Empirical Analysis of the Elasticity of Employment to Output Gap in the Republic of Croatia
This article deals with the impact of cyclical activity of GDP on employment in the Republic of Croatia in the period from 2000 to 2020. According to the prevailing economic paradigm, employment growth follows GDP growth in the long run, but cyclical changes in GDP are also an important factor in mo...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Croatian Interdisciplinary Society
2021-03-01
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Series: | Interdisciplinary Description of Complex Systems |
Subjects: | |
Online Access: | http://indecs.eu/2021/indecs2021-pp94-105.pdf |