2015
DOI: 10.7763/joebm.2015.v3.151
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Labour Market Performance in EU Member States: A Panel Regression Approach

Abstract: Abstract-This paper deals with labour market institutions and their influence on labour market performance in the EU Member States. We perform an econometric analysis to estimating the impact of various institutional aspects on the employment rate, the unemployment rate and the long-term unemployment rate. Our econometric analysis suggests that two institutional factors significantly influence unemployment and long-term unemployment: total tax wedge on labour and active labor market policies. While higher tax … Show more

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Cited by 7 publications
(5 citation statements)
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References 14 publications
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“…In line with the above assertion by Tyrdon, Airi et al [25], investigated the effects of the rate of unemployment in Nigeria economy . They adopted OLS, their findings showed that unemployment rate negatively signed which means it has a negative impact on the gross domestic product (GDP) in Nigerian economy.…”
Section: Akeju and Olanipeunmentioning
confidence: 82%
See 1 more Smart Citation
“…In line with the above assertion by Tyrdon, Airi et al [25], investigated the effects of the rate of unemployment in Nigeria economy . They adopted OLS, their findings showed that unemployment rate negatively signed which means it has a negative impact on the gross domestic product (GDP) in Nigerian economy.…”
Section: Akeju and Olanipeunmentioning
confidence: 82%
“…Using Okun's law of first-difference and output-gap model. Tvrdon [25], he investigated European Union countries. He examined two main factors which are institutional in nature which significantly affect the way labour market performs and tax-wedge on labour activity and policies of an active labourmarket.…”
Section: Empirical Reviewmentioning
confidence: 99%
“…In other words, this study employed data collected at six points in time to identify the relationship between employment and depression among adult men. REM is one of the best approaches for analyzing panel data, as this analysis strategy is conducted based on a principle of maximum likelihood or general least squares [31]. Further, REM, which is also called the Generalized Least Square (GLS), is free of heteroscedasticity and makes it possible to approximate participants' changes at each point in time.…”
Section: Analysis Strategiesmentioning
confidence: 99%
“…This issue was also exposed by Hassett (2014), who claimed that those who are unemployed for shorter periods of time have more chance to find new employment, as opposed to a person who is required to explain a long period of unemployment. Tvrdon (2015) performed a panel regression analysis to estimate the impact of various institutional aspects on the unemployment rate and long-term unemployment. Results indicated that the total tax wedge and active labour market policies have the most significant influence.…”
Section: Literature Reviewmentioning
confidence: 99%