A Dynamic Analysis of the key destabilizing factors on the Ukrainian labor market. Wage management

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Date
2020
Authors
Donkohlova, Tetiana
Shportyuk, Volodymyr
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Abstract
The state of the labor market is one of the socio-economic parameters that have a significant effect on the development and competitiveness level of the national economy. Labor market plays an important role in ensuring the success of market reforms, especially in the emerging economies such as Ukraine. Moreover, current state of the Ukrainian labor market is also affected by complex political and economic situation and may be generally characterized by a continuous recession and financial imbalances. In spite of a sufficiently wide range of studies dedicated to the analysis of the Ukrainian labor market stability, most papers are more focused just on the statistical analysis and general overview of the market trends. However, dynamic nature of both labor market itself and socio-economic stability of Ukraine requires conducting more comprehensive scientific researches, in particular by applying System Dynamics approach.
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Keywords
labor market, socio-economic stability, state market regulation, conference materials
Citation
Donkohlova T. A Dynamic Analysis of the key destabilizing factors on the Ukrainian labor market. Wage management / Donkohlova Tetiana, Shportyuk Volodymyr // 3rd Annual Research Conference "Theory and practice of system dynamics in finance" : proceedings, December 7, 2020, Kyiv / ed. by Olena Primierova ; National University of Kyiv-Mohyla Academy, Department of Finance, Center of Financial and Economic Research [et al.]. - Kyiv : [Інтерсервіс], 2020. - P. 5-9.