The impact of Covid-19 on the quality of human capital for the economic development of Azerbaijan

The COVID-19 pandemic has significant consequences in many areas and has largely contributed to rising unemployment in almost all countries. The situation is similar in Slovakia, where various degrees of shut-down measures have caused an inflow of newly unemployed people in all age groups. This article focuses on unemployed youth as a vulnerable and disadvantaged group of the working population, as starting a career during a pandemic is complicated or even impossible in some industries under these conditions. In this study, the real situation in Slovakia in 2020-2021 is compared with the development of the job market before the pandemic. The main contribution of the study is the quantification of the extent of the pandemic impact on unemployed youth, but also on other age groups; this evaluation can be considered very accurate given the counterfactual approach used. The results of this study can be used in practice to identify the most affected groups of the population and to implement policy measures aimed at mitigating the effects of the pandemic, and then to adjust the intensity and amount of allocated funds that will be needed to be spent to support the placement of young people into the labor market.

Section: Literature Reviewmentioning

confidence: 99%

The rise in youth employment? Impact evaluation of COVID-19 consequences

Švábová

Gabrikova

2021

“…The core explanatory variable of this paper is the human capital level of the rural labor force. Based on the previous studies, this paper selects the education level as the proxy variable of human capital (Ismayilzade et al, 2021).…”

Section: Data and Empirical Strategymentioning

confidence: 99%

Influence of the development of human capital and social identification of the rural laborers’ mobility in rural strategy revitalization in China

Xiang

Zhu

Teo

et al. 2022

This paper presents an empirical analysis of the relationship between human capital and rural laborers’ willingness to return to their hometowns based on the moderating effect of identity in China. The results show that the level of human capital significantly affects the willingness of the mobile population to return to their hometowns, but this effect is reversed, i.e., the increase in the level of human capital reduces the willingness of rural laborers to return to their hometowns. The urban identity of rural laborers after flowing into cities has a significant positive moderating effect on their willingness to return to their hometowns. Improving the carrying capacity of economic development in rural areas, further strengthening infrastructure construction in rural areas to provide the material basis for rural revitalization and labor force return, and at the same time strengthening the education and training of farmers to enhance their main status is recommended.

“…Economic activities experienced a significant downturn during the COVID-19 outbreak. Many sectors were affected (Megits et al, 2020;Ismayilzade et al, 2021), including financial markets (Kristanti et al, 2022). The spread of the virus also harmed investors, causing rapid short time losses.…”

Section: Introductionmentioning

confidence: 99%

Did COVID-19 challenge the volatility of the sustainable stock market? An examination of Asian market

Nur Aji Cokro Darsono,

Le-Dinh,

Trong Than

et al. 2023

The coronavirus outbreak at the end of 2019 hit many aspects of the financial sector, especially the stock market. This research examines the impacts of the COVID-19 pandemic, exchange rates, gold price, and the Brent oil price on the volatility of the Sustainable Stock Market in Asia. A quantitative research method is applied using average monthly panel data from March 2020 to April 2022, covering the COVID-19 pandemic period. We employed panel regressions and applied Feasible Generalized Least Square (FGLS) in the analysis, which also serves as a robustness check. This study contributes to the literature by examining the variables significantly impacting sustainable investing, particularly in the sustainable stock market. Empirical results find that COVID-19, gold price and the exchange rate have negatively affected sustainable stock market volatility, while the Brent oil price has a positive impact on the volatility of the sustainable stock market. This study's recommendations infer that both investors and managers should consider the increase of COVID-19 cases and frequency-varying exchange rates to the USD on the Asian sustainable stock market volatility.