Unemployment persistence in Argentina. Micro and macroeconomic analysis of its regional incidence
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 res...
| Authors: | , , |
|---|---|
| Format: | article |
| Status: | Published version |
| Publication Date: | 2004 |
| Country: | Argentina |
| Institution: | Universidad Nacional de La Plata |
| Repository: | SEDICI (UNLP) |
| Language: | English |
| OAI Identifier: | oai:sedici.unlp.edu.ar:10915/89423 |
| Online Access: | http://sedici.unlp.edu.ar/handle/10915/89423 |
| Access Level: | Open access |
| Keyword: | Economía Unemployment persistence Regional unempolyment Duration-dependece State-dependence |
| Summary: | 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 of the shocks affecting the unemployment rate in different regions and population sub-groups are predominantly persistent (because both participation and mainly em- ployment hysteresis). On the other hand, the microeconomic analysis allow us to detect a strong state-dependence effect (for most regions and mainly for young people and women), while duration-dependece is only significative for high unemployment periods |
|---|