 What does a non-shifting Beveridge curve tell about Romania’s labour market?Adrian Otoiu and Emilia Țițan Applied Economics Letters, 2020, vol. 27, issue 18, 1527-1532 Abstract: Unlike for many developed and developing countries, for Romania, the Beveridge curve has not shifted during the current economic cycle. Our analysis reveals a labour market in transition towards a service-based, knowledge-intensive economy, where inward shifts of occupational Beveridge curves observed for Professionals, and Service and Sales workers, reflecting an increased matching efficiency for these occupations, were offset by outward shifts experienced by Technicians and Elementary occupations workers, leading to an aggregate non-shifting Beveridge curve for Romania. The flat Beveridge curves for the total labour market, and for most occupations, observed since 2016, could precede a future inward shift of the former, indicating an increased matching efficiency similar to the ones observed for Hong Kong in the 80s, and for Germany after the Great Recession. Results could inform future developments of the Romanian labour market, against a background of existing and potential future labour shortages. Date: 2020 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:27:y:2020:i:18:p:1527-1532 Ordering information: This journal article can be ordered from DOI: 10.1080/13504851.2019.1693694 Access Statistics for this article Applied Economics Letters is currently edited by Anita Phillips More articles in Applied Economics Letters from Taylor & Francis Journals |
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