Front Matter

Front Matter

Author(s):
Antonio Spilimbergo, Eswar Prasad, and Paolo Mauro
Published Date:
May 1999
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    © 1999 International Monetary Fund

    Production: IMF Graphics Section

    Typesetting: Choon Lee and John Federici

    Figures: Sanaa Elaroussi and Theodore F. Peters, Jr.

    Library of Congress Cataloging-in-Publication Data

    Mauro, Paolo.

    Perspectives on regional unemployment in Europe / by Paolo Mauro, Eswar Prasad, and Antonio Spilimbergo.

    p. cm. — (Occasional paper; 177)

    Includes bibliographical references.

    ISBN 1–55775-800-X

    1. Unemployment—Europe—Regional disparities. 2. Unemployment—OECD countries—Regional disparities. I. Prasad, Eswar. II. Spilimbergo, Antonio. III. Title. IV. Series: Occasional paper (International Monetary Fund); no. 177.

    HD5764.A6M35 1999

    331. 13'794—dc2199–26825

    CIP

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    recycled paper

    Contents

    The following symbols have been used throughout this paper:

    … to indicate that data are not available;

    — to indicate that the figure is zero or less than half the final digit shown, or that the item does not exist;

    – between years or months (e.g., 1994–95 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

    / between years (e.g., 1994/95) to indicate a crop or fiscal (financial) year.

    “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    The term “country,” as used in this paper, does not in all cases refer to a territorial entity that is a state as understood by international law and practice; the term also covers some territorial entities that are not states, but for which statistical data are maintained and provided internationally on a separate and independent basis.

    Preface

    This paper was prepared by Paolo Mauro, Economist, European I Department, Eswar Prasad, Senior Economist, Research Department, and Antonio Spilimbergo, Economist, Research Department.

    Section II draws extensively upon the joint work of Eswar Prasad and Francesca Utili. An earlier version of their paper was presented at the 1998 Villa Mondragone Seminar on International Macroeconomics “Unemployment in Europe Before and After EMU.” The discussants, Gilberto Antonelli and Pedro Portugal, provided many useful comments. Section III has benefited from the comments of seminar participants at the International Monetary Fund and the European Economic Association meetings.

    The paper has also benefited from discussions with and comments received from Jacques Artus, Leonardo Bartolini, Tamim Bayoumi, Luca Bianchi, Maria Carkovic, Paola Casavola, Jörg Decressin, Enrica Detragiache, Robert Flood, Pietro Garibaldi, Martin Hardy, Alexander Hoffmaister, Yusuke Horiguchi, Andrea Ichino, Pietro Ichino, Alessandro Leipold, Michael Mussa, Alessandro Prati, Danny Quah, Fulvio Rossi, Fabio Scacciavillani, Paolo Sestito, Peter Wickham, and Charles Wyplosz.

    The authors wish to acknowledge the research assistance of Madhuri Edwards of the European I Department, and Ivan Guerra and Susanna Mursula of the Research Department. Gail Berre of the External Relations Department edited the paper and coordinated its production.

    The opinions expressed in the paper are the sole responsibility of the authors and do not necessarily reflect the views of the Executive Directors, the management, or the staff of the International Monetary Fund.

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