000696966 000__ 03325cam\a2200493Ki\4500
000696966 001__ 696966
000696966 005__ 20230306135630.0
000696966 006__ m\\\\\o\\d\\\\\\\\
000696966 007__ cr\cnu|||unuuu
000696966 008__ 140220s2014\\\\sz\a\\\\ob\\\\000\0\eng\d
000696966 020__ $$a9783319036861 $$qelectronic book
000696966 020__ $$a3319036866 $$qelectronic book
000696966 020__ $$z9783319036854
000696966 0247_ $$a10.1007/978-3-319-03686-1$$2doi
000696966 035__ $$aSP(OCoLC)ocn870868834
000696966 035__ $$aSP(OCoLC)870868834
000696966 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dN$T$$dYDXCP$$dCOO$$dIDEBK$$dCDX$$dE7B
000696966 043__ $$ae-sp---
000696966 049__ $$aISEA
000696966 050_4 $$aHD5807
000696966 08204 $$a331.13/7946$$223
000696966 1001_ $$aGarcía-Cintado, Alejandro,$$eauthor.
000696966 24510 $$aSpanish regional unemployment$$h[electronic resource] :$$bdisentangling the sources of hysteresis /$$cAlejandro García-Cintado, Diego Romero-Ávila, Carlos Usabiaga.
000696966 264_1 $$aCham :$$bSpringer,$$c2014.
000696966 300__ $$a1 online resource (ix, 68 pages) :$$billustrations.
000696966 336__ $$atext$$btxt$$2rdacontent
000696966 337__ $$acomputer$$bc$$2rdamedia
000696966 338__ $$aonline resource$$bcr$$2rdacarrier
000696966 4901_ $$aSpringerBriefs in Economics,$$x2191-5504
000696966 504__ $$aIncludes bibliographical referemces.
000696966 5050_ $$aPANIC Analysis of Spanish Regional Unemployment -- Explaining the Common Stochastic Trend in Spanish Regional Unemployment: Granger-Causality Analysis -- Policy Considerations Drawn from Our Results -- Concluding Remarks -- Appendix.
000696966 506__ $$aAccess limited to authorized users.
000696966 520__ $$aThis work investigates the time series properties of the unemployment rate of the Spanish regions over the period 1976-2011. For that purpose, the authors employ the PANIC procedures of Bai and Ng (2004), which allows to decompose the observed unemployment rate series into common factor and idiosyncratic components. This enables the authors to identify the exact source behind the hysteretic behaviour found in Spanish regional unemployment. Overall, the analysis with three different proxies for the excess of labour supply renders strong support for the hysteresis hypothesis, which appears to be caused by a common stochastic trend driving all the regional unemployment series. In the second part of the analysis the authors try to determine the macroeconomic and institutional factors that are able to explain the time series evolution of the common factor, and in turn help us shed light on the ultimate sources of hysteresis. The reader shall see how the variables that the empirical analysis emphasises as relevant closely fit into the main causes of the Spanish unemployment behaviour. Finally, some policy considerations drawn from the results are presented.
000696966 588__ $$aDescription based on online resource; title from PDF title page (SpringerLink, viewed January 20, 2014).
000696966 650_0 $$aHysteresis (Economics)$$zSpain.
000696966 650_0 $$aUnemployment$$zSpain$$xRegional disparities.
000696966 651_0 $$aSpain$$xEconomic conditions$$xRegional disparities.
000696966 7001_ $$aRomero-Ávila, Diego,$$eauthor.
000696966 7001_ $$aUsabiaga Ibáñez, Carlos,$$d1965-,$$eauthor.
000696966 830_0 $$aSpringerBriefs in economics,$$x2191-5504
000696966 85280 $$bebk$$hSpringerLink
000696966 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://dx.doi.org/10.1007/978-3-319-03686-1$$zOnline Access
000696966 909CO $$ooai:library.usi.edu:696966$$pGLOBAL_SET
000696966 980__ $$aEBOOK
000696966 980__ $$aBIB
000696966 982__ $$aEbook
000696966 983__ $$aOnline
000696966 994__ $$a92$$bISE