Measuring the Cost of Covid-19 in Terms of the Rise in the Unemployment Rate: The Case of Spain
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Title
Measuring the Cost of Covid-19 in Terms of the Rise in the Unemployment Rate: The Case of SpainDate
2021Publisher
Universitaet Kiel. Institut fuer WeltwirtschaftISSN
1864-6042Bibliographic citation
Cuestas, Juan Carlos, Ordóñez, Javier and Monfort, Mercedes. "Measuring the Cost of Covid-19 in Terms of the Rise in the Unemployment Rate: The Case of Spain" Economics, vol. 15, no. 1, 2021, pp. 112-114. https://doi.org/10.1515/econ-2021-0009Type
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Abstract
In this article, we aim to estimate what the cost of Covid-19 has been in terms of unemployment for Spain. We use a simple autoregressive model to simulate what the unemployment rate would have been without the pandemic ... [+]
In this article, we aim to estimate what the cost of Covid-19 has been in terms of unemployment for Spain. We use a simple autoregressive model to simulate what the unemployment rate would have been without the pandemic and we compare this with the actual values. We also forecast the unemployment rate for 2021 and 2022 to analyse the persistence of the pandemic shock to unemployment. [-]
Is part of
Economics, vol. 15, no. 1, 2021, pp. 112-114Funder Name
University Jaume I | Generalitat Valenciana
Project code
UJI-B2020-26 | PROMETEO/2018/102
Project title or grant
Incertidumbre política y exclusión social bajo riesgo sistémico: un análisis de la zona euro | Efectos económicos y sociales de la integración real y financiera
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© 2021 Juan Carlos Cuestas et al., published by De Gruyter
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info:eu-repo/semantics/openAccess
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