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 …

The wage curve literature consistently finds a negative relationship between regional unemployment rates and regional … wages; the most widely accepted theoretical explanations interpret the unemployment rate as a measure of job competition …. This paper proposes new ways of measuring job competition, alternative to the unemployment rate, and finds that the …

postcode-level data from administrative records to analyze the effects of immigration on wages and unemployment probabilities …

The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …

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 …

This paper aims to study whether the local variation in unemployment rates is related to labour turnover and what is … unemployment on the dynamics of the local unemployment rate. The empirical analysis is based on a newly available unique dataset … positively related to the unemployment level. This general conclusion is robust to sub-sampling that addresses potential …

selection show that high regional unemployment discourages women from entering the labor market. Further, findings indicate that …

This paper provides new evidence for the evolution of regional unemployment rates in Spain over the 1980-2000 period … richer interpretation of regional disparities, and (ii) can capture the unemployment effects of growing variables such as … capital stock. After classifying the 17 Spanish regions into high and low unemployment groups using kernel and cluster …

There are large spatial disparities in unemployment durations across the 1,300 municipalities in the Ile … municipality on an exhaustive dataset of all unemployment spells starting in the first semester of 1996. This model allows us to …