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With an employment rate among young people (under 25 years) of 23,3% Romania has to find a solution for solving this problem in short terms , otherwise we can face a  constant migration wave of y.. read more

Unemployment is caused by workers moving to new plants utilizing new technology. (“Creative destruction effect.”) (Aghion and Howitt, 1998) Considering the goodness of fit and estimation results, we c.. read more