persistent unemployment in contracting regions. The basic idea behind the experiment is to collect all unemployment related … lower the unemployment rate in Paltamo by almost 10 percentage points in just two years time during an era of global … financial crisis. The costs of this remarkable drop in unemployment were 3.4 million Euros in 2010. The results show that one …

The paper uses the theoretical framework of the Spatial Economics to analyze (1) the regional unemployment disparities … opportunities therefore reduce local unemployment. We estimate a spatial panel model in order to explain the unemployment …