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Unemployment Convergence in Central and Eastern European Countries: Driving Forces and Cluster Behavior
dc.contributor.author | Cuestas, Juan Carlos | |
dc.contributor.author | Monfort Bellido, Mercedes | |
dc.contributor.author | Ordóñez, Javier | |
dc.date.accessioned | 2016-06-09T17:44:01Z | |
dc.date.available | 2016-06-09T17:44:01Z | |
dc.date.issued | 2015 | |
dc.identifier.issn | 1540-496X | |
dc.identifier.issn | 1558-0938 | |
dc.identifier.uri | http://hdl.handle.net/10234/160526 | |
dc.description.abstract | Employing a nonlinear logistic smooth transition autoregression system and comovement analysis, we find that the German business cycle has acted as a common driver affecting the cyclical behavior of unemployment rates in Central and Eastern European countries. In addition, we identify two convergence clubs in unemployment dynamics. The first comprises the Baltic States, Hungary, and Poland, and the second group of countries is composed of the Czech Republic and Slovakia. Interestingly, this classification matches the labor market policies and institutional divergences observed among these countries. | ca_CA |
dc.description.sponsorShip | Juan Carlos Cuestas and Javier Ordóñez gratefully acknowledge the financial support of the MICINN (Ministerio de Ciencia e Innovación, Spain) research grant EC02011–30260-C03–01. Javier Ordóñez gratefully acknowledges the financial support of the Generalitat Valenciana project PROMETEO/ 2009/098 and the University Jaume I project P11B2014-17. | ca_CA |
dc.format.extent | 16 p. | ca_CA |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | Taylor & Francis | ca_CA |
dc.relation.isPartOf | Emerging Markets Finance & Trade, 2015, vol. 51, núm. 1 | ca_CA |
dc.rights | Copyright © Taylor & Francis Group, LLC Copyright of Emerging Markets Finance & Trade is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. | ca_CA |
dc.rights.uri | http://rightsstatements.org/vocab/InC/1.0/ | * |
dc.subject | Business cycle | ca_CA |
dc.subject | Economic integration | ca_CA |
dc.subject | Nonlinearities | ca_CA |
dc.subject | Transition economies | ca_CA |
dc.subject | Unemployment | ca_CA |
dc.title | Unemployment Convergence in Central and Eastern European Countries: Driving Forces and Cluster Behavior | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | http://dx.doi.org/10.1080/1540496X.2015.1011537 | |
dc.rights.accessRights | info:eu-repo/semantics/restrictedAccess | ca_CA |
dc.relation.publisherVersion | http://www.tandfonline.com/doi/pdf/10.1080/1540496X.2015.1011537 | ca_CA |
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