1. Αποθετήριο Παραδοτέων Υποτρόφων Δράσεων ΕΣΠΑ Τριτοβάθμιας Εκπαίδευσης 2017-2023
2. Όλο το Αποθετήριο
3. Ερευνητικές ομάδες

Τύπος:	Άρθρο σε επιστημονικό περιοδικό
Τίτλος:	Unemployment transitions and the role of minimum wage: from pre-crisis to crisis and recovery
Συγγραφέας:	[EL] Ανδριοπούλου, Ειρήνη[EN] Andriopoulou, Eirini [EL] Καρακίτσιος, Αλέξανδρος[EN] Karakitsios, Alexandros
Ημερομηνία:	19/04/2022
Περίληψη:	During the last decade, unemployment in Greece climbed up to 28%, almost quadrupling due to the economic crisis that hit Greece. In the present paper, we examine the determinants of the unemployment dynamics and the impact of the minimum wage on the probability of making a transition into and out of unemployment. We use micro-level data from the Greek Labour Force Survey (LFS) of the period 2004 to 2019 and control for several demographic fac- tors, macro-economic conditions, regional differences, and changes in the statutory minimum wage. The results suggest that individual-level characteristics play an important role in making a transition into or out of unemployment. Changes in the real minimum wage are estimated to have either a statistically insignificant or a very small impact on unemployment entries and exits. Further, the impact of economy’s growth rate follows the theoretical predictions as higher growth rates increase unemployment outflows and decrease inflows, while the regional differences are also important. Our findings persist even when we split the sample in three periods (pre-crisis, crisis, recovery). The results have important policy implications. Given that the disemployment effect of the minimum wage seems to be very limited in the Greek labor market, while the socioeconomic characteristics and regional characteristics play an import- ant role, improving the skills of individuals through the educational system and reskilling or up-skilling programs while targeting specific regions may facilitate labor market mobility.
Γλώσσα:	Αγγλικά
Σελίδες:	26
DOI:	10.2478/izajolp-2022-0002
EISSN:	2193-9004
Θεματική κατηγορία:	[EL] Οικονομικά[EN] Economics
Λέξεις-κλειδιά:	minimum wage; unemployment transitions; labor mobility; Greek crisis
Κάτοχος πνευματικών δικαιωμάτων:	© The Author(s). 2022 Open Access
Όροι και προϋποθέσεις δικαιωμάτων:	This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Ηλεκτρονική διεύθυνση του τεκμηρίου στον εκδότη:	https://sciendo.com/article/10.2478/izajolp-2022-0002
Ηλεκτρονική διεύθυνση περιοδικού:	https://sciendo.com/journal/IZAJOLP
Τίτλος πηγής δημοσίευσης:	IZA Journal of Labor Policy
Τεύχος:	1
Τόμος:	12
Σελίδες τεκμηρίου (στην πηγή):	Article no 02
Σημειώσεις:	This research is co-financed by Greece and the European Union (European Social Fund - ESF) through the Operational Programme “Human Resources Development, Education and Lifelong Learning 2014-2020” in the context of the project “Mobility in the Greek labour market and the impact of minimum wage (MIS 5049902).”
Εμφανίζεται στις συλλογές:	Ερευνητικές ομάδες