Hybrid Model for Unemployment Impact on Social Life

Popirlan, Claudiu Ionut; Tudor, Irina-Valentina; Dinu, Constantin-Cristian; Stoian, Gabriel; Popirlan, Cristina; Dănciulescu, Daniela

doi:10.3390/math9182278

Cited by 9 publications

(3 citation statements)

References 36 publications

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“…This is aligned with the international literature on school management that applies the philosophy of service organisations on improved learning outcomes, continuous and sustainable improvement, and empowered personnel [18]. Moreover, systemic problems within educational institutions backlash into micro and macroeconomic implications such as unemployment that further impacts the subjective perception of life satisfaction and the social exclusion percentage [19].…”

Section: Discussionmentioning

confidence: 52%

New Methodological Approach to Classify Educational Institutions—A Case Study on Romanian High Schools

et al. 2022

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Since 2021, the National Evaluation exam in Romania (the exam aimed to assess 14- to 15-year-old students’ knowledge at the end of lower secondary education and just before high school) has presented a novel examination structure that resembles PISA tests. The current investigation analyses the 2021 National Evaluation exam results compared to the results obtained in the previous two years (2019–2020) as an evaluation of upper education institutions’ effectiveness in Romania. The results put forward the same conclusions as proposed by extant literature on Bucharest high schools. Even though the educational institutions show apparent progress and great adaptability to change, a more in-depth analysis reveals great inequality between educational institutions. As in the case of Bucharest, nationally there are only a small number of top-performing high schools in Romania, with the majority of high schools ranking in the lowest category as conceptualised in the study. The current investigation puts together a novel methodology for classification based on the main instruments proposed in literature: a letter grade classification and Turner’s f-index. The results and the methodological proposal are especially relevant considering the latest PISA (2018) conclusions on Romania characterising the national educational system as underperforming.

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Section: Discussionmentioning

confidence: 52%

New Methodological Approach to Classify Educational Institutions—A Case Study on Romanian High Schools

et al. 2022

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“…Again, to ascertain how the unemployment rate will behave there is a change in the youth unemployment. Unemployment rate influence monetary policy directions through the business cycles [31]. The researcher used the unemployment rate as the dependent variable and the youth unemployment as the independent variable.…”

Section: Methodsmentioning

confidence: 99%

The Two Sides of the Coin of Youth Unemployment: Government and the Unemployed Individual

Asumadu

Ofori

Adomako

et al. 2022

AJEBA

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Youth unemployment has been a challenge for many governments in developing economies including Ghana. This study examines one of the challenges in economic and social settings: the potential loss of revenue to the government due to youth unemployment. Using data from 2000 to 2020, the study explores a simple regression model to determine the correlation between the youth unemployment and the unemployment rate. The study also examined a Discounted Cash Flow Analysis to estimate the potential fiscal capacity loss to the state through youth unemployment within a ten-year range. This study concludes that youth unemployment is a loss of potential revenue receipts to the state, which is a loss of fiscal capacity for governments in developing economies. This phenomenon decelerates economic growth in developing economies. The study recommends that the government should partner with the private sector to curb unemployed youth cankers. Despite its defied solution and planned developments over the past two decades, Ghana is still struggling to permanently nab youth unemployment.

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“…Human resources (known as "labour") are thereby one of the most important factors that contribute to socioeconomic development [15]; however, in practice, the labour market does not have the features of a perfect market, and the situation is getting riskier, especially in the case of a high unemployment rate. Without doubt, unemployment not only has a significant impact on the economy, but it may also have an impact on many other aspects of life in general, such as the health and social life of individuals in society [1,2,16].…”

Section: Literature Reviewmentioning

confidence: 99%

Allowance for School Graduate Practice Performance in Slovakia: Impact Evaluation of the Intervention

Švábová

Kramárová

2022

Mathematics

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This study aims to evaluate the impact of a selected active labour market policy measure that has been applied in Slovakia—Allowance for school graduate practice performance—on the employability of young jobseekers and their sustainability in the labour market, and thus, it will also empirically contribute to the field of relevant literature. The policy targets unemployed school graduates, and it enables them to acquire professional skills and practical experience that corresponds with their level of education, work habits, and possible direct contact with potential employers. At the same time, this measure addresses a long-standing gap in the Slovakian education system, namely, the insufficient linkages between the educational process, the practices in the field, and the requirements of the labour market. Using fiscal resources to finance this policy, it provides a natural and logical platform to investigate the relevance of the outcome of this measure in the context of its proclaimed objectives. In light of this, we employed a counterfactual approach to compare the results of the participants who were affected the measure (recipients; treated group) and non-participants, as their counterparts (comparison/control group), using an instrumental variable to mitigate self-selection and selection-bias problems. Our findings show that this policy intervention has a short- or medium-term impact on the employability of unemployed school graduates and the sustainability of their careers. In addition, a positive impact on their monthly wages was observed. We also came to the conclusion that, assuming the measure is linked to other labour market policy interventions, which is aimed at employers that are willing to hire young unemployed people, it would be possible to improve the functionality and effectiveness of support for the unemployed through indirect measures.

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Hybrid Model for Unemployment Impact on Social Life

Cited by 9 publications

References 36 publications

New Methodological Approach to Classify Educational Institutions—A Case Study on Romanian High Schools

New Methodological Approach to Classify Educational Institutions—A Case Study on Romanian High Schools

The Two Sides of the Coin of Youth Unemployment: Government and the Unemployed Individual

Allowance for School Graduate Practice Performance in Slovakia: Impact Evaluation of the Intervention

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