Sticky labor in Spanish regions
Migration among Spanish regions has fallen significatly since the 1970s, in spite of large and widening regional unemployment rate differentials. In this paper I argue that this evolution is the result of : a large increase in the national unemployment rate; the reduction in regional dispersion in other economic variables, due in part to important institutional changes since 1975; and the rise of migration from richer to poorer regions, or affluent migration.
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- Pissarides, Christopher A & Wadsworth, Jonathan, 1989. "Unemployment and the Inter-regional Mobility of Labour," Economic Journal, Royal Economic Society, vol. 99(397), pages 739-55, September.
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