Unemployment and labour force participation in Spain
Amaia Altuzarra (),
Catalina Gálvez Gálvez and
Ana González Flores
Applied Economics Letters, 2019, vol. 26, issue 5, 345-350
This article examines the relationship between the unemployment rate and the labour force participation rate in Spain. Cointegration analysis is performed for aggregate, male and female time-series. Results suggest that there is no a long-run relationship between the two variables for the aggregate and male cases. However, the findings support a long-run relationship between the two variables for the female time-series. Thus, the unemployment invariance hypothesis is supported in the two former cases but not in the latter.
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