Labour market policies settled at national level imply a "one-size-fits-all" labour market strategy. This strategy might not sufficiently take into account region-specific economic structures. In this paper we employ a panel factor-augmented vector autoregression (FAVAR) to evaluate whether...

Until recently, regional labour market imbalances were considered transitory phenomena caused by state failure in yielding distorted investment incentives and by labour market rigidities. Labour mobility and wage flexibility were at the core of the debate over the causes of and cures for...

"This paper provides a critical overview and a detailed research agenda for scholars interested in regional studies with a special focus on old and new European Union member states. The focus is on the microeconomic foundations of structural change and its spatially asymmetric impact on labour...