engleski

Labour Market Flows: Evidence for Austria and Croatia

The aim of this paper is to provide a broader theoretical and empirical framework for investigating the labour market dynamics, which is interpreted as transitions of individuals between different labour market states. The contribution of this paper is reflected in the topic's underrepresentation and the fragmentation problem of conclusions that arise from studies that have been conducted so far. The sample encompasses labour market indicators on transition rates between different labour market states for Austria and Croatia in order to address the issue of labour market dynamics adequately and make a comparison between two different countries in respective to their labour market stability. The analysis is focused on determining the nature of labour market flows and their relation to the size of labour market contingents (changes in number of unemployed, employed and inactive people) for the period between 2010 and 2016.

labour market flows, transition rates, Austria, Croatia, labour market contingents

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