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Unemployment and vacancies in Spain: Labour mismatch and active labour market policy

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Author Info
Gemma Garcia ()
Abstract

The increment and persistence of the unemployment in the last years in the occidental countries is one of the most analized problems related with the labour market. This study analyzes the relationship that exists between the unemployment rate and the vacancies rate along the period 1977-1996 in the Spanish economy: the Beveridge curve. The evidence allows to show the existence of a simultaneous increment of the vacancies and the unemployment. Then, I checking if this behavior there is been due to an increase of the structural unemployment and, more concretely, of the qualification level mismatch between vacancies and unemployment. The last part of the work expounds the possible effect that the active policies of employment (expenses in formation, fundamentally) could have in that appraisal of unemployment. So, according to these outputs could get some conclusions on the convenience of destining more economical resources to this type of policies. Keywords: vacancies, unemployment, active labour market policy. Theme E: Poverty, Labour Markets and Migration

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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa98p182.

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Date of creation: Aug 1998
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Handle: RePEc:wiw:wiwrsa:ersa98p182

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  1. Layard, Richard & Nickell, Stephen, 1986. "Unemployment in Britain," Economica, London School of Economics and Political Science, vol. 53(210(S)), pages S121-69, Supplemen. [Downloadable!] (restricted)
  2. Bowden, Roger J, 1980. "On the Existence and Secular Stability of u-v Loci," Economica, London School of Economics and Political Science, vol. 47(185), pages 35-50, February. [Downloadable!] (restricted)
  3. Bean, Charles R, 1994. "European Unemployment: A Survey," Journal of Economic Literature, American Economic Association, vol. 32(2), pages 573-619, June. [Downloadable!] (restricted)
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  4. Budd, Alan & Levine, Paul & Smith, Peter, 1988. "Unemployment, Vacancies and the Long-term Unemployed," Economic Journal, Royal Economic Society, vol. 98(393), pages 1071-91, December. [Downloadable!] (restricted)
  5. Calmfors, Lars & Forslund, Anders, 1991. "Real-Wage Determination and Labour Market Policies: The Swedish Experience," Economic Journal, Royal Economic Society, vol. 101(408), pages 1130-48, September. [Downloadable!] (restricted)
  6. Layard, R. & Nickell, S., . "Layard-Nickell," Instructional Stata datasets for econometrics layardnickell, Boston College Department of Economics. [Downloadable!]
  7. Jackman, R & Roper, S, 1987. "Structural Unemployment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 49(1), pages 9-36, February.
  8. Anders Forslund & Alan B. Krueger, 1994. "An Evaluation of the Swedish Active Labor Market Policy: New and Received Wisdom," NBER Working Papers 4802, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  9. Pissarides, Christopher A, 1985. "Short-run Equilibrium Dynamics of Unemployment Vacancies, and Real Wages," American Economic Review, American Economic Association, vol. 75(4), pages 676-90, September. [Downloadable!] (restricted)
  10. Hansen, Bent, 1970. "Excess Demand, Unemployment, Vacancies, and Wages," The Quarterly Journal of Economics, MIT Press, vol. 84(1), pages 1-23, February. [Downloadable!] (restricted)
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