The development of employment and unemployment in regional labour markets is known to spatially interdependent. Global Vector-Autoregressive (GVAR) models generate a link between the local and the surrounding labour markets and thus might be useful when analysing and forecasting employment and...

Population changes are decisive for growth performances. This has been shown in a number of country studies, using time series data. The analysis is here extended in two dimensions: 1) the importance of demographics for growth is taking in to account a regional dimension allowing for spatial...

Forecasting regional variables provides very important information for political, institutional and economic agents. However, in the present context characterized by important decline of economies, heterogeneous data and regional interdependencies, it is even more difficult to carry out accurate...

I show that the nontradable sector of a regional economy benefits from attracting jobs in the tradable sector. I find that on average one new job in a tradable industry in a city will attract 1.02 extra jobs in the nontradable sector of that same city. This local multiplier effect increases with...

A wide urban-rural disparity is observed in employment growth in the United States. For example, employment growth averaged 2.1 percent in urban counties during 1998-2007, compared with just 1 percent in rural counties. In this study, we examine the sources of U.S. employment growth using the...

On the basis of the suggestions of Friedman (1969, 1993) and Moore (1965) and considering the framework proposed by Balke and Wynne (1994, 1995), this paper evaluates whether recoveries growth depends on the characteristics of prior recessions (depth, steepness and duration) in the case of the...

This paper assesses the impact of the crisis on the NEET rate and on the youth unemployment rate (YUR) of the EU regions. It begins with a review of the literature and presents some descriptive statistics on NEET and YURs. We use Eurostat's data for the period 2000-2011 concerning the NUTS-1...

The regional employment growth in Germany is characterized by huge disparities. Whereas institutional factors might explain the disparities of employment growth between nations, they can only account for a minor fraction of the regional employment growth. Instead the sectoral structure of...

In this paper, we assess the accuracy of macroeconomic forecasts at the regional level using a unique data set at quarterly frequency. We forecast gross domestic product (GDP) for two German states (Free State of Saxony and Baden-Württemberg) and Eastern Germany. We overcome the problem of a...

Poland as the main beneficiary of EU Cohesion Policy is an interesting target of analyses regarding the impact of financial interventions on regional economies. Obviously, of special importance for regional communities are effects of EU funds on the labour market. Greater employment- besides...