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Macro and microeconomic persistence in regional unemployment. The case of Argentina

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Author Info
Panigo, Demian
Féliz, Mariano
Perez, Pablo

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Abstract

The aim of this paper is to develop a simple methodology for the study of regional unemployment persistence in Argentina. We use two complementary perspectives, combining a macroeconomic (aggregate) hysteresis approach with a microeconomic dynamic (individual-two-stage) evaluation. Macroeconomic results indicate that most shocks affecting the unemployment rate in different regions and population sub-groups are predominantly persistent (because of both participation and employment hysteresis). The microeconomic analysis allows us to detect a strong state-dependence effect (for most regions and mainly amongst youth and females), wile duration-dependence is only significant for periods of high unemployment.

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Paper provided by CEPREMAP in its series CEPREMAP Working Papers (Couverture Orange) with number 0403.

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Length: 37 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:cpm:cepmap:0403

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Find related papers by JEL classification:
J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
J68 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Public Policy
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions
C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data

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