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Unemployment, spell duration and the burden of unemployment in Spain during the XXI Century

Author

Listed:
  • Francisco José Goerlich Gisbert

    (Instituto Valenciano de Investigaciones Económicas - Ivie)

  • Alba Miñano

    (Universitat de València)

Abstract

This paper presents the families of unemployment indexes sensitive to unemployment duration developed by Sengupta (2009) and Shorrocks (2009a, 2009b). They pick-up in a single index the 3 dimensions of unemployment: incidence, intensity and inequality. An application with the Spanish Labor Force Survey for the period 2001-2017 is offered, and some interesting results arise. In particular, when unemployment duration is taken into account, a less optimistic view of the recent recovery appears, since one of the consequences of the Great Recession has been the huge increase in the very long-term unemployed. Moreover, vulnerable groups in the society should also be measured taking into account not only the incidence of unemployment, but also intensity and inequality, and when we do so other highly vulnerable groups emerge.

Suggested Citation

  • Francisco José Goerlich Gisbert & Alba Miñano, 2018. "Unemployment, spell duration and the burden of unemployment in Spain during the XXI Century," Working Papers. Serie EC 2018-02, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasec:2018-02
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    File URL: http://www.ivie.es/downloads/docs/wpasec/wpasec-2018-02.pdf
    File Function: Fisrt version / Primera version, 2018
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    Cited by:

    1. Lucía Gorjón & Sara de la Rica & Antonio Villar, 2018. "The social cost of unemployment: the Spanish labour market from a social welfare approach," Studies on the Spanish Economy eee2018-22, FEDEA.

    More about this item

    Keywords

    measurement of unemployment; spell duration; Spanish labour market.;

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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