Perspectives on Regional Unemployment in Europe

Information about Europe Europa

Explore other countries and regions »

Perspectives on Regional Unemployment in Europe
Get Code Buy
Book
Share
Series:
Occasional Papers
Author(s):
Antonio Spilimbergo, Eswar Prasad, and Paolo Mauro
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
May 1999
DOI:
http://dx.doi.org/10.5089/9781557758002.084
ISBN:
9781557758002
ISSN:
0251-6365
Page:
50
The third stage of European Economic and Monetary Union (EMU) was implemented in January 1999 against the specter of persistently high unemployment in many of the participating countries. While the high European unemployment has received considerable attention, this new IMF staff study analyzes an equally important issue: the extent of regional unemployment disparities in certain countries. The paper focuses on large and persistent differences in regional unemployment rates within several European countries. The paper includes detailed case studies of two euro area countries where regional disparities in unemployment are striking- Italy and Spain. The studies emphasize that wages are unresponsive to local labor market conditions.
Chapter

III Regional Labor Markets in Italy

Author(s):
Antonio Spilimbergo, Eswar Prasad, and Paolo Mauro
Published Date:
May 1999
    Share
    • ShareShare
    Information about Europe Europa

    Explore other countries and regions »

    Other Resources Citing This Publication

    look up citations for this publication in google scholar