Carlos Usabiaga: 1 book
Spanish Regional Unemployment
Disentangling the Sources of Hysteresis
Language: English
Release Date: January 18, 2014
This work investigates the time series properties of the unemployment rate of the Spanish regions over the period 1976-2011. For that purpose, the authors employ the PANIC procedures of Bai and Ng (2004), which allows to decompose the observed unemployment rate series into common factor and idiosyncratic...
