Regional Labor Market Disparities in Belgium
AbstractRegional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on employment growth, in contrast to the United States where initial labor demand shocks are expanded in the long run. After the short-run adjustment is over, there is less labor migration in Belgium than in the United States or Europe, corroborating the perception that Belgians move "too little."
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 02/134.
Date of creation: 01 Aug 2002
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- Paolo Mauro & Antonio Spilimbergo, 1999.
"How Do the Skilled and the Unskilled Respond to Regional Shocks?: The Case of Spain,"
IMF Staff Papers,
Palgrave Macmillan, vol. 46(1), pages 1.
- Paolo Mauro & Antonio Spilimbergo, 1998. "How Do the Skilled and the Unskilled Respond to Regional Shocks? The Case of Spain," IMF Working Papers 98/77, International Monetary Fund.
- Olivier Jean Blanchard & Lawrence F. Katz, 1992. "Regional Evolutions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 23(1), pages 1-76.
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