Labour Market Transitions and Their Determinants in Slovakia: Path from Crisis to Recovery

Abstract

The paper brings analyses of the transitions betwee n employment, unemployment and inactivity during and after the period of the financial and economic crisis, using longitudinal micro-data from the Euro pean Union Survey on Income and Living Conditions. The empirical analysis consi sts of two steps. An overall picture is obtained by computing transition probabi lities and Shorrocks’ summary mobility index. Effects of personal and household c haracteristics are explored through multinomial logit models. Our results confi rm the low level of labour market mobility in Slovakia and the role of some de terminants highlighted by previous research. In addition, analysis takes into account several new determinants that have not been included in the previous a nalyses.