文章基本信息

标题：Estimating the Beveridge Curve of Romania between 2004 and 2010
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作者：Marinaş Marius-Corneliu ; Socol Cristian ; Socol Aura-Gabriela 等
期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2011
卷号：11
期号：1
语种：English
出版社：Ovidius University Press
摘要：The objective of this study is to prove the existence of an inverse relationship between the unemployment rate and the vacancy rate,i.e. the Beveridge curve,in the case of Romania. Estimation of this curve allows the identification of friction and matching process between demand and supply in the labor market. This study is structured in three parts. The first concerns the analysis of theoretical background of the Beveridge curve. In the second part we made the graphic representation of this curve between 2004 and 2010 years.On this basis,we explained why Beveridge curve shifted to inward until 2008 year and to outward when Romanian economy entered into recession. In the third part of paper,we validated the existence of the Beveridge curve in Romania,using a VAR model with two lags.
关键词：Beveridge curve;VAR model;vacancy rate;labour market;hysteresis