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Economic Thought and Practice, Vol. 20 No. 1, 2011.

Preliminary communication

STRUCTURAL UNEMPLOYMENT AND ITS DETERMINANTS IN SOUTHEAST EUROPE

Valerija Botrić orcid id orcid.org/0000-0001-5482-7490 ; The Institute of Economics, Zagreb, Croatia

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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

Hrčak ID:

69701

URI

https://hrcak.srce.hr/69701

Publication date:

28.6.2011.

Article data in other languages: croatian

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