Some Stylized Facts on Unemployment Dynamics in Transition

Joanna Tyrowicz and Piotr Wójcik
Authors registered in the RePEc Author Service: Piotr Wójcik

Eastern European Economics, 2010, vol. 48, issue 1, 5-22

Abstract: >p>This paper examines the dynamics of regional unemployment rates in transition economies. We use policy-relevant NUTS 4 unemployment rates for transition economies characterized by both relatively intense (Poland, Slovakia) and relatively mild labor market hardships (the Czech Republic). We apply diverse analytical techniques to seek traces of convergence, including β and Ï convergence as well as a time-series approach.>/p>>p>The transition economies typically experienced rapid growth of unemployment rates due to profound restructuring. Naturally, these processes affected local labor markets asymmetrically, as regions were diversified with respect to industry composition and economic outlooks. The results in each of the countries suggest that diverging unemployment rates seem nested in the data. Further, regions with both very high and very low unemployment show signs of high persistence and low mobility in the national distribution. The findings allow us to define the patterns of local labor market dynamics, pointing out differentiated divergence paths. These tendencies persist despite cohesion policy financing schemes, which allocate relatively more resources to deprived regions in all these countries.>/p>

Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://mesharpe.metapress.com/link.asp?target=contribution&id=246P850578T52785 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:eaeuec:v:48:y:2010:i:1:p:5-22

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MEEE20

Access Statistics for this article

More articles in Eastern European Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().