engleski

Croatia's Beveridge Curve And Estimation Of Natural Rate Of Unemploymen t: 1990.-2008.

This paper explores the relationship between unemployment (UR) and job vacancies rate (VR) in the Croatia labor market during the observed period of 1990 – 2008 quartarly observations on the basis of empirical analysis using the framework of the UV Curve also known as the Beveridge Curve. We estimated the natural rate of unemployment (in static and dynamic time varying equilibrium version) as a concept which follows from Beveridge Curve theory that says that changes in vacancy rate push unemployment in opposite directions.

Beveridge Curve; unemployment rate; job vacancies rate; natural rate of employment.

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