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The Short Cycles of Labour Market Operation and Industrial Relations in Interwar Romania

In: Crisis after the Crisis: Economic Development in the New Normal

Author

Listed:
  • Florin Marius Pavelescu

    (Institute of National Economy)

Abstract

This chapter identifies the short cycles of labour market operation in interwar Romania considering the labour market disequilibria, changes of the labour legislation, the evolution of the forms of organization of employers and wage earners and the relations between labour market stakeholders and International Labour Organization (ILO). Some features of industrial relations in the context of short cycles of labour market are determined having in view the available statistical data related to the number of open and latent labour conflicts and their results. An econometric model proposed by the author reveals the modelling factors of the evolution of the number of the open labour conflicts. The use of an index of labour conflict results (ILCR) confirms the assumption that, during the interwar period, the labour conflicts tended to end with favourable results for the wage earners.

Suggested Citation

  • Florin Marius Pavelescu, 2023. "The Short Cycles of Labour Market Operation and Industrial Relations in Interwar Romania," Springer Proceedings in Business and Economics, in: Luminita Chivu & Ignacio De Los Ríos Carmenado & Jean Vasile Andrei (ed.), Crisis after the Crisis: Economic Development in the New Normal, chapter 0, pages 379-392, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-30996-0_26
    DOI: 10.1007/978-3-031-30996-0_26
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