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Regional Unemployment In Spain
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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 Regional Labor Mobility in Spain by : Lucy Qian Liu
Download or read book Regional Labor Mobility in Spain written by Lucy Qian Liu and published by International Monetary Fund. This book was released on 2018-12-13 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Spanish Regional Unemployment by : Alejandro Garcia-Cintado
Download or read book Spanish Regional Unemployment written by Alejandro Garcia-Cintado and published by . This book was released on 2014-02-28 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unemployment and Labour Market Flexibility by : Juan Jimeno
Download or read book Unemployment and Labour Market Flexibility written by Juan Jimeno and published by International Labour Organization. This book was released on 1994 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estudio donde se examinan las razones para la gran persistencia e incremento del desempleo en España a partir de los primeros años de la década de los setenta, centrándose particularmente en la flexibilidad como principal razón para la ineficacia del mercado laboral.
Book Synopsis Unemployment Persistence and Mismatch by : Raquel Fonseca
Download or read book Unemployment Persistence and Mismatch written by Raquel Fonseca and published by Presses univ. de Louvain. This book was released on 2002 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Regional Unemployment in Spain by : Roberto Bande
Download or read book Regional Unemployment in Spain written by Roberto Bande and published by . This book was released on 2005 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Regional Migration in Spain by : Pablo Antolín
Download or read book Regional Migration in Spain written by Pablo Antolín and published by . This book was released on 1993 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Policy Responses to Regional Unemployment by : Sara Davies
Download or read book Policy Responses to Regional Unemployment written by Sara Davies and published by . This book was released on 2001 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1.Summary of results - 2.Eastern Germany - 3.the Spanish objective 1 regions - 4.Southern Italy.
Download or read book Regional Unemployment in Spain written by and published by . This book was released on 2005 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on Regional Labour Markets in Spain by : Celia Melguizo Cháfer
Download or read book Essays on Regional Labour Markets in Spain written by Celia Melguizo Cháfer and published by . This book was released on 2018 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis analyses the impact of the recession on the regional labour markets in Spain by considering three different aspects: the regional unemployment sensitivity to economic variations, the minimum wage effect on youth employment rate and finally, the role of the labour market determinants on internal migration. Firstly, we explore the inverse relationship between unemployment and GDP for the Spanish provinces and the period ranging 1985-2013. After testing the time series properties of provincial GDP and unemployment, we specify static and dynamic versions of the Okun's law using VAR and PVAR techniques. Both static and dynamic analyses lead us to determine that provinces show large differences in their unemployment sensitivity to GDP shocks. In particular, provinces that show less diversified industries, a more developed services sector and higher rates of labour participation suffer from higher variations in unemployment rates. In the following analysis we evaluate the effect of minimum wages on regional employment rates, taking especially into consideration its influence on youth employment. The work contributes to the literature by focusing on the analysis of a recessionary period but also by considering spatial effects in order to capture the interactions between regional labour markets. The obtained results have shown a negative but quite small effect of the Kaitz index on the employment rate. The disaggregation of youth population into different age groups has allowed us to identify that the youth group most affected by minimum wages is the one between 20 and 24 years old, which is the most common age group of workers that face the school-to-work transition. Finally, we analyse the main determinants of migration between 45 Spanish Functional Urban Areas during the period of the recent economic downturn, in which factors traditionally related to internal migration such as real wages and employment have greatly declined. In order to perform the analysis, we have resorted to a gravity model for bilateral migration flows where several controls and different complex structures of fixed effects have been included in order to avoid potential endogeneity problems as a consequence of variables omission. Results show that real average wages are relevant migration determinants. They exert a strong influence, especially in foreigners and returned nationals and also, they behave as expected for the working age groups. However, the effect of employment rate on migration flows is less clear. The inconclusive results on the role of employment rate on migration are in line with results obtained in eighties and early nineties highly instability period, when migration phenomenon was labelled as "an enigma".
Book Synopsis Regional Unemployment in Spain by : Roberto Bande Ramudo
Download or read book Regional Unemployment in Spain written by Roberto Bande Ramudo and published by . This book was released on 2005 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labour Market Flexibility and Regional Unemployment Rate Dynamics by : Roberto Bande
Download or read book Labour Market Flexibility and Regional Unemployment Rate Dynamics written by Roberto Bande and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper aims to shed light in the dynamics of Spanish regional unemployment rates and determine the driving forces of their disparities. The Spanish economy has one of the highest unemployment rates in the EU and is characterised by severe regional disparities. We apply the chain reaction theory of unemployment according to which the evolution of unemployment is driven by the interplay of lagged adjustment processes and the spillover effects within the labour market system. Our model includes nationwide as well as region-specific variables, and takes into account the limited labour and firm mobility in Spain. We show that the degree of labour market flexibility differs between high and low unemployment regions, and find that investment has a major influence on the unemployment trajectory. In addition, we find that in bad times high unemployment regions are hit more severely than low unemployment regions, while in good times high unemployment regions do not benefit as much as low unemployment regions"--Forschungsinstitut zur Zukunft der Arbeit web site.
Book Synopsis Convergence and Divergence Among Regional Unemployment Disparities by : Amy Lynn Hayes
Download or read book Convergence and Divergence Among Regional Unemployment Disparities written by Amy Lynn Hayes and published by . This book was released on 2000 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The NRU and the Evolution of Regional Disparities in Spanish Unemployment by : Roberto Bande
Download or read book The NRU and the Evolution of Regional Disparities in Spanish Unemployment written by Roberto Bande and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: On both theoretical and empirical grounds, this paper provides evidence that refutes the natural rate of unemployment (NRU) hypothesis as an explanation of the evolution of regional disparities in the unemployment rate. We first present our analytical framework, which follows the chain reaction theory (CRT) of unemployment and argues that (i) a system of interactive labour market equations, rather than a single-equation unemployment rate model, is better equipped to accommodate unemployment dynamics, and (ii) due to the interplay of frictions and growth in labour markets, the NRU ceases to be an attractor of the unemployment rate time path. We then provide evidence that the Spanish economy is characterised by large and persistent disparities in the regional unemployment rates. Through standard kernel density tecnhiques, we demonstrate the existence of marked differences between two groups of high and low unemployment regions that remain stable in their composition through time. Finally, we review our empirical labour market model for each group of regions and evaluate the corresponding natural rates. Our findings confirm that the evolution of regional disparities cannot be attributed to disparities in the natural rates, given that these, although different, do not act as an attractor of unemployment. Thus, the NRUs offer little help in the formulation of labour market policies. -- Regional unemployment ; Disparities ; Kernel ; Natural rate ; Frictional growth
Book Synopsis Perspectives on Regional Unemployment in Europe by : Mr.Paolo Mauro
Download or read book Perspectives on Regional Unemployment in Europe written by Mr.Paolo Mauro and published by International Monetary Fund. This book was released on 1999-05-17 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: The third stage of European Economic and Monetary Union (EMU) was implemented in January 1999 against the specter of persistently high unemployment in many of the participating countries. While the high European unemployment has received considerable attention, this new IMF staff study analyzes an equally important issue: the extent of regional unemployment disparities in certain countries. The paper focuses on large and persistent differences in regional unemployment rates within several European countries. The paper includes detailed case studies of two euro area countries where regional disparities in unemployment are striking- Italy and Spain. The studies emphasize that wages are unresponsive to local labor market conditions.
Book Synopsis An analysis of the convergence of Spain's regional unemployment rates by : Alfonso Moral de Blas
Download or read book An analysis of the convergence of Spain's regional unemployment rates written by Alfonso Moral de Blas and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Understanding the Effects of Homeownership and Regional Unemployment Levels on Migration During the Economic Crisis in Spain by : Isabel Palomares-Linares
Download or read book Understanding the Effects of Homeownership and Regional Unemployment Levels on Migration During the Economic Crisis in Spain written by Isabel Palomares-Linares and published by . This book was released on 2016 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Spanish labour market is characterised by high levels of unemployment, which have increased during the global economic crisis. Spain is also a country which is characterised by a very high percentage of homeownership, with more than 83% of households being owner-occupiers. Both regional levels of unemployment and homeownership are known to be important factors influencing the spatial mobility decisions of households, but little is known about how these factors influenced mobility during the recent economic crisis.This paper uses rich individual level microdata from the last two Spanish censuses (2001 and 2011) to study the effect of homeownership and regional unemployment levels on both short and long distance mobility. Our finding suggest that the role, influence and interconnection of unemployment and homeownership in mobility decision have changed in the last decade.
