Economic Development in Slovakia: Did Growth Generate More Jobs?
Anton Marcinčin and Zuzana Siebertová
World Bank and Comenius University

Abstract: Did growth generate more jobs in Slovakia? While aggregate labor and enterprise statistics suggest positive answer, more sophisticated measure of job flows at microeconomic level shows the opposite. The authors develop simple framework and show limits of the latter approach, particularly because of likely sample selection bias, which often influences results of this type of analyses. The main message of the paper is that estimates of job flows should always be taken with caution, within existing economic environment. The authors also show that, as predicted by theory, jobs in Slovakia are created mainly in the sector of small enterprises and self-employment.