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Spanish Regional Unemployment Disentangling the Sources of Hysteresis

Author: Alejandro García-Cintado; Diego Romero-Ávila; Carlos Usabiaga
Publisher: Cham Imprint: Springer 2014
Series: SpringerBriefs in Economics
Edition/Format:   eBook : Document : EnglishView all editions and formats
Publication:Spanish regional unemployment.
Summary:
This work investigates the time series properties of the unemployment rate of the Spanish regions over the period 1976-2011. For that purpose, the authorsemploy the PANIC procedures of Bai and Ng (2004), which allows to decompose the observed unemployment rate series into common factor and idiosyncratic components. This enablesthe authorsto identify the exact source behind the hysteretic behaviour found in Spanish  Read more...
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Genre/Form: Online-Publikation
Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Alejandro García-Cintado; Diego Romero-Ávila; Carlos Usabiaga
ISBN: 9783319036854 3319036858 9783319036861 3319036866
OCLC Number: 869715440
In: García-Cintado, Alejandro
Description: 1 online resource (IX, 68 p.) 3 illus
Contents: Introduction --
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.
Series Title: SpringerBriefs in Economics
Responsibility: by Alejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga
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Abstract:

This work investigates the time series properties of the unemployment rate of the Spanish regions over the period 1976-2011.  Read more...

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