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THE DETERMINATS OF THE UNEMPLOYMENT RATE EMPIRICAL EVIDENCE FROM ROMANIA
2010
Annals of the University of Oradea: Economic Science
Preserved Fulltext
Among other aspects, the 2007-2009 financial and economic crisis had an impact on the Romanian labor force, too. The aim of this article is to analyze the macroeconomic determinants of the unemployment rate in Romania, using an econometric model. We use the GDP, net and gross wage, monetary policy rate, inflation rate, budget deficit, average RON/EUR exchange rate, export and import values to estimate the model. The analyzed period is 2000-2009.
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