Unemployment Convergence in Central and Eastern European Countries: Driving Forces and Cluster Behavior
Impacto
Scholar |
Otros documentos de la autoría: Cuestas, Juan Carlos; Monfort Bellido, Mercedes; Ordóñez, Javier
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Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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http://dx.doi.org/10.1080/1540496X.2015.1011537 |
Metadatos
Título
Unemployment Convergence in Central and Eastern European Countries: Driving Forces and Cluster BehaviorFecha de publicación
2015Editor
Taylor & FrancisISSN
1540-496X; 1558-0938Tipo de documento
info:eu-repo/semantics/articleVersión de la editorial
http://www.tandfonline.com/doi/pdf/10.1080/1540496X.2015.1011537Palabras clave / Materias
Resumen
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 ... [+]
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. [-]
Publicado en
Emerging Markets Finance & Trade, 2015, vol. 51, núm. 1Derechos de acceso
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