Unemployment persistence in Argentina. Micro and macroeconomic analysis of its regional incidence

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 res...

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Autores principales: Féliz, Mariano, Pérez, Pablo Ernesto, Panigo, Demian
Formato: Artículo publishedVersion
Lenguaje:Inglés
Publicado: 2004
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Acceso en línea:https://www.memoria.fahce.unlp.edu.ar/art_revistas/pr.9287/pr.9287.pdf
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Sumario: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