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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Detalles Bibliográficos
Autor principal: Féliz, Mariano
Otros Autores: Pérez, Pablo Ernesto, Panigo, Demian
Formato: Artículo
Lenguaje:Inglés
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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
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Descripción
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