The analysis of the regional disproportions in the labor market in the Republic of Serbia

Kostadinović, Ivana; Stanković, Sunčica

doi:10.5937/ekonomika2001025k

Cited by 3 publications

(2 citation statements)

References 10 publications

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“…Anić and Vuksanović (2019) gave another analysis, this time with a review of the problems of inequality in the amount of wages. Kostadinović and Stanković (2020) dealt with the level of wages in the Republic of Serbia and regional differences in the amount of wages. The publication Trends of the Statistical Office of Serbia regularly publishes basic data on wages and analyses the movement of the index of nominal and real wages (Statistical Office of Serbia, 2021, 34-35).…”

Section: Theoretical Fundamentals and Literature Reviewmentioning

confidence: 99%

Nominal and real wages in the Republic of Serbia 2001-2020

Radović-Stojanović¹,

Đerić²,

Ljubojević³

2022

Ekonomika

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The aim of this paper is to present, decompose and analyze time series of average gross and net nominal and real wages in the Republic of Serbia. The paper presents monthly time series of wages for the period from January 2001 to December 2020. Time time series of wages are seasonally adjusted using the software JDemetra +, ver. 2.1.0 and the X13-ARIMA program. Real gross and net wages were obtained by dividing the series of nominal average gross and net wages by the retail price index (until January 2009) and then by the consumer price index (since January 2009). It has been noticed that there are three periods in the movement of time series of wages. In the period before the Global Financial and Economic Crisis (2000-2008), nominal and real wages recorded a strong upward trend. In the post-crisis period, from 2009 to 2017, there was a slowdown in wage growth. In that period, nominal wages were rising, and as a consequence of inflation, real wages stagnated. In the third period, from 2018-2020, due to wage growth in the public sector and low and stable inflation rates, both nominal and real wages have been growing. The beginning of each of these three periods coincides with changes in the methodology of calculating the average wage, which affected the appearance and variability of time series of wages, and especially the seasonal component in the series.

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Section: Theoretical Fundamentals and Literature Reviewmentioning

confidence: 99%

Nominal and real wages in the Republic of Serbia 2001-2020

Radović-Stojanović¹,

Đerić²,

Ljubojević³

2022

Ekonomika

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“…Most of the economic events in the Republic of Serbia take place in the capital Belgrade and its surroundings, and two or three other larger urban areas, but to a much lesser extent. Uneven regional development is a feature of the Republic of Serbia (Kostadinović and Stanković, 2020). The consequence is that most of the national territory remains insufficiently valorized and economically exploited.…”

Section: Introductionmentioning

confidence: 99%

Innovation Clusters as an Association Model of the Small and Medium-Sized Enterprises: The Context of Regional Development

Kostadinović¹,

Stanković²

2020

LIMEN - International Scientific-Business Conference - Leadership, Innovation, Management and Economics: Integrated Politics Of

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Numerous empirical studies have long been indicated the importance of business infrastructure for economic and regional development. Ensuring long-term economic growth, as well as the creation and development of small and medium enterprises (SMEs), as key drivers of the development of modern economies, requires a high level of efficiency and flexibility of business infrastructure. In the Western Balkans, the absence of a coherent business infrastructure network is the biggest obstacle to the rapid growth of their economies. For this reason, the activities of the Western Balkan governments in the future should be aimed at developing a network of business infrastructure in order to increase the share of the knowledge and services sector with high added value in the economic structure. This paper aims to point out the role of innovative clusters as a model of associating SMEs in the context of regional development.

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Labor market in Serbia: The problem of undeclared work

Šutaković¹,

Simović²

2021

Ekon: teor praks

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The focus of our research is the problem of undeclared work in the labor market in Serbia. We have investigated how frequent it is and what are the main reasons for it. Likewise, we have tested differences between different groups of employees and their level of undeclared work and their reasons for accepting it. The research is done based on the survey conducted in the Republic of Serbia in 2020. The obtained data from the survey was analysed by descriptive statistics, t-tests, and one-way analysis of variance (ANOVA).

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The analysis of the regional disproportions in the labor market in the Republic of Serbia

Cited by 3 publications

References 10 publications

Nominal and real wages in the Republic of Serbia 2001-2020

Nominal and real wages in the Republic of Serbia 2001-2020

Innovation Clusters as an Association Model of the Small and Medium-Sized Enterprises: The Context of Regional Development

Labor market in Serbia: The problem of undeclared work

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