| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6574 |
| DP6574 The Transmission of Domestic Shocks in Open Economies | |
| J David López-Salido; Christopher Erceg; Christopher Gust | |
| 发表日期 | 2007-11-23 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment variation there and we explore potential explanations for this outcome through related capital and labour mobility patterns. The evidence suggests that regions with high inherited skill endowments attract skilled workers as well as FDI. This mobility pattern, which helps explain the lack of convergence in regional unemployment rates, is consistent with the presence of complementarities in skill and capital. Nevertheless, we find no supporting evidence of human capital wage spillovers implied by the complementarities story. Unemployment of the least-skilled workers appears lower in areas with a higher share of college-educated labour and future research is needed to see if this finding as well as the observed migration pattern arise from different adjustments to regional shocks by education level brought about in part by Central European labour-market institutions, such as guaranteed welfare income raising effective minimum wages. |
| 主题 | Labour Economics |
| 关键词 | Complementarities Czech republic Human capital Hungary Labour mobility Regional labour markets Romania Spillovers Transition economies Ukraine |
| URL | https://cepr.org/publications/dp6574 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535413 |
| 推荐引用方式 GB/T 7714 | J David López-Salido,Christopher Erceg,Christopher Gust. DP6574 The Transmission of Domestic Shocks in Open Economies. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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