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Labour Market Dynamics in Spanish Regions: Evaluating Asymmetries in Troublesome Times

Sala, Hector; Trivín, Pedro - Institute for the Study of Labor (IZA) - 2013

reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …

Persistent link: https://www.econbiz.de/10011212754

Labour market effects of public capital stock: evidence for the Spanish private sector

Raurich, Xavier; Sala, Hector; Sorolla, Valeri - In: International Review of Applied Economics 23 (2009) 1, pp. 1-18

This paper provides a new rationale for the positive effect of public capital stock on employment and wages. We show … that higher levels of public capital reduce wages along the wage equation and enhance employment due to the resulting … employment, capital stock and gross domestic product, and (ii) that the wage channel is particularly important for employment. …

Persistent link: https://www.econbiz.de/10005482794

Unemployment in the European Union: A Dynamic Reappraisal

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002

This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain-reaction perspective, in which unemployment movements are...

Persistent link: https://www.econbiz.de/10005703234

Unemployment in the European Union: Institutions, Prices, and Growth

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2003

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...

Persistent link: https://www.econbiz.de/10005703238

Unemployment in the EU: Institutions, Prices and Growth

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - C.E.P.R. Discussion Papers - 2004

This Paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labour market adjustment processes, (b) the interplay between these adjustment processes and the...

Persistent link: https://www.econbiz.de/10005124001