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  • 标题:Net earnings trends in the EU countries
  • 本地全文:下载
  • 作者:Popescu, Mădălina Ecaterina ; Cristescu, Amalia ; Popescu, Mădălina Ecaterina
  • 期刊名称:Theoretical and Applied Economics
  • 印刷版ISSN:1841-8678
  • 电子版ISSN:1844-0029
  • 出版年度:2016
  • 卷号:XXII(2016)
  • 期号:3(608), Autumn
  • 页码:351-360
  • 出版社:Asociatia Generala a Economistilor din Romania - AGER
  • 摘要:The purpose of this paper consists in analysing the ante- and post-crisis economic trends of the real net earnings in the EU countries by building several econometric models. A Hierarchical cluster analysis was applied in order to classify the 27 EU countries in two distinct groups, based on a set of labour market indicators. The econometric results were consistent with the economic theory and indicated that GDP growth rate, foreign direct investment, trade openness and remittances have a positive effect on earnings, while unemployment rate’s impact is negative. Several particularities were also noticed when studying the two EU country clusters. Then numerical simulation was used for a short-term prediction of earnings.
  • 关键词:net earnings; GDP growth rate; panel data model; European Union; simulation.
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