Regional Unemployment Persistence (Spain, 1976-94)

Samuel Bentolila and Juan F Jimeno

No 1259, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper examines the degree of persistence of regional relative unemployment. A theoretical model is built to explain the role of migration, labour-force participation, and real wage flexibility at the regional level, in determining such persistence. The model is used to account for the observed degree of persistence of regional relative unemployment in Spain, as compared to the US and the EU, also providing new estimates on real wage flexibility in Spanish regions.

Keywords: Regional Labour Adjustment; Unemployment Persistence (search for similar items in EconPapers)
JEL-codes: E24 J61 (search for similar items in EconPapers)
Date: 1995-10
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Citations: View citations in EconPapers (11)

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