Labour market regulations and high quality employment in EU-15 countries

Employment in Croatia: Insights into the past and the future

“…Labour market is an important segment of any economy and it is connected with the capital market, the market of goods and services, as well as all other economic entities (government, companies and households). Unlike the capital market and the market of goods and services, labour market is subject to far greater fluctuations, restrictions and regulation (Bilbao-Ubillos et al, 2018), which is justified by its impact on business activity due to the labour supply and HRM processes efficiency (Bilan et al, 2020a) as well as reasons for decent quality of life maintaining via the employment and income policy (Karamanis et al, 2018;Mishchuk et al, 2020), including structural changes in economy (Maris, 2019).…”