An Empirical Application for a Labor Market Model

Authors

  • Marian-Alexandru Zechiu The Bucharest University of Economic Studies, Faculty of Finance, Insurance, Banking and Stock Exchange, Romania

Keywords:

Emilian Dobrescu, labor force participation rate, labor market, unemployment rate

Abstract

The main objective of this study is to highlight some characteristics of the United States’ labor market and to test the validity of a model describing labor market interconnections. The equations are part of a model which has been proven to be valid for the Romanian economy. We considered it worthwhile to test the validity of these labor-market relationships on the economy of The United States of America. The reader should be advised that this study’s purpose is not, by any means, to conduct or influence policy, but merely an examination of the current economic environment, which will be continued with a more detailed approach in the future.

Author Biography

Marian-Alexandru Zechiu, The Bucharest University of Economic Studies, Faculty of Finance, Insurance, Banking and Stock Exchange, Romania

MSc. Student, Doctoral School of Finance and Banking

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Published

2014-01-01

How to Cite

Zechiu, M.-A. (2014). An Empirical Application for a Labor Market Model. International Journal of Economic Practices and Theories, 4(1), 67-76. Retrieved from http://ijept.eu/index.php/ijept/article/view/An_Empirical_Application_for_a_Labor_Market_Model

Issue

Vol. 4 No. 1 (2014)

Section

Articles

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