Spanish Regional Unemployment
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Spanish Regional Unemployment
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Author : Alejandro García-Cintado
language : en
Publisher: Springer Science & Business Media
Release Date : 2014-01-18
Spanish Regional Unemployment written by Alejandro García-Cintado and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-01-18 with Business & Economics categories.
This work investigates the time series properties of the unemployment rate of the Spanish regions over the period 1976-2011. For that purpose, the authors employ the PANIC procedures of Bai and Ng (2004), which allows to decompose the observed unemployment rate series into common factor and idiosyncratic components. This enables the authors to identify the exact source behind the hysteretic behaviour found in Spanish regional unemployment. Overall, the analysis with three different proxies for the excess of labour supply renders strong support for the hysteresis hypothesis, which appears to be caused by a common stochastic trend driving all the regional unemployment series. In the second part of the analysis the authors try to determine the macroeconomic and institutional factors that are able to explain the time series evolution of the common factor, and in turn help us shed light on the ultimate sources of hysteresis. The reader shall see how the variables that the empirical analysis emphasises as relevant closely fit into the main causes of the Spanish unemployment behaviour. Finally, some policy considerations drawn from the results are presented.
Spanish Regional Unemployment
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Author : Alejandro Garcia-Cintado
language : en
Publisher:
Release Date : 2014-02-28
Spanish Regional Unemployment written by Alejandro Garcia-Cintado and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-02-28 with categories.
Regional Labor Mobility In Spain
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Author : Lucy Qian Liu
language : en
Publisher: International Monetary Fund
Release Date : 2018-12-13
Regional Labor Mobility In Spain written by Lucy Qian Liu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-13 with Business & Economics categories.
This paper studies the main factors that explain the low regional mobility in Spain, with a view to identifying policy options at the regional and central level to promote labor mobility. The empirical analysis finds that house prices, labor market conditions, and the pervasiveness of labor market duality at the regional level are the main determinants for Spain’s regional mobility, while labor market institutions and policies play an important role at the national level. Policies that facilitate wage setting flexibility and reduce labor market duality could help enhance the functioning of the labor market, thereby promoting labor mobility. There may be also room for policies to incentivize people to move and provide support through targeted active labor market policies.
An Analysis Of The Convergence Of Spain S Regional Unemployment Rates
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Author : Alfonso Moral de Blas
language : en
Publisher:
Release Date : 2003
An Analysis Of The Convergence Of Spain S Regional Unemployment Rates written by Alfonso Moral de Blas and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.
Policy Responses To Regional Unemployment
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Author : Sara Davies
language : en
Publisher:
Release Date : 2001
Policy Responses To Regional Unemployment written by Sara Davies and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with European Economic Community countries categories.
Recoge: 1.Summary of results - 2.Eastern Germany - 3.the Spanish objective 1 regions - 4.Southern Italy.
Unemployment Persistence And Mismatch
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Author : Raquel Fonseca
language : en
Publisher: Presses univ. de Louvain
Release Date : 2002
Unemployment Persistence And Mismatch written by Raquel Fonseca and has been published by Presses univ. de Louvain this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
Since the mid-1970s Spain has suffered from persistently high unemployment, as it has occurred in other parts of Europe. Although during the last few years the unemployment level has declined, there are still enormous disparities in the unemployment rate across groups, skills and regions. This thesis attempts to shed some light on the mechanisms of unemployment persistence and skill and regional mismatch in Spain. Chapter 1 provides a first introductory analysis of Spanish data. The chapter emphasises the importance of skill and regional mismatch, which may have contributed about fifty percent to the observed increase in total unemployment over the last twenty years. The chapter also studies the cyclical pattern in the Spanish unemployment, which is a very important aspect in view of its magnitude. The following three chapters are devoted to the evaluation of different mechanisms that may have been at work. In all three chapters, the analysis relies on the specification, calibration and simulation of dynamic general equilibrium models with matching on the labour market. Chapter 2 focuses on cyclical fluctuations, with particular emphasis on the role of reallocation shocks. Chapter 3 focuses on « skill mismatch »; more precisely the chapter investigates to what extent unemployment rate disparities across skill groups can be explained in terms of a « ladder effect ». Chapter 4 focuses on regional disparities. A model is built to investigate the possible determinants of regional disparities and the role of labour mobility.
Regional Migration In Spain
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Author : Pablo Antolín
language : en
Publisher:
Release Date : 1993
Regional Migration In Spain written by Pablo Antolín and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Migration, Internal categories.
Regional Unemployment Persistence Spain 1976 94
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Author : Samuel Bentolila
language : en
Publisher:
Release Date : 1995
Regional Unemployment Persistence Spain 1976 94 written by Samuel Bentolila and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Economics categories.
Regional Migration In Spain
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Author : Pablo Antolín
language : en
Publisher:
Release Date : 1993
Regional Migration In Spain written by Pablo Antolín and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.
Spain
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Author : International Monetary Fund. European Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2018-11-21
Spain written by International Monetary Fund. European Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-21 with Business & Economics categories.
This Selected Issues paper on Spain focuses on differences in regional productivity. Recent studies of income convergence among Spanish regions suggest that the convergence has been slow since 1980 reflecting persistent regional disparities in total factor productivity. The empirical analysis—employing stochastic frontier models—finds that, among other factors, differences in regions’ skills mismatch and technology absorption capacity could be behind the disparities. A benchmarking exercise demonstrates significant potential growth benefits from policy measures that would bring regions closer to the frontier. Regional income disparities—driven by differences in total factor productivity (TFP) and unemployment—while not large compared with European peers, have been persistent in recent years. The economy’s overall productivity frontier moved inward overtime, but this trend has slowed down after the crisis. The inward shift of the production frontier could be one of the explanations for the negative TFP growth observed before the crisis. Active labor market policies at the regional level could also work toward addressing skills mismatch and education outcomes.