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Since the mid-seventies, the general public of some European countries has been listening to a growing chorus of economists and politicians who lament the rising regional imbalances of unemployment. The chorus is especially large in Britain and West Germany where both an approximate north-south...
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This paper is no more than a critical note on the mismatch philosophy. Its main point is that, under empirically acceptable assumptions, all measures developed so far - and probably all measures likely to emerge from refining the mismatch tools - are bound to seriously underestimate the extent...
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The main point of this paper will be that West German unemployment in the late 1980's has a curious double character: while its genesis is largely determined by the macroeconomic events of the last two decades - two stabilization crises and one wage revolution -, its current state reveals...
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