How Do the Skilled and the Unskilled Respond to Regional Shocks? : The Case of Spain /

Are there any differences in how workers of different skill levels respond to regional shocks? This paper addresses that question using the methodology of Blanchard and Katz (1992) and a unique data set on working-age population, labor force, and employment for five educational groups (ranging from...

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Bibliografiske detaljer
Hovedforfatter: Mauro, Paolo
Andre forfattere: Spilimbergo, Antonio
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1998.
Serier:IMF Working Papers; Working Paper ; No. 1998/077
Online adgang:Full text available on IMF
Beskrivelse
Summary:Are there any differences in how workers of different skill levels respond to regional shocks? This paper addresses that question using the methodology of Blanchard and Katz (1992) and a unique data set on working-age population, labor force, and employment for five educational groups (ranging from the illiterate to the college-educated) over 1964-92 for the 50 Spanish provinces. The paper finds that the high-skilled migrate very promptly in response to a decline in regional labor demand, while the low-skilled drop out of the labor force or stay unemployed.
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Fysisk beskrivelse:1 online resource (29 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students