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Flexicurity Models And Their Application In The World

Author

Listed:
  • DUTCAS, Monica Florica

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

  • GROSU, Denisa-Gabriela

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

The paper addresses the concept of flexicurity and the possibilities of intervention through its political components on the labour market during the COVID-19 pandemic. An argument is proposed for the role of the flexicurity model in accelerating the exit from a period of economic crisis. Being implemented separately from the perspective of the labour market, a series of aspects regarding the losses of jobs and the sudden increase of unemployment will be presented by comparing the practical solutions in European countries. In conclusion, the paper highlights the impact of the solutions adopted in Romania and will be debated the benefits of the flexicurity model in the effort to manage equilibrium in the labour market.

Suggested Citation

  • DUTCAS, Monica Florica & GROSU, Denisa-Gabriela, 2020. "Flexicurity Models And Their Application In The World," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 8(1), pages 26-37, October.
    • Handle: RePEc:vls:rojfme:v:8:y:2020:i:1:p:26-37
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    More about this item

    Keywords

    flexicurity; labour market; public policies; unemployment;
    All these keywords.

    JEL classification:

    • J08 - Labor and Demographic Economics - - General - - - Labor Economics Policies
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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