TITLE:
Determinants of Employability of Young People in Congo
AUTHORS:
Constant Mathieu Makouezi, Ronel Guelor Ngobila
KEYWORDS:
Employability, Microeconomic Determinants, Macroeconomic Determinants
JOURNAL NAME:
Theoretical Economics Letters,
Vol.12 No.2,
March
10,
2022
ABSTRACT: The objective of this paper is to analyze the
determinants of employability of young people in Congo. To achieve this aim, we
have combined both methodological approaches:
the microeconomic approach and macroeconomic approach. The approach
microeconomic highlights the microeconomic determinants from binary and
multinomial logit models applied to the survey data of National Institute of
Statistics while the macroeconomic approach estimates the macroeconomic
determinants using the autoregressive models applied to aggregate data from the
World Bank. The results show that the employability of young people depends on
both microeconomic and macroeconomic factors. Take about microeconomic,
education, individual gender, age; location residence and affiliate to a work
organization are the main determinants of the employability. A macroeconomic level,
analyzes have shown that GDP and gross fixed capital formation as well as
imports are determinants of the employability of young people.