STRUCTURAL UNEMPLOYMENT AND ITS DETERMINANTS IN SOUTHEAST EUROPE

Valerija Botric

Economic Thought and Practice, 2011, vol. 20, issue 1, 81-100

Abstract: This paper provides comparative analysis of the structural unemployment for a group of transition countries in Southeast Europe, based on relatively simple measure, NAWRU. The paper also investigates and discusses the determinants of relatively high structural unemployment in the region. The results of the empirical estimates point to the remittances and overall changes in business climate as being the significant variables that explain relatively high structural unemployment in analyzed countries.

Keywords: NAWRU; structural unemployment; Southeast Europe (search for similar items in EconPapers)
JEL-codes: E24 J60 (search for similar items in EconPapers)
Date: 2011
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