A QUANTITATIVE APPROACH ON LABOUR FORCE IN ROMANIA IN 2003 -2011
In this article we present a quantitative approach to employment in Romania. In 2003 - 2011, the three main indicators of labour: Total Labour Force Resource (TLFR) Civilian Employment (CE) and Civil Economically Active Population (CEAP) had an oscillating evolution, but not necessarily simultaneous evolution. To better highlight how these indicators have evolved in the period under review we determined their dynamic indices and we have seen that the largest variations are recorded the Indices of Civilian Employment (ICE). The increases and decreases of ICE describe the characteristics of the Romanian economy evolution in period under review In the second part of the article we are surprised the significant structural changes in the civilian employed population who have reduced activity of branches and the emergence and growth of others.
Cox regression models for unemployment duration in Romania, Austria, Slovenia, Croatia, and Macedonia
This paper applies the semi-parametric Cox regression approach to model unemployment duration in five Central and Eastern European countries. The Cox proportional hazards models and the Cox regression models with a time-dependent covariate are developed, and the results are interpreted and compared. The impact of the variables age, gender, education level, and region on the hazard ratio is discussed. The results for the time-dependent variable age imply that the longer the unemployment spell lasts, the less pronounced the differences between various age groups are.
The Educated Russian's Curse: Returns to Education in the Russian Federation During the 1990s
This paper uses a representative sample of the Russian Federation, the Russian Longitudinal Monitoring Survey, to estimate the returns to education in this ex-communist country. We tackle this classic issue in labor economics with the realistic expectation of obtaining results for Russia comparable in quality and reliability to those available in developed countries and other economies in transition. Using standard regression techniques we find that the returns to education in Russia are quite low compared with those reported in the literature on countries throughout the world, in almost no specification reaching higher than 5 per cent. Moreover, there is virtually no improvement in returns to education in the 1992-99 period, a result somewhat at odds with other studies using Russian data from similar time periods. When we instrument our main regressor using policy experiments from the 1960s, we find comparable results. We also perform a selectivity correction and discover even lower returns to education for men, although they become slightly higher for women. Additionally, we find extremely low returns to tenure, which can even become negative in certain specifications.