THE IMPACT OF COMPENSATION PAYMENTS ON EMPLOYMENT, IN REGIONAL STRUCTURES
Compensation payments are considered active labour market policies designed to increase efficiency, to mitigate unemployment and to sustaining employment. We tested this hypothesis for the period 1993-2013, in territorial structures (42 counties) through a dynamic panel model (confirmed by Granger c...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Nicolae Titulescu University Publishing House
2015-07-01
|
| Series: | Challenges of the Knowledge Society |
| Subjects: | |
| Online Access: | http://cks.univnt.ro/uploads/cks_2015_articles/index.php?dir=05_economics%2F&download=CKS+2015_economics_art.094.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1846096385605107712 |
|---|---|
| author | Nicoleta JULA Dorin JULA |
| author_facet | Nicoleta JULA Dorin JULA |
| author_sort | Nicoleta JULA |
| collection | DOAJ |
| description | Compensation payments are considered active labour market policies designed to increase efficiency, to mitigate unemployment and to sustaining employment. We tested this hypothesis for the period 1993-2013, in territorial structures (42 counties) through a dynamic panel model (confirmed by Granger causality tests – Toda-Yamamoto version), and by means of error correction model. We found that the dynamics of regional employment are positively related to expenditure incurred for active policies and there are negatively correlated with the ratio between the unemployment average indemnity (and support allowance) and the average net nominal monthly salary earnings. But, the connexion between employment and compensation payments converges extremely slowly for a long-term stable relationship. |
| format | Article |
| id | doaj-art-27c5067b52f34c9f853e440a6e568225 |
| institution | Kabale University |
| issn | 2068-7796 2068-7796 |
| language | English |
| publishDate | 2015-07-01 |
| publisher | Nicolae Titulescu University Publishing House |
| record_format | Article |
| series | Challenges of the Knowledge Society |
| spelling | doaj-art-27c5067b52f34c9f853e440a6e5682252025-01-02T06:52:26ZengNicolae Titulescu University Publishing HouseChallenges of the Knowledge Society2068-77962068-77962015-07-0151675681THE IMPACT OF COMPENSATION PAYMENTS ON EMPLOYMENT, IN REGIONAL STRUCTURESNicoleta JULA0Dorin JULA1PhD, Faculty of Economics, “Nicolae Titulescu” University of Bucharest (e-mail: nicoletajula@yahoo.com).PhD, Faculty of Economics, Ecological University of Bucharest (e-mail: dorinjula@yahoo.fr).Compensation payments are considered active labour market policies designed to increase efficiency, to mitigate unemployment and to sustaining employment. We tested this hypothesis for the period 1993-2013, in territorial structures (42 counties) through a dynamic panel model (confirmed by Granger causality tests – Toda-Yamamoto version), and by means of error correction model. We found that the dynamics of regional employment are positively related to expenditure incurred for active policies and there are negatively correlated with the ratio between the unemployment average indemnity (and support allowance) and the average net nominal monthly salary earnings. But, the connexion between employment and compensation payments converges extremely slowly for a long-term stable relationship.http://cks.univnt.ro/uploads/cks_2015_articles/index.php?dir=05_economics%2F&download=CKS+2015_economics_art.094.pdfemploymentcompensation paymentdynamic panel modelscausality testserror correction model. |
| spellingShingle | Nicoleta JULA Dorin JULA THE IMPACT OF COMPENSATION PAYMENTS ON EMPLOYMENT, IN REGIONAL STRUCTURES Challenges of the Knowledge Society employment compensation payment dynamic panel models causality tests error correction model. |
| title | THE IMPACT OF COMPENSATION PAYMENTS ON EMPLOYMENT, IN REGIONAL STRUCTURES |
| title_full | THE IMPACT OF COMPENSATION PAYMENTS ON EMPLOYMENT, IN REGIONAL STRUCTURES |
| title_fullStr | THE IMPACT OF COMPENSATION PAYMENTS ON EMPLOYMENT, IN REGIONAL STRUCTURES |
| title_full_unstemmed | THE IMPACT OF COMPENSATION PAYMENTS ON EMPLOYMENT, IN REGIONAL STRUCTURES |
| title_short | THE IMPACT OF COMPENSATION PAYMENTS ON EMPLOYMENT, IN REGIONAL STRUCTURES |
| title_sort | impact of compensation payments on employment in regional structures |
| topic | employment compensation payment dynamic panel models causality tests error correction model. |
| url | http://cks.univnt.ro/uploads/cks_2015_articles/index.php?dir=05_economics%2F&download=CKS+2015_economics_art.094.pdf |
| work_keys_str_mv | AT nicoletajula theimpactofcompensationpaymentsonemploymentinregionalstructures AT dorinjula theimpactofcompensationpaymentsonemploymentinregionalstructures AT nicoletajula impactofcompensationpaymentsonemploymentinregionalstructures AT dorinjula impactofcompensationpaymentsonemploymentinregionalstructures |