Employment modelling in Slovakia: Comparing logit models in 2005 and 2009

• Main Authors: Lučkaničová Martina, Ondrušeková Ivana, Rešovsky Marcel
• Format: Article
• Language: English
• Published: Faculty of Economics, Belgrade 2012-01-01
• Series: Ekonomski Anali
• Subjects: Unemployment; labour market; logistic regression; EU SILC; Slovakia
• Online Access: http://www.doiserbia.nb.rs/img/doi/0013-3264/2012/0013-32641292025L.pdf

In this paper we present models based on a statistical modelling approach that explain the effects of selected variables on employment in Slovakia in the years 2005 and 2009. The probability of becoming employed (employability/ odds ratio) was based on individual data from the harmonized EU SILC statistical survey with some socio-economic factors. For quantification of the mentioned variables’ impact on the dependent variable (employment) logistic regression was applied. The results confirmed a positive effect of work experience and the highest level of education attained on employability. Conversely, in some cases age showed a negative effect on the dependent variable, and to some extent gender also had a significant effect. In terms of region, a lower chance of becoming employed was found for inhabitants in Eastern Slovakia when compared to other regions.