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More than one third of the European Union's total budget is spent on socalled Cohesion Policy via the structural funds. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of the various European regions. Investigating the impact...
Persistent link: https://www.econbiz.de/10010299177
More than one third of the European Union's total budget is spent on socalled Cohesion Policy via the structural funds. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of the various European regions. Investigating the impact...
Persistent link: https://www.econbiz.de/10008533553
Prediction is difficult. In this paper we use panel data methods to make reasonably accurate short term ex-post predictions of house prices across 353 local authority areas in England. The issue of prediction over the longer term is also addressed, and a simple method that makes use of the...
Persistent link: https://www.econbiz.de/10008592983
Prediction is difficult. In this paper we use panel data methods to make reasonably accurate shortterm ex-post predictions of house prices across 353 local authority areas in England. The issue of prediction over the longer term is also addressed, and a simple method that makes use of the...
Persistent link: https://www.econbiz.de/10008692872
This paper studies the spatial random effects and spatial fixed effects model. The model includes a Cliff and Ord type spatial lag of the dependent variable as well as a spatially lagged one-way error component structure, accounting for both heterogeneity and spatial correlation across units. We...
Persistent link: https://www.econbiz.de/10010294030
Geographical distribution of unemployment rates has been analyzed from different methodological perspectives in theoretical and empirical studies. In recent years, researcher on regional unemployment persistence which deals with the spatial autocorrelation in the levels and dynamics of...
Persistent link: https://www.econbiz.de/10010992307
We explain movements in the UV space, i.e. the relationship between stocks of unemployment and vacancies known as the Beveridge curve, in the Czech Republic during 1995-2004. While the Beveridge curve is described by labour market stocks, we explain shifts in the Beveridge curve using gross...
Persistent link: https://www.econbiz.de/10005094094
We explain movements in the U-V (unemployment and vacancy) space – that is, the relation-ship between stocks of unemployment and job vacancies, known as the Beveridge curve – in the Czech Republic during 1995–2004. While the Beveridge curve is described by labor-market stocks, we explain...
Persistent link: https://www.econbiz.de/10005536975
This article tackles one central issue in the regional science literature: the persistence of regional disparities in unemployment within national economies. Our approach is original as Okun’s coefficients are estimated for each of the 22 administrative French regions over the period...
Persistent link: https://www.econbiz.de/10010854386
Blanchflower and Oswald (1994) reported that they have found an 'empirical law of economics'--the Wage Curve. Our paper reconsiders the western German Wage Curve using disaggregated regional data and is based on almost one million employees drawn from the Federal Employment Services of Germany...
Persistent link: https://www.econbiz.de/10005698365