The connection between the education level of young people, labor productivity and inflation in Romania

Ortansa FLOREA (moise)
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Ortansa FLOREA (moise): Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2015, vol. XXII, issue Special(I), 127-132

Abstract: Labor productivity is an important indicator for any economy. An increase of productivity is benefits for the entrepreneurs and for the national economy. This paper discusses the link between changes in the number of high school graduates in Romania, to amend the rate labor productivity and inflation rate. The period under review is 2004-2012. The data used are those published by the National Institute of Statistics, National Bank of Romania and Eurostat. The data used are those published by the National Institute of Statistics, National Bank of Romania and Eurostat. We calculate the relative change in the number of graduates of university education and the relative change in the volume of labor productivity and identify the links. Furthermore, we highlight the correlation between these indicators and will try to identify the relationship between changes in the number of graduates in secondary education and inflation.

Keywords: graduates; pre-university graduates; labor productivity; inflation rate. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxii:y:2015:i:special(i):p:127-132

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