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2006-06-09Buch DOI: 10.18452/3853
A Nonparametric Analysis of Regional Unemployment Dynamics in Britain
dc.contributor.authorBianchi, Marco
dc.contributor.authorZoega, Gylfi
dc.date.accessioned2017-06-15T22:21:11Z
dc.date.available2017-06-15T22:21:11Z
dc.date.created2006-06-09
dc.date.issued2006-06-09
dc.identifier.issn1436-1086
dc.identifier.urihttp://edoc.hu-berlin.de/18452/4505
dc.description.abstractThis paper estimates the probability distribution of relative county unemployment in Britain for the years 1981-1995. We find that the distribution is unimodal in all years, with a falling variance between 1989 and 1994. We use bootstrap methods to determine critical values for the two tails of the distribution, and analyse intra-distribution dynamics. An unemployment transition is defined as a move between a tail and the centre of the distribution (and vice versa). We calculate transition probabilities and find that the probability of leaving any given state is very low. We also find that high (low) unemployment regions have a higher probability of entering a state of lower (higher) unemployment than a state of higher (lower) unemployment.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.subjectpanel dataeng
dc.subjectnonparametric analysiseng
dc.subjectRegional unemploymenteng
dc.subjectasymmetric effects in the persistence of transition dynamicseng
dc.subject.ddc330 Wirtschaft
dc.titleA Nonparametric Analysis of Regional Unemployment Dynamics in Britain
dc.typebook
dc.identifier.urnurn:nbn:de:kobv:11-10064736
dc.identifier.doihttp://dx.doi.org/10.18452/3853
dc.subject.dnb17 Wirtschaft
local.edoc.container-titleSonderforschungsbereich 373: Quantification and Simulation of Economic Processes
local.edoc.pages23
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume1997
local.edoc.container-issue94
local.edoc.container-year1997
local.edoc.container-erstkatid2135319-0

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