| 000 | 03343nam a22005415i 4500 | ||
|---|---|---|---|
| 001 | 978-3-319-03686-1 | ||
| 003 | DE-He213 | ||
| 005 | 20200420211740.0 | ||
| 007 | cr nn 008mamaa | ||
| 008 | 140117s2014 gw | s |||| 0|eng d | ||
| 020 |
_a9783319036861 _9978-3-319-03686-1 |
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| 024 | 7 |
_a10.1007/978-3-319-03686-1 _2doi |
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| 050 | 4 | _aHD4801-8943 | |
| 072 | 7 |
_aKCF _2bicssc |
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| 072 | 7 |
_aBUS038000 _2bisacsh |
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| 082 | 0 | 4 |
_a331 _223 |
| 100 | 1 |
_aGarc�ia-Cintado, Alejandro. _eauthor. |
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| 245 | 1 | 0 |
_aSpanish Regional Unemployment _h[electronic resource] : _bDisentangling the Sources of Hysteresis / _cby Alejandro Garc�ia-Cintado, Diego Romero-�Avila, Carlos Usabiaga. |
| 264 | 1 |
_aCham : _bSpringer International Publishing : _bImprint: Springer, _c2014. |
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| 300 |
_aIX, 68 p. 3 illus. _bonline resource. |
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| 336 |
_atext _btxt _2rdacontent |
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| 337 |
_acomputer _bc _2rdamedia |
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| 338 |
_aonline resource _bcr _2rdacarrier |
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| 347 |
_atext file _bPDF _2rda |
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| 490 | 1 |
_aSpringerBriefs in Economics, _x2191-5504 |
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| 505 | 0 | _aIntroduction -- PANIC Analysis of Spanish Regional Unemployment -- Explaining the Common Stochastic Trend in Spanish Regional Unemployment: Granger-Causality Analysis -- Policy Considerations Drawn from Our Results -- Concluding Remarks -- Appendix. | |
| 520 | _aThis work investigates the time series properties of the unemployment rate of the Spanish regions over the period 1976-2011. For that purpose, the authors employ the PANIC procedures of Bai and Ng (2004), which allows to decompose the observed unemployment rate series into common factor and idiosyncratic components. This enables the authors to identify the exact source behind the hysteretic behaviour found in Spanish regional unemployment. Overall, the analysis with three different proxies for the excess of labour supply renders strong support for the hysteresis hypothesis, which appears to be caused by a common stochastic trend driving all the regional unemployment series. In the second part of the analysis the authors try to determine the macroeconomic and institutional factors that are able to explain the time series evolution of the common factor, and in turn help us shed light on the ultimate sources of hysteresis. The reader shall see how the variables that the empirical analysis emphasises as relevant closely fit into the main causes of the Spanish unemployment behaviour. Finally, some policy considerations drawn from the results are presented. | ||
| 650 | 0 | _aMacroeconomics. | |
| 650 | 0 | _aEconomic policy. | |
| 650 | 0 | _aLabor economics. | |
| 650 | 0 | _aRegional economics. | |
| 650 | 0 | _aSpatial economics. | |
| 650 | 1 | 4 | _aEconomics. |
| 650 | 2 | 4 | _aLabor Economics. |
| 650 | 2 | 4 | _aMacroeconomics/Monetary Economics//Financial Economics. |
| 650 | 2 | 4 | _aEconomic Policy. |
| 650 | 2 | 4 | _aRegional/Spatial Science. |
| 700 | 1 |
_aRomero-�Avila, Diego. _eauthor. |
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| 700 | 1 |
_aUsabiaga, Carlos. _eauthor. |
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| 710 | 2 | _aSpringerLink (Online service) | |
| 773 | 0 | _tSpringer eBooks | |
| 776 | 0 | 8 |
_iPrinted edition: _z9783319036854 |
| 830 | 0 |
_aSpringerBriefs in Economics, _x2191-5504 |
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| 856 | 4 | 0 | _uhttp://dx.doi.org/10.1007/978-3-319-03686-1 |
| 912 | _aZDB-2-SBE | ||
| 942 | _cEBK | ||
| 999 |
_c50587 _d50587 |
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