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Quantity adjustments in the regional labour markets of EU candidate countries

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Author Info
Vera Gács
Peter Huber

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Abstract

The article comprises an analysis of the adjustment of regional labour markets of former (and present) EU candidate countries to asymmetric shocks. As in EU member states, a substantial part of the adjustment to changes in employment in candidate countries is carried by participation decisions, and migration plays a small role. Candidate countries, however, have experienced larger region-specific shocks to labour demand than member states, and these shocks lead to higher long-run changes in employment. Furthermore, adjustment mechanisms partly explain high regional unemployment. High unemployment regions exhibit a lower capability to absorb region-specific shocks through mechanisms other than higher unemployment. Copyright RSAI 2005.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1435-5957.2005.00044.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Papers in Regional Science.

Volume (Year): 84 (2005)
Issue (Month): 4 (November)
Pages: 553-574
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Handle: RePEc:bla:presci:v:84:y:2005:i:4:p:553-574

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1056-8190

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