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Regional labor markets are characterized by huge disparities of unemployment rates. Models of the New Economic Geography explain how disparities of regional goods markets endogenously arise but usually assume full employment. This paper discusses regional unemployment disparities by introducing...
Persistent link: https://www.econbiz.de/10011548749
The 2008 economic crisis raised concerns about unemployment, especially for youths. Over the last decade, two stylized facts can be observed in the French labor market about youth unemployment: its average rate remaining at high levels and its major spatial variations. This paper investigates...
Persistent link: https://www.econbiz.de/10011486661
The author assumes that globalization and its regional and local impacts have an important role in nowadays' economics. Paradoxically, challenges arising from the unification of the world have made the necessity for regional and local answers stronger. The transformation of the labor market...
Persistent link: https://www.econbiz.de/10011487805
This study evaluates a regional full employment initiative using the synthetic control method introduced by Abadie and Gardeazabal (2003). The aim of the Paltamo Full Employment (PFE) experiment launched in 2009 is to reverse the trend of high and persistent unemployment in contracting regions....
Persistent link: https://www.econbiz.de/10011508708
On both theoretical and empirical grounds, this paper provides evidence that refutes the natural rate of unemployment (NRU) hypothesis as an explanation of the evolution of regional disparities in the unemployment rate. We first present our analytical framework, which follows the chain reaction...
Persistent link: https://www.econbiz.de/10011512775
Mobility as a factor of labour is- especially in this stage of economic globalization - a positive aspect that permits the suitability of human capital with regard to the remaining productive factors and the promotion of competitiveness. However, it is also an element that can determine the...
Persistent link: https://www.econbiz.de/10011536424
Regional disparities in unemployment rates are large and persistent, particularly in some economies such as Spain. Previous contributions to the literature have provided evidence on their magnitude and evolution, as well as on the role of some economic, demographic and environmental factors in...
Persistent link: https://www.econbiz.de/10011536889
A distinctive feature of unemployment is that its incidence is far from being homogeneously distributed in the territory. Disparities in unemployment rates are not only observed between countries but also between regions within countries. The available evidence indicates that since the early 80s...
Persistent link: https://www.econbiz.de/10011537775
We conduct a theoretically based, empirical analysis of the impact of national wage bargaining, labour market and housing market institutions as well as product market regulation on regional unemployment rate disparities. Using both national and regional data on unemployment rates for 14 EU...
Persistent link: https://www.econbiz.de/10010424532
The literature on the wage curve provides considerable evidence in favor of a negative relationship between unemployment and wages. It is thus often seen as a refutation of the Harris-Todaro model, who point to a positive relationship. This paper shows that both strands of literature are special...
Persistent link: https://www.econbiz.de/10009613815