THE CONVERGENCE OF UNEMPLOYMENT RATE IN THE EUROPEAN UNION
THE CONVERGENCE OF UNEMPLOYMENT RATE IN THE EUROPEAN UNION
Author(s): Mihaela Bratu (Simionescu)Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: convergence, unemployment rate, coefficient of variation, Lorenz curve, Gini coefficient, regression
Summary/Abstract: The main objective of this research is to assess the unemployment rate convergence in European Union (EU-27). The inequality and variation indicators showed that during 2004- 2013 there was a decrease in the degree of convergence process. The convergence regression approach provided more important results: the convergence is obvious in precrisis period, the actual economic crisis generating clear unemployment regional disparities. The regression for the entire period (2004-2013) for the 27 countries of European Union showed a slow convergence of the unemployment rate.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 24/2014
- Issue No: 3
- Page Range: 62-69
- Page Count: 8
- Language: English