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LABOUR MARKET RESILIENCE- COMPARATIVE EVIDENCE FROM ROMANIAN COUNTIES

Monica Mihaela MAER Matei, Ana-Maria Zamfir and Cristina Mocanu
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Monica Mihaela MAER Matei: National Scientific Research Institute for Labour and Social Protection
Ana-Maria Zamfir: National Scientific Research Institute for Labour and Social Protection
Cristina Mocanu: National Scientific Research Institute for Labour and Social Protection

Network Intelligence Studies, 2018, issue 11, 59-66

Abstract: In economics, the concept of resilience illustrates the adaptability capacity of a system after an external shock. The goal of the empirical analysis presented in this paper is to investigate the labor market resilience of Romanian Counties relative to the economic crisis whose negative effects occurred since 2009. The counties are compared in terms of resistance or sensitivity to the shock, speed of recovery after the shock. These dimensions were assessed by means of statistical analysis of employment and unemployment rate evolution. With respect to the factors that could influence the trajectory of the system after a recessionary shock, this study discusses the correlation between different types of resilience and economic diversification.

Keywords: Labour market resilience; Regional; Employment; Recessionary shocks (search for similar items in EconPapers)
JEL-codes: J21 P51 (search for similar items in EconPapers)
Date: 2018
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