CROATIAS BEVERIDGE CURVE AND ESTIMATION OF NATURAL RATE OF UNEMPLOYMENT: 1990-2008Report as inadecuate




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Economic research - Ekonomska istraživanja, Vol.22 No.3 September 2009. -

This paper explores the relationship between unemployment UR and job vacancies rate VR on Croatia’s labor market during the observed period from January 1990 to December 2008 on the basis of empirical analysis using the framework of the UV Curve, also known as the Beveridge Curve. We estimated the natural rate of unemployment in static and dynamic time varying equilibrium version as a concept which follows from the Beveridge Curve theory that says that changes in vacancy rate push unemployment in the opposite direction.

Beveridge Curve; unemployment rate; job vacancies rate; natural rate of employment



Author: Zdravko Sergo - Amorino Poropat - Jasmina Gržinić -

Source: http://hrcak.srce.hr/



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