Ebook BookSpanish Regional Unemployment Disentangling the Sources of Hysteresis (SpringerBriefs in Economics)

[Free PDF.cLz1] Spanish Regional Unemployment Disentangling the Sources of Hysteresis (SpringerBriefs in Economics)

[Free PDF.cLz1] Spanish Regional Unemployment Disentangling the Sources of Hysteresis (SpringerBriefs in Economics)

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Book Details :
Published on: 2014-01-28
Released on: 2014-01-28
Original language: English

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 - kobo.com Read Spanish Regional Unemployment Disentangling the Sources of Hysteresis by Diego Romero ... Disentangling the Sources of Hysteresis ... SpringerBriefs in Economics . Spanish Regional Unemployment: Disentangling the Sources ... Buy Spanish Regional Unemployment: Disentangling the Sources of Hysteresis (SpringerBriefs in Economics) ... Spanish Regional Unemployment: Disentangling the Sources ... Spanish Regional Unemployment - Kobo Read Spanish Regional Unemployment Disentangling the Sources of Hysteresis by Diego Romero ... Disentangling the Sources of Hysteresis ... SpringerBriefs in Economics . Spanish regional unemployment : disentangling the sources ... Spanish regional unemployment : disentangling the ... Regional disparities. Hysteresis (Economics) ... Spanish regional unemployment : disentangling the sources ... Spanish Regional Unemployment - Springer Disentangling the Sources of Hysteresis ... SpringerBriefs in Economics. 2014. Spanish Regional Unemployment Disentangling the Sources of Hysteresis. Spanish Regional Unemployment: Disentangling the Sources ... Buy Spanish Regional Unemployment: Disentangling the Sources of Hysteresis at Walmart.com. ... Disentangling the Sources of Hysteresis. ... SpringerBriefs in Economics. Spanish Regional Unemployment Disentangling the Sources of ... Spanish Regional Unemployment Disentangling the Sources ... of Spanish Regional Unemployment ... Unemployment Disentangling the Sources of Hysteresis" ; ... Spanish Regional Unemployment - Disentangling the ... Spanish Regional Unemployment Disentangling the ... Provides an insightful analysis of the sources of hysteresis in Spanish regional ... SpringerBriefs in Economics Spanish Regional Unemployment: Disentangling the Sources ... Spanish Regional Unemployment: Disentangling the Sources of Hysteresis: 0 (SpringerBriefs in Economics) eBook: Alejandro Garcia Cintado Diego Romero-vila ... Diego Romero-vila Carlos Usabiaga Spanish Regional ... Spanish Regional Unemployment Disentangling ... Disentangling the Sources of Hysteresis 123. ... the Spanish Ministry of Economics and
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