The Influence of Labour Market Determinants on Economic Inequality Measured by Gini Coefficient in Montenegro

被引:0
作者
Popovic, Nemanja [1 ,2 ]
Radovic, Milivoje [1 ]
Duraskovic, Jovan [1 ]
机构
[1] Univ Montenegro, Fac Econ, Podgorica, Montenegro
[2] Univ Montenegro, Fac Econ, Cetinjski Put 2, Podgorica 81000, Montenegro
来源
REVIJA ZA SOCIJALNU POLITIKU | 2023年 / 30卷 / 02期
关键词
Gini coefficient; labor market; VAR models; inequality; INCOME INEQUALITY; WELFARE; COUNTRIES;
D O I
10.3935/rsp.v30i2.1980
中图分类号
D58 [社会生活与社会问题]; C913 [社会生活与社会问题];
学科分类号
摘要
In this paper an analysis is conducted with the aim of a better understanding how the labor market and income inequality in society are connected, examining the relationships between the variables that describe economic inequality and the labor market in Montenegro. The analysis involves the use of econometric techniques and VAR models, which, with the use of impulse response functions and variance decomposition, best reflect the impact of selected labor market variables on economic inequality. The results of the analysis show that the variables of the labor market, namely the unemployment rate and the long-term unemployment rate, proved to be significant in explaining economic inequality, measured by the Gini coefficient. The results of the research can be useful to various researchers dealing with the issue of economic inequality in Montenegro, providing an additional mechanism for analyzing flows and predicting the future values of the determinants of economic inequality. The results also enable a different approach in the analysis of the labor market and the economic inequality in Montenegrin society, which can serve as a basis for many future analyses..
引用
收藏
页码:203 / 221
页数:19
相关论文
共 27 条
[1]  
Akinbobola T.O., 2004, Journal of Economic Policy Reform, V7, P175, DOI DOI 10.1080/1384128042000261800
[2]   Income inequality and economic growth: a panel VAR approach [J].
Atems, Bebonchu ;
Jones, Jason .
EMPIRICAL ECONOMICS, 2015, 48 (04) :1541-1561
[3]   DECENTRALIZATION OF SOCIAL WELFARE AND SOCIAL INEQUALITY: THE CASE OF CROATIA [J].
Babic, Zdenko .
REVIJA ZA SOCIJALNU POLITIKU, 2018, 25 (01) :25-48
[4]  
Chatfield C., 2001, Time-series Forecasting, DOI DOI 10.1201/9781420036206
[5]   ON THE POSITIVE CORRELATION BETWEEN INCOME INEQUALITY AND UNEMPLOYMENT [J].
Cysne, Rubens Penha .
REVIEW OF ECONOMICS AND STATISTICS, 2009, 91 (01) :218-226
[6]  
Dabla-Norris E, 2015, Causes and consequences of income inequality: A global perspective
[7]   The effects of labour market reforms upon unemployment and income inequalities: an agent-based model [J].
Dosi, Giovanni ;
Pereira, Marcelo C. ;
Roventini, Andrea ;
Virgillito, Maria Enrica .
SOCIO-ECONOMIC REVIEW, 2018, 16 (04) :687-720
[8]  
Huskic M., 2018, SBER, V36, P26
[9]  
Jaumotte F., 2015, Inequality and Labor Market Institutions, DOI [10.2139/ssrn.2678639, DOI 10.2139/SSRN.2678639]
[10]  
Jovicic M., 2011, Ekonometrijski metodi i modeli