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Macro and microeconomic persistence in regional unemployment. The case of Argentina

  • Panigo, Demian
  • Féliz, Mariano
  • Perez, Pablo

The aim of this paper is to develop a simple methodology for the study of regional unemployment persistence in Argentina. We use two complementary perspectives, combining a macroeconomic (aggregate) hysteresis approach with a microeconomic dynamic (individual-two-stage) evaluation. Macroeconomic results indicate that most shocks affecting the unemployment rate in different regions and population sub-groups are predominantly persistent (because of both participation and employment hysteresis). The microeconomic analysis allows us to detect a strong state-dependence effect (for most regions and mainly amongst youth and females), wile duration-dependence is only significant for periods of high unemployment.

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File URL: http://www.cepremap.fr/depot/couv_orange/co0403.pdf
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Paper provided by CEPREMAP in its series CEPREMAP Working Papers (Couverture Orange) with number 0403.

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Length: 37 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:cpm:cepmap:0403
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