On the persistence of Spanish unemployment rates

Romero‐Ávila, Diego; Usabiaga, Carlos

doi:10.1007/s00181-007-0144-3

Cited by 25 publications

(8 citation statements)

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“…Such salient spatial disparities in labour market outcomes have motivated several Spanish scholars to continue researching the origin and consequences of the existing territorial differences. Some of them updated the knowledge about persistence (hysteresis) of regional unemployment applying state‐of‐the‐art time series econometrics (Romero‐Avila & Usabiaga, ), whereas numerous researches focused on the robustness of Ocun's law (Villaverde & Sánchez, ), the effect on unemployment of private capital accumulation (Bande) the endowment of education of the population in each region (López‐Bazo), the spatial differences in entrepreneurship and the degree of specialization (Ezcurra).…”

Section: Recent Developments Of Regional Studies: Continuity and Chanmentioning

confidence: 99%

Development, contributions and trends in regional studies in Spain: An overview

Cuadrado‐Roura

2020

Papers in Regional Science

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The aim of this paper is to show the development of regional and urban studies in Spain, pointing out the main factors that have influenced such development, the topics analysed by the Spanish researchers and why Spain has today a remarkable position in the field of regional science. Regional problems have always taken up a very important place among the concerns of the Spanish society. This has been closely linked to longstanding historical and internal political conflicts. But, leaving aside some very interesting contributions and territorial projects developed in the past, the research on regional issues emerged really in the 1960s and the consolidation phase took place from 1975 to 2000, as explained in Sections 2 and 3. From the beginning of this century the field has received a clear thrust, supported by a new generation of economists and geographers. The increasing presence of Spanish researchers in international congresses, workshops and specialized journals enable to state that Spain has reached a similar level as in more advanced countries. Section 4 collects the most outstanding topics and innovative contributions made from 2000 to now. A short final note (section 5) points out some final remarks and why a positive continuity of the progress observed can be expected.

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Section: Recent Developments Of Regional Studies: Continuity and Chanmentioning

confidence: 99%

Development, contributions and trends in regional studies in Spain: An overview

Cuadrado‐Roura

2020

Papers in Regional Science

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“…5 5 Recently, studies such as Romero‐Ávila and Usabiaga (2008, 2009), Lee et al . (2009) and Lanzafame (2010) also applied panel unit root tests with structural breaks to examine the hysteresis hypothesis in unemployment. …”

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Hysteresis Hypothesis in Unemployment and Labour Force Participation Rates: Evidence From Australian States and Territories *

Liu

Sun

Lin

2012

Australian Economic Papers

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This article simultaneously investigates the hysteresis hypothesis of unemployment and labour force participation using regional level data in Australia. The conventional univariate and panel unit root tests indicate that the hysteresis hypothesis cannot be rejected for most of the regions in Australia. To further confirm if the hysteresis finding in unemployment and labour force participation results from not considering structural breaks. We employ a panel stationarity test recently developed by Carrion-i-Silvestre et al. (2005), which considers multiple structural breaks and cross-sectional dependence. The test results lend support for unemployment hysteresis and participation regime-wise stationarity. Accordingly, the findings imply that a temporary shock may have permanent effects on the unemployment rate but not on labour force participation in Australia and thus call for policies aimed at improving the adjustment mechanism in unemployment.

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“…3 3 Camarero, Carrión‐i‐Silvestre, and Tamarit (2006) and Romero‐Ávila and Usabiaga (2008) have applied this methodology to the unemployment rate of the OECD countries and Spanish regions, respectively. The former study provides evidence of regime‐wise stationarity, while the latter supports the hysteresis paradigm. …”

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confidence: 99%

The Unemployment Paradigms Revisited: A Comparative Analysis of U.S. State and European Unemployment

Romero‐Ávila¹,

Usabiaga²

2009

Contemporary Economic Policy

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"This article tests the main unemployment paradigms for the unemployment rates of the states of the United States and the European Union-15 countries over the past three decades. For that purpose, we employ a state-of-the-art panel stationarity test, which allows for an unknown number of endogenous structural breaks as well as for cross-sectional correlation. Overall, our analysis renders clear-cut evidence in favor of regime-wise stationarity in U.S. state unemployment, while hysteresis in European unemployment. Interestingly, the timing of the breaks broadly coincides with major macroeconomic shocks mainly associated with the oil crises of the 1970s and marked changes in interest rates in the 1980s and early 1990s. Based on our results, we draw some policy prescriptions that point to the need for greater flexibility in the European labor markets. "("JEL "C23, E24) Copyright (c) 2009 Western Economic Association International.

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On the persistence of Spanish unemployment rates

Cited by 25 publications

References 48 publications

Development, contributions and trends in regional studies in Spain: An overview

Development, contributions and trends in regional studies in Spain: An overview

Hysteresis Hypothesis in Unemployment and Labour Force Participation Rates: Evidence From Australian States and Territories *

The Unemployment Paradigms Revisited: A Comparative Analysis of U.S. State and European Unemployment

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