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Contemporary Economic Theories Regarding the Labor Market

Author

Listed:
  • Silvia Gherghel

    (The Court of Accounts of Romania - District Chambers of Accounts Hunedoara, Romania)

Abstract

Numerous theories and models regarding the labour market have been created lately, which demonstrates not only the complexity of the problems this market poses but mostly the difficulty of their solving. The great majority of these theories has appeared and has been applied in countries that are developed from an economical viewpoint. In countries that have their economy in transition, like Romania, no theory has been crystallized yet and the relevance of the existent models is unfortunately rather theoretical. The well- known theories and the new theoretical approaches are presented briefly in the paper as follows.

Suggested Citation

  • Silvia Gherghel, 2008. "Contemporary Economic Theories Regarding the Labor Market," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 8(1), pages 213-218.
    • Handle: RePEc:pet:annals:v:8:i:1:y:2008:p:213-218
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