| Autor: |
Gabrikova, Barbora, Lopatka, Agnieszka |
| Předmět: |
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| Zdroj: |
Economic & Managerial Spectrum / Ekonomicko-manažérske Spektrum; 2023, Vol. 17 Issue 2, p96-106, 11p |
| Abstrakt: |
Research background: We all regard unemployment as a negative phenomenon. It can have a negative impact on the individual but also on society as a whole. In an effort to reduce unemployment, governments around the world are spending considerable sums of money on financing active labour market policy instruments that help unemployed people to reintegrate into the labour market. It is therefore highly desirable for individual governments to know whether the level of government spending on active labour market policy instruments can influence the unemployment rate in their country. The analysis of the relationship between unemployment rates and government expenditure is crucial not only for policymakers but also for all parties invested in the prosperity of the nation. Purpose of the article: The main aim of this paper is to assess the correlation between government expenditures on active labour market policy and the unemployment rate in Slovakia. Methods: In order to assess the impact of government expenditure on active labour market policy on the unemployment rate in the Slovak Republic, we use correlation analysis, specifically the Pearson correlation coefficient. The data needed for this analysis come from publicly available databases, and we focus our analysis on the period 2009-2021. Findings & Value added: The Pearson correlation coefficient value provides information about the strength of relationship between government expenditure on active labour market policy on the unemployment rate. In this case, the value of the correlation coefficient was -0.469, i.e. it was an indirect moderate linear relationship. Based on the result of the statistical significance test of the correlation coefficient to be zero, i.e. statistically insignificant, and hence government expenditure spent on ALMP instruments and the unemployment rate in the Slovak Republic are uncorrelated. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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