The Rebirth of the Greek Labor Market Building Toward 2020 After The Global Financial Meltdown

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Format: Hardcover
Pub. Date: 2014-12-17
Publisher(s): Palgrave Macmillan
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Summary

The Rebirth of the Greek Labor Market provides evidence of the macroeconomic evolution of the Greek economy, as well as current conditions in the labor market, to suggest potential areas of growth following the crisis. The contributors of this collection focus on three main issues that make the overall volume distinctive. Firstly, the authors develop a macro-econometric model for the Greek economy, which is flexible in terms of policy analysis and provides reasonable forecasts for the period between 2014-2020, under three scenarios. Secondly, the authors analyze the dynamism in the Greek economy, as well as the problematic Greek labor market. Lastly, using the estimations provided by the macro-econometric model developed, an input-output analysis is conducted - for every one of the three scenarios - in order to investigate and quantify the impact of the economic crisis, not only to the total employment but also in the number of employees by occupation, for all productive sectors of the economy. Using this structure, this indispensable new volume identifies the occupations, professions, and sectors with the greatest losses, as well as those showing a positive momentum, up to 2020.

Author Biography

Panagiotis E. Petrakis is Professor at the Department of Economics at the School of Law, Politics and Economics in the National University of Athens, Greece, where he also serves as the Scientific Coordinator of distance education training programs.

Table of Contents

PART I: THE REBALANCING OF THE GREEK ECONOMY AND EMPLOYMENT
1. The Crisis and the Setting of the Recovery; Panagiotis E. Petrakis, Pantelis C. Kostis, Dionysis G. Valsamis
2. Rebalancing and Jobs; Panagiotis E. Petrakis, Dionysis G. Valsamis
3. Structural and Cyclical Unemployment; Panagiotis E. Petrakis, Pantelis C. Kostis, Kyriaki I. Kafka
4. Human Capital Supply; Panagiotis E. Petrakis, Kyriaki I. Kafka
PART II: MARCO PROJECTIONS THROUGH TO 2020
5. Macromodels for the Greek Economy; Panagiotis E. Petrakis, Pantelis C. Kostis
6. A Medium-Term Macro Forecast Model for the Greek Economy; Efthymios G. Tsionas
7. Medium-Term Projections: 2014-2020; Efthymios G. Tsionas, Panagiotis E. Petrakis, Pantelis C. Kostis
PART III: THE LABOR DYNAMISM OF THE GREEK ECONOMY THROUGH TO 2020
8. The Labor Dynamism of the Sectors of Economic Activity; Olympia Kaminioti
9. Input-Output Analysis of Sectoral Labor Dynamism; Svetoslav Danchev, Grigoris Pavlou, Ilias Kostarakos
10. Input-Output Analysis of the Medium-Term Demand of Occupations in the Greek Economy; Svetoslav Danchev, Grigoris Pavlou, Ilias Kostarakos

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