Employment in the EU countries: a panel data analysis

This paper examines the evolution of some important macroeconomic indicators for the EU analysing the changes caused by the crisis in the last years and tries to find which one of them is affecting the employment rate. We therefore employ a panel data approach, considering the 27 countries. The econ...

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Bibliographic Details
Main Authors: Larisa STĂNILĂ, Mădălina ANDREICA, Amalia CRISTESCU
Format: Article
Language:English
Published: General Association of Economists from Romania 2013-01-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/818.pdf
Description
Summary:This paper examines the evolution of some important macroeconomic indicators for the EU analysing the changes caused by the crisis in the last years and tries to find which one of them is affecting the employment rate. We therefore employ a panel data approach, considering the 27 countries. The econometric results showed that the variables considered in the model are statistically significant and the estimators are robust (with only one exception – the trade openness variable, which was excluded from the robust estimation).
ISSN:1841-8678
1844-0029