Introduction

Alejandro García-Cintado (), Diego Romero-Ávila () and Carlos Usabiaga
Additional contact information
Alejandro García-Cintado: Pablo de Olavide University
Diego Romero-Ávila: Pablo de Olavide University

Chapter Chapter 1 in Spanish Regional Unemployment, 2014, pp 1-7 from Springer

Abstract: Abstract Over the last decades, the Spanish economy has stood out as the advanced country with the highest unemployment rate. This outrageous figure has encouraged many international researchers to embark on the study of this phenomenon from different perspectives, with the hope of coming up with an adequate solution. In addition to being exceptionally high, the Spanish rate of unemployment has also turned out to be abnormally persistent, as many econometric studies have highlighted. Empirical work using unit root and stationarity tests has tried to discriminate among alternative macroeconomic schools/paradigms as regards the distinct approach to the labour market. In the case of the Spanish unemployment rate, the majority of such work overall points to a highly hysteretic scenario.

Keywords: Unemployment rate; Spanish labour market; Hysteresis (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:spbchp:978-3-319-03686-1_1

Ordering information: This item can be ordered from
http://www.springer.com/9783319036861

DOI: 10.1007/978-3-319-03686-1_1

Access Statistics for this chapter

More chapters in SpringerBriefs in Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().