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Discussing The Role Of Migration And Education In Fighting Economic Vulnerability In South-Eastern Europe

Author

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  • Monica Raileanu-Szeles

    (Transilvania University of Brasov and Institute for Economic Forecasting within the National Institute for Economic Research, Transilvania University of Brasov)

  • Ileana Tache

    (Transilvania University of Brasov)

Abstract

This paper aims to examine the effects of the net migration rate and higher education on a set of economic vulnerability indicators in the South-Eastern EU countries, when controlling inter alia for other explanatory variables. These relationships are explored by panel data regression models, using macroeconomic variables collected over 10 years from the Eurostat dataset. The random effects Generalized Least Squares (GLS) and the system Generalized Method of Moments (GMM) estimators are comparatively examined. The paper finds that the tertiary education attainments do not represent a significant determinant of income inequality and subjective well-being, while the net migration rate and lifelong learning exert a significant and powerful impact on most our measures of economic vulnerability over the period of analysis.

Suggested Citation

  • Monica Raileanu-Szeles & Ileana Tache, 2016. "Discussing The Role Of Migration And Education In Fighting Economic Vulnerability In South-Eastern Europe," Journal of Smart Economic Growth, , vol. 1(1), pages 73-85, August.
    • Handle: RePEc:seg:012016:v:1:y:2016:i:1:p:73-85
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    References listed on IDEAS

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    1. de la Briere, Benedicte & de Janvry, Alain & Lambert, Sylvie & Sadoulet, Elisabeth, 1997. "Why do migrants remit?," FCND discussion papers 37, International Food Policy Research Institute (IFPRI).
    2. Hayakawa, Kazuhiko, 2007. "Small sample bias properties of the system GMM estimator in dynamic panel data models," Economics Letters, Elsevier, vol. 95(1), pages 32-38, April.
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    Cited by:

    1. Mercy Raquel ORELLANA BRAVO & Monica RÄ‚ILEANU SZELES & Dalia Maritza ARGUDO BARRERA, 2017. "A Multilevel Analysis Of The Returns To Education In Ecuador. The Multifaceted Impact Of Human Capital," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 63(3), pages 1-19, January.

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    More about this item

    Keywords

    net migration rate; lifelong learning; tertiary education; economic vulnerability.;
    All these keywords.

    JEL classification:

    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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