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Have European Unemployment Rates Converged?

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Author Info
Ramírez Carrera, Dionisio (Universidad de Castilla-La Mancha)
Rodríguez, Gabriel () (Central Reserve Bank of Peru and Pontificia Universidad Católica del Perú)

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Abstract

Using di¤erent unit root statistics and the approach of Tomljanovich and Vogelsang (2002), we test for the existence of stochastic and beta-convergence in the unemployment rates of a set of thirteen European countries. Using quarterly data for the period 1984:1-2005:4, we observe that there has taken place a convergence process in the majority of European unemployment rates. This process has become more intense since 1993.

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File URL: http://www.bcrp.gob.pe/docs/Publicaciones/Documentos-de-Trabajo/2009/Working-Paper-07-2009.pdf
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Publisher Info
Paper provided by Banco Central de Reserva del Perú in its series Working Papers with number 2009-007.

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Date of creation: Mar 2009
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Handle: RePEc:rbp:wpaper:2009-007

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Related research
Keywords: Unemployment Rate; European Union; Stochastic Convergence and beta-convergence.;

Find related papers by JEL classification:
C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions
C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation and Testing
E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
J60 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - General

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This page was last updated on 2009-11-15.

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