Abstract:

The global economic crisis triggered in 2008, followed by the current health crisis, have slowed Romania’s economic progress registered after the transition to a market economy system. In this paper, we perform an analysis of the relationship between unemployment and economic growth, inflation and public debt in Romania, considering quarterly data between the years 2000-2020. This paper used time-series Vector Error Correction Model (VECM) technique and the main results suggests that economic growth, inflation and public debt impact the unemployment rate in Romania.