This paper addresses an issue that has been neglected in the vast array of literature focusing on the determination of and differences in regional unemployment rates. The issue of whether causal relationships exist between disaggregated unemployment rates is considered. A multivariate vector autoregression model is estimated separately for unemployment rates of ten states and nine regions. The resulting impulse response functions indicate that significant causal relationships exist between unemployment rates of the states and regions analyzed. The results suggest that a mechanism allowing for causal relationships between disaggregate unemployment rates should be incorporated into future analyses.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Did you know? Citation analysis on IDEAS includes online papers that are freely accessible and whose text could be automatically analyzed, currently about 210000 papers.