• openAccess   Euro, crisis and unemployment: Youth patterns, youth policies? 

      Ghoshray, Atanu; Ordóñez, Javier; Sala Lorda, Héctor Elsevier (2016)
      This paper examines the occurrence of structural breaks in European unemployment associated with major institutional events. We uncover different responses of adult and youth unemployment rates. While adult unemployment ...
    • closedAccess   Inequality and Unemployment Patterns in Europe: Does Integration Lead to (Real) Convergence? 

      Monfort Bellido, Mercedes; Ordóñez, Javier; Sala Lorda, Héctor Springer Verlag (2018)
      The economic convergence criteria adopted in the Maastricht Treaty and the fiscal discipline of the Stability and Growth Pact enforced nominal convergence, leaving aside real convergence indicators. In this paper, we use ...
    • closedAccess   Oil Price Shocks and Labor Market Fluctuations 

      Ordóñez, Javier; Sala Lorda, Héctor; Silva Becerra, José Ignacio International Association for Energy Economics (2011-07)
      We examine the impact of real oil price shocks on labor market flows in the U.S. We first use smooth transition regression (STAR) models to investigate to what extent oil prices can be considered as a driving force of labor ...
    • openAccess   Real unit labour costs in Eurozone countries: drivers and clusters 

      Ordóñez, Javier; Sala Lorda, Héctor; Silva Becerra, José Ignacio Springer Verlag (2015)
      We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and ...