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Explaining Unemployment In Spain
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Book Synopsis Explaining Unemployment in Spain by : Mr.Jeffrey R. Franks
Download or read book Explaining Unemployment in Spain written by Mr.Jeffrey R. Franks and published by International Monetary Fund. This book was released on 1994-09-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24.6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief discussion of recent labor market reform measures and their likely Impact. A demographic shift in recent years has produced a large rise in female labor force participation and a decrease in agricultural jobs to which the economy has been unable to adjust. The effects of generous unemployment benefits and the large underground economy may explain 6–12 percentage points of the resulting unemployment, but the remainder must be explained by failures and rigidities in the labor market. The paper presents econometric evidence that unemployment displays hysteresis, and that wages are not responsive to changes in the unemployment rate. This evidence supports the claim that insider-outsider factors and rigidities in the legal structure of the labor market are responsible for much of the high unemployment rate. Recent reforms have improved the functioning of the labor market, but they are unlikely to be sufficient to reduce unemployment to single digit rates without further action.
Book Synopsis Explaining Unemployment in Spain by : Jeffrey Franks
Download or read book Explaining Unemployment in Spain written by Jeffrey Franks and published by . This book was released on 1994 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Explaining Unemployment in Spain: Structural Change, Cyclical Fluc- Tuations, and Labor Market Regidities by : J. R. Franks
Download or read book Explaining Unemployment in Spain: Structural Change, Cyclical Fluc- Tuations, and Labor Market Regidities written by J. R. Franks and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Explaining the Dynamics of Spanish Unemployment by : Humberto López
Download or read book Explaining the Dynamics of Spanish Unemployment written by Humberto López and published by . This book was released on 1996 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most important problems of the Spanish economy is unemployment. In this paper we provide an explanation for Spanish unemployment. We show that the Spanish economy is consistent with an insiders-outsiders model with full hysteresis and increasing labour supply in which output, unemployment and consumption are driven by a common monetary trend. We also show that, if we discount demographic factors and job destruction in agriculture, Spaish unemployment has followed closely, although with a lag of around two years, the evolution of Spanish monetary policy and it would have been in 1994 at the level of 1977. Finally, we provide some evidence supporting the hypothesis that the last recession was caused by the tight monetary policy of the eighties and early nineties.
Author :Alejandro García-Cintado Publisher :Springer Science & Business Media ISBN 13 :3319036866 Total Pages :71 pages Book Rating :4.3/5 (19 download)
Book Synopsis Spanish Regional Unemployment by : Alejandro García-Cintado
Download or read book Spanish Regional Unemployment written by Alejandro García-Cintado and published by Springer Science & Business Media. This book was released on 2014-01-18 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Explaining the Transitions Out of Unemployment in Spain by : Alfonso Alba Ramírez
Download or read book Explaining the Transitions Out of Unemployment in Spain written by Alfonso Alba Ramírez and published by . This book was released on 1996 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Explaining the Transitions Out of Unemployment in Spain by : Alfonso Alba
Download or read book Explaining the Transitions Out of Unemployment in Spain written by Alfonso Alba and published by . This book was released on 1996 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The New Politics of Unemployment by : Hugh Compston
Download or read book The New Politics of Unemployment written by Hugh Compston and published by Routledge. This book was released on 2002-09-11 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first comparative study of the politics of policy innovation in the field of unemployment. The contributors provide a thorough and lucid analysis of past government failures, and look to possible future strategies.
Book Synopsis Explaining Youth Labour Market Problems in Spain by : Juan José Dolado
Download or read book Explaining Youth Labour Market Problems in Spain written by Juan José Dolado and published by . This book was released on 2000 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Explaining Youth Labor Market Problems in Spain by : Juan José Dolado
Download or read book Explaining Youth Labor Market Problems in Spain written by Juan José Dolado and published by . This book was released on 2000 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Explaining Social Behavior by : Jon Elster
Download or read book Explaining Social Behavior written by Jon Elster and published by Cambridge University Press. This book was released on 2015-07-30 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: A substantially revised edition of Jon Elster's critically acclaimed book exploring the nature of social behavior and the social sciences.
Book Synopsis Fighting Unemployment by : David R. Howell
Download or read book Fighting Unemployment written by David R. Howell and published by Oxford University Press. This book was released on 2005 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critically assessing the widely accepted view that the cause of unemployment is excessive labor market regulation and overly generous welfare state benefits, this book's chapters include both cross-country statistical analyses and country case studies.
Book Synopsis The Oxford Handbook of Spanish Politics by : Diego Muro
Download or read book The Oxford Handbook of Spanish Politics written by Diego Muro and published by Oxford University Press, USA. This book was released on 2020-02-11 with total page 765 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Oxford Handbooks offer authoritative and up-to-date surveys of original research in a particular subject area. Specially commissioned essays from leading figures in the discipline give critical examinations of the progress and direction of debates, as well as a foundation for future research. Oxford Handbooks provide scholars and graduate students with compelling new perspectives upon a wide range of subjects in the humanities, social sciences, and sciences"--
Book Synopsis Explaining High Unemployment in ECCU Countries by : Ronald James
Download or read book Explaining High Unemployment in ECCU Countries written by Ronald James and published by International Monetary Fund. This book was released on 2019-07-11 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, unemployment rates in some ECCU countries have been among the highest globally. This paper evaluates several factors that could explain them, finding that high unit labor costs, in a context of strong unionization, are significantly associated with high structural unemployment, while the global crisis added a cyclical component. Our analysis also suggests that high-paid jobs in the public and tourism sectors, which have been growing considerably in recent decades, could have increased the reservation wage and lowered labor force participation. We find no indication that high structural unemployment is related to the phase out of EU preferences on bananas/sugar exports or to a skills mismatch. As expected, unemployment has been substantially, but only temporarily fueled by large natural disasters.
Book Synopsis Flawed System/Flawed Self by : Ofer Sharone
Download or read book Flawed System/Flawed Self written by Ofer Sharone and published by University of Chicago Press. This book was released on 2013-10-16 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today 4.7 million Americans have been unemployed for more than six months. In France more than ten percent of the working population is without work. In Israel it’s above seven percent. And in Greece and Spain, that number approaches thirty percent. Across the developed world, the experience of unemployment has become frighteningly common—and so are the seemingly endless tactics that job seekers employ in their quest for new work. Flawed System/Flawed Self delves beneath these staggering numbers to explore the world of job searching and unemployment across class and nation. Through in-depth interviews and observations at job-search support organizations, Ofer Sharone reveals how different labor-market institutions give rise to job-search games like Israel’s résumé-based “spec games”—which are focused on presenting one’s skills to fit the job—and the “chemistry games” more common in the United States in which job seekers concentrate on presenting the person behind the résumé. By closely examining the specific day-to-day activities and strategies of searching for a job, Sharone develops a theory of the mechanisms that connect objective social structures and subjective experiences in this challenging environment and shows how these different structures can lead to very different experiences of unemployment.
Book Synopsis Building Primary Care in a Changing Europe by : Dionne S. Kringos
Download or read book Building Primary Care in a Changing Europe written by Dionne S. Kringos and published by World Health Organization. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many citizens primary health care is the first point of contact with their health care system, where most of their health needs are satisfied but also acting as the gate to the rest of the system. In that respect primary care plays a crucial role in how patients value health systems as responsive to their needs and expectations. This volume analyses the way how primary are is organized and delivered across European countries, looking at governance, financing and workforce aspects and the breadth of the service profiles. It describes wide national variations in terms of accessibility, continuity and coordination. Relating these differences to health system outcomes the authors suggest some priority areas for reducing the gap between the ideal and current realities.
Book Synopsis The Spanish Labor Market in a Cross-Country Perspective by : Ms.Florence Jaumotte
Download or read book The Spanish Labor Market in a Cross-Country Perspective written by Ms.Florence Jaumotte and published by International Monetary Fund. This book was released on 2011-01-01 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Spanish labor market is not working: the unemployment rate is structurally very high; wages are not very responsive to labor market conditions, causing a high cyclicality of unemployment; and the labor market is highly dual. Compared with the EU15, Spanish labor market institutions and policies stand out by the structure of its collective bargaining, which occurs mostly at an intermediate level, and by very high severance payments for permanent workers. Based on a quantitative analysis, the paper shows that moving away from the intermediate level of bargaining would go a long way toward bringing the unemployment rate closer to the EU15 average. The key reform needed to reduce the share of temporary workers is reducing employment protection of permanent workers. Substantially reforming the collective bargaining system and reducing the protection of permanent workers are likely to be highly complementary to secure a substantial reduction in the unemployment rate. The recent 2010 labor market reform attempts to address these issues, although its effects are still to materialize.
