How Do the Skilled and the Unskilled Respond to Regional Shocks? the Case of Spain
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
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.
Series:
Working Paper No. 1998/077
Subject:
Labor Labor costs Labor markets Unemployment Unemployment rate Wages
Notes:
Also published in Staff Papers, Vol. 46, No. 1, March 1999.
English
Publication Date:
May 1, 1998
ISBN/ISSN:
9781451956764/1018-5941
Stock No:
WPIEA0771998
Pages:
29
Please address any questions about this title to publications@imf.org