Measuring Unemployment Persistence by Age and Gender

Amaia Altuzarra

Journal for Economic Forecasting, 2015, issue 4, 110-133

Abstract: This paper examines the dynamics of the unemployment rates across gender and age in Spain during the period 19761q1-2013q4. A battery of unit root tests with and without structural breaks is applied to test the hypothesis of hysteresis and fractional integration techniques are used to study the persistence of the unemployment rates. Empirical evidence suggests that there are structural breaks and high level of persistence in all the series, especially in those of young and women. Consequently, differences in the dynamics of the unemployment rates between men and women as well as between young and adults should be taken into account in the design of the public policy in order to correct the effects of cyclical shocks.

Keywords: unemployment; unit root; fractional integration; gender unemployment; youth unemployment; structural breaks (search for similar items in EconPapers)
JEL-codes: C22 J64 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.ipe.ro/rjef/rjef4_15/rjef4_2015p110-133.pdf

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:rjr:romjef:v::y:2015:i:4:p:110-133

Access Statistics for this article

Journal for Economic Forecasting is currently edited by Lucian Liviu Albu and Corina Saman

More articles in Journal for Economic Forecasting from Institute for Economic Forecasting Contact information at EDIRC.
Bibliographic data for series maintained by Corina Saman ( this e-mail address is bad, please contact ).