Coverart for item
The Resource Spanish Regional Unemployment : Disentangling the Sources of Hysteresis, by Alejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga, (electronic resource)

Spanish Regional Unemployment : Disentangling the Sources of Hysteresis, by Alejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga, (electronic resource)

Label
Spanish Regional Unemployment : Disentangling the Sources of Hysteresis
Title
Spanish Regional Unemployment
Title remainder
Disentangling the Sources of Hysteresis
Statement of responsibility
by Alejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga
Creator
Contributor
Author
Author
Subject
Language
eng
Summary
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.--
Member of
Assigning source
Provided by publisher
http://library.link/vocab/creatorName
García-Cintado, Alejandro
http://bibfra.me/vocab/relation/httpidlocgovvocabularyrelatorsaut
  • t6UXdwfTPcc
  • WUaYRd_TX3Y
  • 9MZCTfnMpSc
Image bit depth
0
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
  • Romero-Ávila, Diego
  • Usabiaga, Carlos
Series statement
  • SpringerBriefs in Economics,
  • Springer eBooks.
http://library.link/vocab/subjectName
  • Labor economics
  • Macroeconomics
  • Economic policy
  • Regional economics
  • Spatial economics
Label
Spanish Regional Unemployment : Disentangling the Sources of Hysteresis, by Alejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga, (electronic resource)
Link
https://eui.idm.oclc.org/login?url=https://doi.org/10.1007/978-3-319-03686-1
Instantiates
Publication
Antecedent source
mixed
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
not applicable
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Introduction -- PANIC Analysis of Spanish Regional Unemployment -- Explaining the Common Stochastic Trend in Spanish Regional Unemployment: Granger-Causality Analysis -- Policy Considerations Drawn from Our Results -- Concluding Remarks -- Appendix
Control code
978-3-319-03686-1
Dimensions
unknown
Edition
1st ed. 2014.
Extent
1 online resource (IX, 68 pages)
File format
multiple file formats
Form of item
  • online
  • electronic
Governing access note
Use of this electronic resource may be governed by a license agreement which restricts use to the European University Institute community. Each user is responsible for limiting use to individual, non-commercial purposes, without systematically downloading, distributing, or retaining substantial portions of information, provided that all copyright and other proprietary notices contained on the materials are retained. The use of software, including scripts, agents, or robots, is generally prohibited and may result in the loss of access to these resources for the entire European University Institute community
Isbn
9783319036861
Level of compression
uncompressed
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1007/978-3-319-03686-1
Other physical details
3 illustrations
Quality assurance targets
absent
Reformatting quality
access
Specific material designation
remote
System control number
(OCoLC)870868834
Label
Spanish Regional Unemployment : Disentangling the Sources of Hysteresis, by Alejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga, (electronic resource)
Link
https://eui.idm.oclc.org/login?url=https://doi.org/10.1007/978-3-319-03686-1
Publication
Antecedent source
mixed
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
not applicable
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Introduction -- PANIC Analysis of Spanish Regional Unemployment -- Explaining the Common Stochastic Trend in Spanish Regional Unemployment: Granger-Causality Analysis -- Policy Considerations Drawn from Our Results -- Concluding Remarks -- Appendix
Control code
978-3-319-03686-1
Dimensions
unknown
Edition
1st ed. 2014.
Extent
1 online resource (IX, 68 pages)
File format
multiple file formats
Form of item
  • online
  • electronic
Governing access note
Use of this electronic resource may be governed by a license agreement which restricts use to the European University Institute community. Each user is responsible for limiting use to individual, non-commercial purposes, without systematically downloading, distributing, or retaining substantial portions of information, provided that all copyright and other proprietary notices contained on the materials are retained. The use of software, including scripts, agents, or robots, is generally prohibited and may result in the loss of access to these resources for the entire European University Institute community
Isbn
9783319036861
Level of compression
uncompressed
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1007/978-3-319-03686-1
Other physical details
3 illustrations
Quality assurance targets
absent
Reformatting quality
access
Specific material designation
remote
System control number
(OCoLC)870868834

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