El desempleo espanol: factores estructurales
Unemployment is one of the most important problems of the Spanish and European economies. A possible analysis, vastly extended in recent literature, focuses on mismatch problems between labour demand and supply. In this sense, the empirical relationship between the vacancy rate and the unemployment rate, the so-called Beveridge curve or UV curve, offers an instrument to characterise the unemployment of the considered economy. Different studies, such as Jackman et al. (1983) and Pissarides (1985) among others, point out that outward shifts of the Beveridge curve can be interpreted as increases in structural unemployment. The identification of these shifts provide some useful information that can be used for policy-making. The main objective of this paper is to identify the outward shifts of the Beveridge curve for the Spanish economy in the period 1978-96 using annual data from the Encuesta de Poblacion Activa (INE) and the Estadistica de Empleo, INEM. As both sources provide regional disaggregated data, it is possible to use a regional panel data to analyse a wide pool of factors that can explain the outward shift of the UV curve, a possible change in the elasticity of the unemployment rate with respect to the vacancy rate and the existence of different regional behaviours in the process of job-matching.
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| Length: | 55 pages |
| Date of creation: | 1999 |
| Handle: | RePEc:bar:bedcje:199953 |
| Contact details of provider: | Postal: Espai de Recerca en Economia, Facultat de Ciències Econòmiques. Tinent Coronel Valenzuela, Num 1-11 08034 Barcelona. Spain. Phone: +34 93 402 43 13cazza Web page: http://www.ere.ub.es Email: More information through EDIRC
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- Budd, Alan & Levine, Paul & Smith, Peter, 1988. "Unemployment, Vacancies and the Long-term Unemployed," Economic Journal, Royal Economic Society, vol. 98(393), pages 1071-1091, December.
- Wall, Howard J & Zoega, Gylfi, 2002.
" The British Beveridge Curve: A Tale of Ten Regions,"
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- Wall, Howard & Zoega, Gylfi, 1997. "The British Beveridge Curve: A Tale of Ten Regions," CEPR Discussion Papers 1771, C.E.P.R. Discussion Papers.
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- Layard, Richard & Nickell, Stephen & Jackman, Richard, 2005. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780199279173.
- Layard, Richard & Nickell, Stephen & Jackman, Richard, 1991. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780198284345.
- Edin, P-A. & Holmlund, B., 1990. "Unemployment, Vacancies And Labour Market Programmes: Swedish Evidence," Papers 1990j, Uppsala - Working Paper Series.
- Layard, Richard & Nickell, Stephen, 1986. "Unemployment in Britain," Economica, London School of Economics and Political Science, vol. 53(210(S)), pages 121-169, Supplemen.
- Richard Jackman & Christopher A. Pissarides & S Savouri, 1990. "Labour Market Policies and Unemployment in the OECD," CEP Discussion Papers dp0011, Centre for Economic Performance, LSE.
- Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Gregg, P & Petrongolo, B, 1997. "Random or Non-Random Matching? Implications for the Use of the UV Curve as a Measure of Matching Performance," Papers 13, Centre for Economic Performance & Institute of Economics. Full references (including those not matched with items on IDEAS)
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