The relationship between youth unemployment and Economic Growth in Central and Eastern European countries: An empirical analysis

Çalışmada, genç işsizliği ve ekonomik büyüme arasındaki ilişki, yeni panel veri analizi veeşbütünleşme testleri kullanılarak, Okun Yasası kapsamında, analiz edilmiştir. Çalışmanınkonusunu genç işsizlik oranı AB (AB -28) ortalamasının üzerinde olan 18 Merkezi ve DoğuAvrupa ülkesi oluşturmaktadır. Çalışmanın sonuçları, genç işsizliğini derin yaşayan bir ülkede,ekonomik büyümenin, genç işsizliğini azaltmada tek başına yeterli olmayacağını göstermektedir.Küresel ve ülke koşullarına has; genç istihdamı ve piyasa üzerinde etkili sonuç verecekpolitikaların geliştirilmesi tavsiye edilmektedir. Çalışmanın işsizlik ve sosyal çatışma konusundanyapılan çalışmalara önemli bir katkı sağlaması beklenmektedir.

Orta ve Doğu Avrupa Ülkelerinde genç işsizliği ve ekonomik büyüme arasındaki ilişki: Ampirik analiz

The study has analyzed the relationship between youth unemployment and economic growth, inthe context of Okun law, by using new generation panel data analysis and cointegration tests. Inthis study, 18 Central and Eastern European country have been selected as subject matter whoseyouth unemployment rate is above the EU - 28 average (25 %) for the period 2006-2012. Theresults show that, if youth unemployment is quite severe; even an exclusive economic growth willnot be enough to reduce the youth unemployment rate in the country. It is recommended that theglobal and country-specific policies which are effective, result-driven on youth (Un) employmentand labour marke t issues, should be developed. This study is expected to make a significantcontribution to the literature on unemployment and social conflict.

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