Quantity adjustments in the regional labour markets of EU candidate countries

Vera Gács and Peter Huber

Papers in Regional Science, 2005, vol. 84, issue 4, 553-574

Abstract: Abstract. The article comprises an analysis of the adjustment of regional labour markets of former (and present) EU candidate countries to asymmetric shocks. As in EU member states, a substantial part of the adjustment to changes in employment in candidate countries is carried by participation decisions, and migration plays a small role. Candidate countries, however, have experienced larger region‐specific shocks to labour demand than member states, and these shocks lead to higher long‐run changes in employment. Furthermore, adjustment mechanisms partly explain high regional unemployment. High unemployment regions exhibit a lower capability to absorb region‐specific shocks through mechanisms other than higher unemployment.

Date: 2005
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Citations: View citations in EconPapers (19)

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https://doi.org/10.1111/j.1435-5957.2005.00044.x

Related works:
Working Paper: Quantity Adjustments in the Regional Labour Markets of EU Candidate Countries (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:bla:presci:v:84:y:2005:i:4:p:553-574

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