Decomposition of changes in unemployment in the countries of Central and Eastern Europe in the years 2004–2013 Cover Image

Dekompozycja zmian bezrobocia w krajach Europy Środkowo-Wschodniej w latach 2004–2013
Decomposition of changes in unemployment in the countries of Central and Eastern Europe in the years 2004–2013

Author(s): Eugeniusz Kwiatkowski, Leszek Kucharski
Subject(s): Economy
Published by: Łódzkie Towarzystwo Naukowe
Keywords: unemployment; determinants of unemployment; employment

Summary/Abstract: The aim of the paper is to determine the impact of demand and supply factors on changes in unemployment rates in the countries of Central and Eastern Europe in 2004–2013. In other words, the paper focuses on the decomposition of changes in unemployment rates in the countries studied. The analyses conducted indicate that the importance of employment rates and professional activity rates for the formation of the unemployment rates in the countries of Central and Eastern Europe in the period analysed was correlated with the state of the economy. In the times of prosperity, i.e. in 2004–2008, the strong decline in unemployment rates in all the countries was mainly due to an increase in employment rates. On the other hand, in the years 2008–2010 (the period of the global crisis) a strong rise in unemployment rates in all the countries was the result of a sharp fall in employment rates.

  • Issue Year: 2014
  • Issue No: 93
  • Page Range: 223-244
  • Page Count: 12
  • Language: Polish