Evidence From Romania," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 277-282, December.
    • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:277-282
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    References listed on IDEAS

    as
    1. Hoel, Michael & Vale, Bent, 1986. "Effects on unemployment of reduced working time in an economy where firms set wages," European Economic Review, Elsevier, vol. 30(5), pages 1097-1104, October.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    regression model; unemployment rate; net exports; monetary policy rate; inflation rate;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • 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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