Theoretical and Applied Economics
No. 2 / 2013 (579)
Public policies targeting labour market rigidities
Bucharest University of Economic Studies
Abstract. Labour market rigidity becomes an issue of increasing importance under conditions of shocks associated with the economic crisis due to the need to increase the adaptability and responsiveness to them. Thus, labour market policies must be directed towards mitigating rigidities caused by institutional or demographic factors or certain mismatch between demand and supply of education qualifications. This paper highlights the major role of the active labour market policies targeting the increase of labour flexibility, stressing the importance and impact on the ability to adapt quickly and effectively to macroeconomic shocks. Located on a declining trend in the years preceding the crisis, spending on labour market policies increased in 2009 in all the Member States of the European Union. Spending differences are significant between countries, Romania being at the lowest end of the European Union. This requires special attention because the increased adaptability of workers through training, as active measure, is of major importance considering the increased speed of changes in the labour market.
Keywords: active labour market policies; labour market flexibility; public employment services; training; labour market activation.
Contents
- Has accession to the EU
affected business cycles?
Panagiotis EVANGELOPOULOS
Dimitrios DAPONTAS
- The effect of the Romanian pension market
concentration on the magnitude of pension revenues
Vasile ROBU
Irina Daniela CIŞMAŞU
Maria Iuliana SANDU
- Interest rate channel in Romania: assessing
the effectiveness transmission of monetary policy
impulses to inflation and economic growth
Vasile COCRIŞ
Anca Elena NUCU
- Romania's road to Euro zone.
From structural balance to structural balance
corrected for absorption
Aura-Gabriela SOCOL
- ARDL investment model of Tunisia
Abdulbaset M. HAMUDA
Veronika ŠULIKOVÁ
Vladimír GAZDA
Denis HORVÁTH
- A review of the economic crisis:
solutions and failures in the European Union
Marius-Cristian PANĂ
- Macroprudential policy and financial stability
Bogdan CHIRIACESCU
- Public policies targeting labour market rigidities
Andreea Claudia ŞERBAN
- National policy measures.
Right approach to foreign direct investment flows
Cătălin-Emilian HUIDUMAC-PETRESCU
Radu Marcel JOIA
- Influence of the prudential supervision
over the capitalization
of the Romanian insurance market
Laura Elly NAGHI
- Conceptual aspects regarding balneotherapy tourism
marketing in Romania
Aurelia-Felicia STĂNCIOIU
Codruța-Adina BĂLTESCU
Andreea BOTOȘ
Ion PÂRGARU
- East-European stock exchanges
in the context of financial crisis
Cătălina Claudia SAVA