2020
DOI: 10.52547/jpbud.25.2.59
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Estimation and Analysis of Labor Demand Function in Terms of Education and Employment Forecasting Up to the Year 1400

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“…Labor market regulations, both in terms of product market deregulation and labor market deregulation, have an impact on the unemployment rate. Product market deregulation overall reduces the unemployment rate, while labor market deregulation has a short-term negative impact but a long-term positive impact on unemployment [47]. The incidence of skills mismatch, including overeducation and skills underutilization, receives little policy attention, and policy recommendations in this area are often vague or lack evidence [48].…”
Section: Discussionmentioning
confidence: 99%
“…Labor market regulations, both in terms of product market deregulation and labor market deregulation, have an impact on the unemployment rate. Product market deregulation overall reduces the unemployment rate, while labor market deregulation has a short-term negative impact but a long-term positive impact on unemployment [47]. The incidence of skills mismatch, including overeducation and skills underutilization, receives little policy attention, and policy recommendations in this area are often vague or lack evidence [48].…”
Section: Discussionmentioning
confidence: 99%