HOME > 상세정보

상세정보

Spanish regional unemployment [electronic resource] : disentangling the sources of hysteresis

Spanish regional unemployment [electronic resource] : disentangling the sources of hysteresis

자료유형
E-Book(소장)
개인저자
García-Cintado, Alejandro. Romero-Ávila, Diego. Usabiaga Ibáñez, Carlos, 1965-.
서명 / 저자사항
Spanish regional unemployment [electronic resource] : disentangling the sources of hysteresis / Alejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga.
발행사항
Cham :   Springer International Publishing :   Imprint: Springer,   2014.  
형태사항
1 online resource (ix, 68 p.) : ill.
총서사항
SpringerBriefs in economics,2191-5504
ISBN
9783319036861
요약
This 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.
일반주기
Title from e-Book title page.  
내용주기
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.
서지주기
Includes bibliographical references.
이용가능한 다른형태자료
Issued also as a book.  
일반주제명
Hysteresis (Economics) --Spain. Unemployment --Spain --Regional disparities.
주제명(지명)
Spain --Economic conditions --Regional disparities.
바로가기
URL
000 00000nam u2200205 a 4500
001 000046047866
005 20201006163421
006 m d
007 cr
008 200916s2014 sz a ob 000 0 eng d
020 ▼a 9783319036861
040 ▼a 211009 ▼c 211009 ▼d 211009
050 0 0 ▼a HD5807
082 0 4 ▼a 331.13/7946 ▼2 23
084 ▼a 331.137946 ▼2 DDCK
090 ▼a 331.137946
100 1 ▼a García-Cintado, Alejandro.
245 1 0 ▼a Spanish regional unemployment ▼h [electronic resource] : ▼b disentangling the sources of hysteresis / ▼c Alejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga.
260 ▼a Cham : ▼b Springer International Publishing : ▼b Imprint: Springer, ▼c 2014.
300 ▼a 1 online resource (ix, 68 p.) : ▼b ill.
490 1 ▼a SpringerBriefs in economics, ▼x 2191-5504
500 ▼a Title from e-Book title page.
504 ▼a Includes bibliographical references.
505 0 ▼a 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.
520 ▼a This 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.
530 ▼a Issued also as a book.
538 ▼a Mode of access: World Wide Web.
650 0 ▼a Hysteresis (Economics) ▼z Spain.
650 0 ▼a Unemployment ▼z Spain ▼x Regional disparities.
651 0 ▼a Spain ▼x Economic conditions ▼x Regional disparities.
700 1 ▼a Romero-Ávila, Diego.
700 1 ▼a Usabiaga Ibáñez, Carlos, ▼d 1965-.
830 0 ▼a SpringerBriefs in economics, ▼x 2191-5504.
856 4 0 ▼u https://oca.korea.ac.kr/link.n2s?url=http://dx.doi.org/10.1007/978-3-319-03686-1
945 ▼a KLPA
991 ▼a E-Book(소장)

소장정보

No. 소장처 청구기호 등록번호 도서상태 반납예정일 예약 서비스
No. 1 소장처 중앙도서관/e-Book 컬렉션/ 청구기호 CR 331.137946 등록번호 E14033925 도서상태 대출불가(열람가능) 반납예정일 예약 서비스 M

관련분야 신착자료

이동명 (2020)
Borjas, George J. (2021)
국민연금공단. 국민연금연구원 (2021)