1. bookVolume 29 (2019): Issue 3 (September 2019)
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The Unemployment of Highly Educated People in Romania. A Panel VAR Approach

Published Online: 30 Aug 2019
Page range: 20 - 37
Received: 01 Feb 2019
Accepted: 01 Apr 2019
Journal Details
License
Format
Journal
First Published
30 Mar 2015
Publication timeframe
4 times per year
Languages
English
Copyright
© 2020 Sciendo

The insertion of graduates of higher education on the labor market is one of the problems faced by the Romanian labor market. Based on a VAR model in the panel, the number of unemployed with higher education in Romania is explained in correlation with variables related to the educational environment. As the number of graduates, the number of teaching staff and the number of faculties increase the unemployment rate among people with higher education also increases slightly, showing that they have not immediately integrated into the labor market. A shock (an innovation) in the series of unemployed numbers results in an increase in the number of unemployed and a long-term stabilization of the influence to positive values. A shock to the data series on the number of graduates, the number of faculties and teaching staff does not have an immediate effect on the number of unemployed with higher education.

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