The unemployment rate and the future of the employment market in Romania The impact of inflation A study on the Romanian post-pandemic economy dominated by uncertainty
This study was conducted to understand the fluctuation of the unemployment rate and the inflation rate in Romania in the post-pandemic years. Also, the study aims to highlight the future of these two variables based on the forecasted values, but also on the possible future state of the economical an...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2024-03-01
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| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: |
http://store.ectap.ro/articole/1716.pdf
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| _version_ | 1797205497138380800 |
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| author | Maria GHEORGHE Aureliana ROMAN |
| author_facet | Maria GHEORGHE Aureliana ROMAN |
| author_sort | Maria GHEORGHE |
| collection | DOAJ |
| description | This study was conducted to understand the fluctuation of the unemployment rate and the
inflation rate in Romania in the post-pandemic years. Also, the study aims to highlight the future of
these two variables based on the forecasted values, but also on the possible future state of the
economical and geopolitical framework. For this purpose, the correlation between the inflation and
unemployment rate in the last 4 years in Romania is going to be analyzed using a linear regression
model. Based on the output of the model, a series of conclusions is going to be highlighted related
to the impact of the inflation rate on the fluctuation of the unemployment rate in the post-pandemic
period (2020-2023). The research will indicate that there is still a strong correlation between the
two variables and that a high percentage (more than 91%) of the fluctuation of the unemployment
rate in Romania in the post-pandemic years is explained by the fluctuation on the inflation rate. |
| first_indexed | 2024-04-24T08:52:03Z |
| format | Article |
| id | doaj.art-79701de335c94be3ba45acc0c10f5f11 |
| institution | Directory Open Access Journal |
| issn | 1841-8678 1844-0029 |
| language | English |
| last_indexed | 2024-04-24T08:52:03Z |
| publishDate | 2024-03-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-79701de335c94be3ba45acc0c10f5f112024-04-16T09:19:12ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292024-03-01XXXI151418418678The unemployment rate and the future of the employment market in Romania The impact of inflation A study on the Romanian post-pandemic economy dominated by uncertaintyMaria GHEORGHE0Aureliana ROMAN1 Bucharest University of Economic Studies, Romania Bucharest University of Economic Studies, Romania This study was conducted to understand the fluctuation of the unemployment rate and the inflation rate in Romania in the post-pandemic years. Also, the study aims to highlight the future of these two variables based on the forecasted values, but also on the possible future state of the economical and geopolitical framework. For this purpose, the correlation between the inflation and unemployment rate in the last 4 years in Romania is going to be analyzed using a linear regression model. Based on the output of the model, a series of conclusions is going to be highlighted related to the impact of the inflation rate on the fluctuation of the unemployment rate in the post-pandemic period (2020-2023). The research will indicate that there is still a strong correlation between the two variables and that a high percentage (more than 91%) of the fluctuation of the unemployment rate in Romania in the post-pandemic years is explained by the fluctuation on the inflation rate. http://store.ectap.ro/articole/1716.pdf unemploymentinflation ratephilips curvecovid-19linear regressioncorrelation |
| spellingShingle | Maria GHEORGHE Aureliana ROMAN The unemployment rate and the future of the employment market in Romania The impact of inflation A study on the Romanian post-pandemic economy dominated by uncertainty Theoretical and Applied Economics unemployment inflation rate philips curve covid-19 linear regression correlation |
| title | The unemployment rate and the future of the employment market in Romania The impact of inflation A study on the Romanian post-pandemic economy dominated by uncertainty |
| title_full | The unemployment rate and the future of the employment market in Romania The impact of inflation A study on the Romanian post-pandemic economy dominated by uncertainty |
| title_fullStr | The unemployment rate and the future of the employment market in Romania The impact of inflation A study on the Romanian post-pandemic economy dominated by uncertainty |
| title_full_unstemmed | The unemployment rate and the future of the employment market in Romania The impact of inflation A study on the Romanian post-pandemic economy dominated by uncertainty |
| title_short | The unemployment rate and the future of the employment market in Romania The impact of inflation A study on the Romanian post-pandemic economy dominated by uncertainty |
| title_sort | unemployment rate and the future of the employment market in romania the impact of inflation a study on the romanian post pandemic economy dominated by uncertainty |
| topic | unemployment inflation rate philips curve covid-19 linear regression correlation |
| url |
http://store.ectap.ro/articole/1716.pdf
|
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