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

Demian Tupac Panigo (), Mariano Féliz and Pablo Perez

CEPREMAP Working Papers (Couverture Orange) from CEPREMAP

Abstract: 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.

JEL-codes: J64 J68 C22 C23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac and nep-pke
Date: 2004
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Persistent link: http://EconPapers.repec.org/RePEc:cpm:cepmap:0403

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