Labour Market Flows in Transition Countries with Particular Reference to Macedonia

Nikoloski, Dimitar (2004) Labour Market Flows in Transition Countries with Particular Reference to Macedonia. In: International conference “Economic Development and Reconstruction Policies in Southeast Europe – The Influence of European Integration”, May 7-8, 2004, Dubrovnik.

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The aim of this paper is to describe the labour market flows in transition countries and to determine the level of dynamism of their labour markets. The stock-flow model, which is used at the heart of the analysis gives an insight into the number of workers who are employed, unemployed or out of the labour force in the given reference period of the survey and the number of those who have changed the status between two surveys. Stylised model of labour market flows in transition countries describes the reality of labour market adjustment by dividing the employment in two sectors: the private sector and state sector. Empirical evidence shows that unemployment rates in transition countries are highly responsive to the inflow rates to unemployment from employment and outflow rates from unemployment to employment. The reason for the stagnant unemployment pool observed in most transition countries is the low outflow rate from unemployment to employment, rather than a high inflow rate from employment to unemployment. Labour market flow rates in Macedonia between 2002 and 2003 have been estimated from the labour force survey data in order to determine the dynamism of Macedonian labour market and the extent to which it resembles to the characteristics of the labour markets of the rest of the transitional world.

Item Type: Conference or Workshop Item (Paper)
Subjects: Scientific Fields (Frascati) > Social Sciences > Economics and Business
Divisions: Faculty of Economics
Depositing User: Mr Dimitar Risteski
Date Deposited: 13 Dec 2019 20:30
Last Modified: 13 Dec 2019 20:30

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