Download This PaperJob Matching and the Slovak Labour Market
Market Economy, Competition and Competitiveness, Szczecin: University of Szczecin, Microeconomics Department, 2005
20 Pages Posted: 24 Oct 2012
Date Written: June 5, 2005
Abstract
This papser assesses labour markets and unemployment in Slovakia over the period 1994-2004. To interpret labor markets´ performance and design effecitve government policies, the economic literature drew on practical tools of analysis, such as Beveridge´s curve and the Okun Law. Using two approaches as well as regression analysis to test for cyclical responsiveness of unemployment in Slovakia, the paper detects unemployment in the policy restructuring of the economy rather than in economic cycles.
Keywords: transition economics, the Beveridge curve, the Okun Law, cyclical and structural unemployment, matching function
JEL Classification: E24, E62, J18, J64
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