Resource title

Regional Unemployment and its Persistence in Transition Countries

Resource image

image for OpenScout resource :: Regional Unemployment and its Persistence in Transition Countries

Resource description

We look at the differences in regional unemployment rates in six major transition countries and their persistence over time. We analyse the role various adjustment mechanisms play. While movement out of the labour force seems to be one consequence in many regions with high relative unemployment, there are also signs of emerging wage flexibility. Employment creation, by contrast, has not picked up in regions of high unemployment. Labour mobility also remains very limited in size although it appears to respond to basic economic incentives. Policies addressing housing market imperfections and information asymmetries are necessary to increase worker mobility and to integrate better national labour markets.

Resource author

Fabian Bornhorst, Simon Commander

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20309

Resource license

Adapt according to the presented license agreement and reference the original author.