Defining the Unemployment Determinants of the Post-Transition Central European EU Member Countries

Marija Buselic and Jurica Bosna
Additional contact information
Marija Buselic: Juraj Dobrila University of Pula, Croatia

Managing Global Transitions, 2019, vol. 17, issue 1 (Spring), 79-103

Abstract: Aim of the research is to define unemployment determinants of the labor markets on the example of post-transition Central European eu member countries – Poland, Czech, Slovak, Hungary, Slovenia, and Croatia. The purpose of the paper is to point out the role and importance of studying the labor market unemployment determinants of the post-transition countries to provide a proposal for reducing unemployment. In this paper as independent macroeconomic variables have been analyzed gross domestic product, public debt, labor force participation rate and institutional variables like some fixed-term and part-time contracts and expenditures for active and passive labor market policies.An analysis of the labor market unemployment determinants for the Central European eu member countries has been conducted by econometric models of multiple linear regression for each country to determine whether there are differences in unemployment rates between countries within one panel. Results of the research show that in almost all countries, public debt as a macroeconomic variable has a significant impact on unemployment growth, while passive labor market policies of the institutional variables have the most significant impact on the level of unemployment.

Keywords: unemployment; determinants; labor market; post-transition EU countries (search for similar items in EconPapers)
JEL-codes: E24 J01 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.hippocampus.si/ISSN/1854-6935/17.79-103.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mgt:youmgt:v:17:y:2019:i:1:p:79-103

Ordering information: This journal article can be ordered from
http://www.mgt.fm-kp.si

DOI: 10.26493/1854-6935.17.79-103

Access Statistics for this article

Managing Global Transitions is currently edited by Jana Hojnik

More articles in Managing Global Transitions from University of Primorska, Faculty of Management Koper Contact information at EDIRC.
Bibliographic data for series maintained by Alen Jezovnik ().