메뉴 건너뛰기




Volumn 41, Issue 2, 2009, Pages 219-236

New revelations about unemployment persistence in Spain: Time-series and panel data approaches using regional data

Author keywords

[No Author keywords available]

Indexed keywords

ESTIMATION METHOD; MODELING; PANEL DATA; TIME SERIES; UNEMPLOYMENT;

EID: 58949095920     PISSN: 00036846     EISSN: 14664283     Source Type: Journal    
DOI: 10.1080/00036840600994237     Document Type: Article
Times cited : (7)

References (58)
  • 1
    • 84881844837 scopus 로고
    • Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations
    • Arellano, M. and Bond, S. (1991) Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58, pp. 277-297.
    • (1991) The Review of Economic Studies , vol.58 , pp. 277-297
    • Arellano, M.1    Bond, S.2
  • 2
    • 0031868512 scopus 로고    scopus 로고
    • The impact of the early 1980s recession on British regional unemployment
    • Baddeley, M. (1998) The impact of the early 1980s recession on British regional unemployment. Applied Economics, 30, pp. 19-30.
    • (1998) Applied Economics , vol.30 , pp. 19-30
    • Baddeley, M.1
  • 3
    • 0002921351 scopus 로고
    • The persistence of unemployment
    • Barro, RJ (1988) The persistence of unemployment. American Economic Review, 78, pp. 32-37.
    • (1988) American Economic Review , vol.78 , pp. 32-37
    • Barro, R.J.1
  • 4
    • 33746959410 scopus 로고    scopus 로고
    • The role of demand management policies in reducing unemployment
    • Chapter 4 in Snower DJ and G de la Dehesa (1997) (eds) Cambridge University Press Unemployment Policy
    • Bean, C. (1997) The role of demand management policies in reducing unemployment, Chapter 4 in Snower DJ and G de la Dehesa (1997) (eds), Government options for the labour market, CEPR Conference Vol, Cambridge University Press, 83-111, Unemployment Policy
    • (1997) Government Options for the Labour Market, CEPR Conference Vol , pp. 83-111
    • Bean, C.1
  • 6
    • 0001795780 scopus 로고
    • Wage inequality and unemployment: US vs Europe
    • MA
    • Bertola, G. and Ichino, A. (1995) Wage inequality and unemployment: US vs Europe,. NBER Macroeconomics Annual, pp. 13-54. MA
    • (1995) NBER Macroeconomics Annual , pp. 13-54
    • Bertola, G.1    Ichino, A.2
  • 7
    • 0002627966 scopus 로고
    • Hysteresis and the European unemployment problem
    • Cambridge, MA
    • Blanchard, OJ and Summers, LH (1986) Hysteresis and the European unemployment problem. NBER Macroeconomics Annual, pp. 15-78. Cambridge, MA
    • (1986) NBER Macroeconomics Annual , pp. 15-78
    • Blanchard, O.J.1    Summers, L.H.2
  • 11
    • 0015894045 scopus 로고
    • An exponential model in the spectrum of a scalar time series
    • Bloomfield, P. (1973) An exponential model in the spectrum of a scalar time series. Biometrika, 60, pp. 217-226.
    • (1973) Biometrika , vol.60 , pp. 217-226
    • Bloomfield, P.1
  • 12
    • 0001397560 scopus 로고
    • Pitfalls and opportunities. What macroeconomists should known about unit roots
    • Campbell, JY and Perron, P. (1991) Pitfalls and opportunities. What macroeconomists should known about unit roots. NBER Macroeconomic Annual, 1, pp. 141-201.
    • (1991) NBER Macroeconomic Annual , vol.1 , pp. 141-201
    • Campbell, J.Y.1    Perron, P.2
  • 13
    • 0036251316 scopus 로고    scopus 로고
    • Unemployment and input prices. A fractional cointegration approach
    • Caporale, GM and Gil-Alana, LA (2002) Unemployment and input prices. A fractional cointegration approach. Applied Economics Letters, 9, pp. 347-351.
    • (2002) Applied Economics Letters , vol.9 , pp. 347-351
    • Caporale, G.M.1    Gil-Alana, L.A.2
  • 14
    • 0031494132 scopus 로고    scopus 로고
    • Is there a unit root in the inflation rate? Evidence from sequential break and panel data models
    • Culver, S. and Papell, DH (1997) Is there a unit root in the inflation rate? Evidence from sequential break and panel data models. Journal of Applied Econometrics, 12, pp. 435-444.
    • (1997) Journal of Applied Econometrics , vol.12 , pp. 435-444
    • Culver, S.1    Papell, D.H.2
  • 16
    • 0036313992 scopus 로고    scopus 로고
    • Spurious rejection using Dickey-Fuller tests
    • Cook, S. (2002) Spurious rejection using Dickey-Fuller tests. Applied Economics Letters, 9, pp. 557-562.
    • (2002) Applied Economics Letters , vol.9 , pp. 557-562
    • Cook, S.1
  • 17
    • 0009064318 scopus 로고
    • Diagnostics for heteroscedasticity in regression
    • Cook, R. and Weisberg, S. (1983) Diagnostics for heteroscedasticity in regression. Biometrika, 38, pp. 159-178.
    • (1983) Biometrika , vol.38 , pp. 159-178
    • Cook, R.1    Weisberg, S.2
  • 18
    • 0001403098 scopus 로고
    • The power problems of unit root tests in time series with autoregressive errors
    • DeJong, DN, Nankervis, J., Savin, NE and Whiteman, CH (1992) The power problems of unit root tests in time series with autoregressive errors. Journal of Econometrics, 53, pp. 323-343.
    • (1992) Journal of Econometrics , vol.53 , pp. 323-343
    • DeJong, D.N.1    Nankervis, J.2    Savin, N.E.3    Whiteman, C.H.4
  • 19
    • 85036258669 scopus 로고
    • Distributions of the estimators for autoregressive time series with a unit root
    • Dickey, DA and Fuller, WA (1979) Distributions of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 74, pp. 427-431.
    • (1979) Journal of the American Statistical Association , vol.74 , pp. 427-431
    • Dickey, D.A.1    Fuller, W.A.2
  • 20
    • 0000289304 scopus 로고
    • On the power of Dickey-Fuller tests against fractional alternatives
    • Diebold, FX and Rudebusch, G. (1991) On the power of Dickey-Fuller tests against fractional alternatives. Economic Letters, 35, pp. 155-160.
    • (1991) Economic Letters , vol.35 , pp. 155-160
    • Diebold, F.X.1    Rudebusch, G.2
  • 21
    • 0031445849 scopus 로고    scopus 로고
    • The causes of Spanish unemployment; a structural VAR approach
    • Dolado, JJ and Jimeno, JF (1997) The causes of Spanish unemployment; a structural VAR approach. European Economic Review, 41, pp. 1281-1307.
    • (1997) European Economic Review , vol.41 , pp. 1281-1307
    • Dolado, J.J.1    Jimeno, J.F.2
  • 22
    • 0030356207 scopus 로고    scopus 로고
    • Efficient tests for an autoregressive unit root
    • Elliot, G., Rothenberg, T. and Stock, J. (1996) Efficient tests for an autoregressive unit root. Econometrica, 64, pp. 813-836.
    • (1996) Econometrica , vol.64 , pp. 813-836
    • Elliot, G.1    Rothenberg, T.2    Stock, J.3
  • 24
    • 0002135844 scopus 로고
    • The role of monetary policy
    • Friedman, M. (1968) The role of monetary policy. American Economic Review, 58, pp. 1-17.
    • (1968) American Economic Review , vol.58 , pp. 1-17
    • Friedman, M.1
  • 26
    • 0035418607 scopus 로고    scopus 로고
    • A fractionally integrated exponential model for UK unemployment
    • Gil-Alana, LA (2001) A fractionally integrated exponential model for UK unemployment. Journal of Forecasting, 20, pp. 329-340.
    • (2001) Journal of Forecasting , vol.20 , pp. 329-340
    • Gil-Alana, L.A.1
  • 27
    • 0034945519 scopus 로고    scopus 로고
    • The persistence of unemployment in the USA and Europe in terms of fractionally ARIMA models
    • Gil-Alana, LA (2001) The persistence of unemployment in the USA and Europe in terms of fractionally ARIMA models. Applied Economics, 33, pp. 1263-1269.
    • (2001) Applied Economics , vol.33 , pp. 1263-1269
    • Gil-Alana, L.A.1
  • 28
  • 30
    • 84981653421 scopus 로고
    • On the causes of hysteresis in long term unemployment in the Netherlands
    • Graafland, JJ (1991) On the causes of hysteresis in long term unemployment in the Netherlands. Oxford Bulletin of Economics and Statistics, 53, pp. 155-170.
    • (1991) Oxford Bulletin of Economics and Statistics , vol.53 , pp. 155-170
    • Graafland, J.J.1
  • 32
    • 21344476815 scopus 로고
    • On the power of unit root tests against fractional alternatives
    • Hassler, U. and Wolters, J. (1994) On the power of unit root tests against fractional alternatives. Economic Letters, 45, pp. 1-5.
    • (1994) Economic Letters , vol.45 , pp. 1-5
    • Hassler, U.1    Wolters, J.2
  • 33
    • 0042963975 scopus 로고    scopus 로고
    • Change-point estimation of fractionally integrated processes
    • Hsu, CC and Kuan, CM (1998) Change-point estimation of fractionally integrated processes. Journal of Time Series Analysis, 19, pp. 693-708.
    • (1998) Journal of Time Series Analysis , vol.19 , pp. 693-708
    • Hsu, C.C.1    Kuan, C.M.2
  • 35
    • 0013498103 scopus 로고    scopus 로고
    • Testing for unit root in heterogeneous panels
    • Im, K., Pesaran, H. and Shin, Y. (2003) Testing for unit root in heterogeneous panels. Journal of Econometrics, 115, pp. 53-74.
    • (2003) Journal of Econometrics , vol.115 , pp. 53-74
    • Im, K.1    Pesaran, H.2    Shin, Y.3
  • 36
    • 0001778019 scopus 로고    scopus 로고
    • Regional unemployment persistence (Spain, 1976-1994)
    • Jimeno, JF and Bentolila, S. (1998) Regional unemployment persistence (Spain, 1976-1994). Labour Economics, 5, pp. 25-51.
    • (1998) Labour Economics , vol.5 , pp. 25-51
    • Jimeno, J.F.1    Bentolila, S.2
  • 37
    • 0000495205 scopus 로고    scopus 로고
    • On the power of the KPSS test of stationarity against fractionally integrated alternatives
    • Lee, D. and Schmidt, P. (1996) On the power of the KPSS test of stationarity against fractionally integrated alternatives. Journal of Econometrics, 73, pp. 285-302.
    • (1996) Journal of Econometrics , vol.73 , pp. 285-302
    • Lee, D.1    Schmidt, P.2
  • 38
    • 0033964613 scopus 로고    scopus 로고
    • Unemployment hysteresis in the US states and the EU. A panel approach
    • Leon-Ledesma, M. (2000) Unemployment hysteresis in the US states and the EU. A panel approach. International Review of Applied Economics, 14, pp. 55-69.
    • (2000) International Review of Applied Economics , vol.14 , pp. 55-69
    • Leon-Ledesma, M.1
  • 40
    • 0000391884 scopus 로고    scopus 로고
    • Unit root tests in panel data: Asymptotic and finite-sample properties
    • Levin, A., Lin, C. and Chu, CJ (2002) Unit root tests in panel data: asymptotic and finite-sample properties. Journal of Econometrics, 108, pp. 1-24.
    • (2002) Journal of Econometrics , vol.108 , pp. 1-24
    • Levin, A.1    Lin, C.2    Chu, C.J.3
  • 41
    • 0000423634 scopus 로고
    • Sectoral shifts and cyclical unemployment
    • Lilien, DM (1982) Sectoral shifts and cyclical unemployment. Journal of Political Economy, 90, pp. 777-793.
    • (1982) Journal of Political Economy , vol.90 , pp. 777-793
    • Lilien, D.M.1
  • 43
    • 0027768530 scopus 로고
    • Testing for unit roots and persistence in OECD unemployment rates
    • Mitchell, WF (1993) Testing for unit roots and persistence in OECD unemployment rates. Applied Economics, 25, pp. 1489-1501.
    • (1993) Applied Economics , vol.25 , pp. 1489-1501
    • Mitchell, W.F.1
  • 44
    • 0000387132 scopus 로고    scopus 로고
    • LAG length selection and the construction of unit root tests with good size and power
    • Ng, S. and Perron, P. (2001) LAG length selection and the construction of unit root tests with good size and power. Econometrica, 69, pp. 1519-1554.
    • (2001) Econometrica , vol.69 , pp. 1519-1554
    • Ng, S.1    Perron, P.2
  • 45
  • 46
    • 0000185258 scopus 로고
    • Philips curves, expectations of inflation and optimal unemployment
    • Phelps, ES (1967) Philips curves, expectations of inflation and optimal unemployment. Economica, 34, pp. 254-281.
    • (1967) Economica , vol.34 , pp. 254-281
    • Phelps, E.S.1
  • 47
    • 0000257407 scopus 로고
    • Money-wage dynamics and labor-market equilibrium
    • Phelps, ES (1968) Money-wage dynamics and labor-market equilibrium. Journal of Political Economy, 76, pp. 678-711.
    • (1968) Journal of Political Economy , vol.76 , pp. 678-711
    • Phelps, E.S.1
  • 49
    • 21344446855 scopus 로고
    • Gaussian semi-parametric estimation of long range dependence
    • Robinson, PM (1995) Gaussian semi-parametric estimation of long range dependence. Annals of Statistics, 23, pp. 1630-1661.
    • (1995) Annals of Statistics , vol.23 , pp. 1630-1661
    • Robinson, P.M.1
  • 50
    • 0032794684 scopus 로고    scopus 로고
    • A note on the macroeconomic modelling of unemployment
    • Roed, K. (1999) A note on the macroeconomic modelling of unemployment. Applied Economic Letters, 9, pp. 255-258.
    • (1999) Applied Economic Letters , vol.9 , pp. 255-258
    • Roed, K.1
  • 51
    • 0032717405 scopus 로고    scopus 로고
    • Does unemployment cause unemployment? Micro evidence from Norway
    • Roed, K., Raaum, O. and Goldstein, M. (1999) Does unemployment cause unemployment? Micro evidence from Norway. Applied Economics, 31, pp. 1207-1218.
    • (1999) Applied Economics , vol.31 , pp. 1207-1218
    • Roed, K.1    Raaum, O.2    Goldstein, M.3
  • 53
    • 0031495481 scopus 로고    scopus 로고
    • Hysteresis in unemployment. Evidence from 48 states
    • Song, FM and Wu, Y. (1997) Hysteresis in unemployment. Evidence from 48 states. Economic Inquiry, 25, pp. 235-244.
    • (1997) Economic Inquiry , vol.25 , pp. 235-244
    • Song, F.M.1    Wu, Y.2
  • 54
    • 0242371075 scopus 로고    scopus 로고
    • Shortfalls of panel unit root testing
    • Strauss, J. and Yigit, T. (2003) Shortfalls of panel unit root testing;. Economic Letters, 81, pp. 309-313.
    • (2003) Economic Letters , vol.81 , pp. 309-313
    • Strauss, J.1    Yigit, T.2
  • 55
    • 0042816474 scopus 로고    scopus 로고
    • Unemployment persistence of different labour force groups in Finland
    • Tolvi, J. (2003) Unemployment persistence of different labour force groups in Finland. Applied Economcis Letters, 10, pp. 455-458.
    • (2003) Applied Economcis Letters , vol.10 , pp. 455-458
    • Tolvi, J.1
  • 58
    • 0142156488 scopus 로고    scopus 로고
    • The persistence of regional unemployment: Evidence from China
    • Wu, Z. (2003) The persistence of regional unemployment: Evidence from China. Applied Economics, 35, pp. 1417-1421.
    • (2003) Applied Economics , vol.35 , pp. 1417-1421
    • Wu, Z.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.