<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></abstract>

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.

The Unemployment of Highly Educated People in Romania. A Panel VAR Approach

Institute for Economic Forecasting of the Romanian Academy

Centre for Migration Studies in Prague Business School

Studia Universitatis „Vasile Goldis” Arad – Economics Series

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"The Unemployment of Highly Educated People in Romania. A Panel VAR Approach"}

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...

The Unemployment of Highly Educated People in Romania. A Panel VAR Approach

Publicado en línea: 30 ago 2019

Páginas: 20 - 37

Recibido: 01 feb 2019

Aceptado: 01 abr 2019

DOI: https://doi.org/10.2478/sues-2019-0010

Palabras clave
unemployment, panel VAR model, higher educated graduates, faculties

© 2019 Mihaela Simionescu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The Unemployment of Highly Educated People in Romania. A Panel VAR Approach

Publicado en línea: 30 ago 2019

Páginas: 20 - 37

Recibido: 01 feb 2019

Aceptado: 01 abr 2019

DOI: https://doi.org/10.2478/sues-2019-0010

Palabras claveunemployment, panel VAR model, higher educated graduates, faculties

© 2019 Mihaela Simionescu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Palabras clave
unemployment, panel VAR model, higher educated graduates, faculties