Unemployment persistence in Argentina. Micro and macroeconomic analysis of its regional incidence
| Publicado en: | World Economic Forum. No. 2 (2004). : Fudan-University, 2004 |
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| Autor Principal: | |
| Otros autores o Colaboradores: | , |
| Formato: | Artículo |
| Temas: | |
| Acceso en línea: | https://www.memoria.fahce.unlp.edu.ar/art_revistas/pr.9287/pr.9287.pdf http://sedici.unlp.edu.ar/handle/10915/89423 |
| Resumen: | The aim of this paper is to develop a simple methodology for the study of regional unemployment persistence in Argentina. We use two complementary perspectives, combining a macroeconomic (aggregate) hysteresis approach with a microeconomic dynamic (individual-two-stage) evaluation. Macroeconomic results indicate that most of the shocks affecting the unemployment rate in different regions and population sub-groups are predominantly persistent (because both participation and mainly em- ployment hysteresis). On the other hand, the microeconomic analysis allow us to detect a strong state-dependence effect (for most regions and mainly for young people and women), while duration-dependece is only significative for high unemployment periods |