Regional labour markets in Spain: Can flexibility and local democracy reduce inefficiencies?

Poggi, Agostino

doi:10.1111/pirs.12422

Cited by 3 publications

(4 citation statements)

References 38 publications

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“…According to Wölfl and Mora-Sanguinetti (2011), the lack of geographical mobility of workers aggravated the regional disparities in unemployment by hampering labor market adjustments. The Spanish Great Recession broadened these already sizable disparities of labor-market conditions across regions (Poggi, 2019).…”

Section: The Spanish Casementioning

confidence: 99%

The effect of labor‐market differentials on interregional migration in Spain: A meta‐regression analysis

Alvarez

Royuela

2022

Journal of Regional Science

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This paper performs a meta-regression analysis to derive the role of techniques, data and variable's definition on the effect of the labor-market determinants on interregional migration.We use Spain as a case of study, a country with heterogeneous and even counterintuitive behavior of internal migration flows to its labor-market drivers. We use data from studies released over the last 40 years. The results show that migration flows respond to labor-market differentials in a theoretically consistent way. We find that the vast diversity in the studies' attributes is behind the significant heterogeneity of their estimated effects. Differences in aggregation level, variables measures, model specification, and the national economic context influence the identification of the push and pull effects.

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Section: The Spanish Casementioning

confidence: 99%

The effect of labor‐market differentials on interregional migration in Spain: A meta‐regression analysis

Alvarez

Royuela

2022

Journal of Regional Science

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“…O efeito da flexibilização da redução das desigualdades regionais foi analisado por Poggi (2019) para o caso da Espanha. Os resultados sugerem que a reforma de 2010, que tornou o mercado mais flexível, parece ter melhorado a eficiência do mercado de trabalho, mesmo que as diferenças regionais persistam ao longo do tempo.…”

Section: Fundamentação Teórica E Revisão Da Literaturaunclassified

Índice Multidimensional de Proteção Trabalhista (IMPT): uma proposição metodológica

Bagolin

Prado²

2022

Redes

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Diante da escassez de indicadores que permitam análises comparativas entre países e regiões o objetivo deste artigo é propor um índice multidimensional de proteção trabalhista utilizando dados de 152 países. Busca-se, assim, instrumentalizar o debate sobre a proteção versus flexibilização. A metodologia para construção do IMPT foi inspirada em Sartoris (2003) e Hoffmann (1998) e o índice – IMPT - varia entre zero e um e permite ranquear os países a partir das legislações trabalhistas vigentes. Os resultados mostram que o IMPT oscilou entre 0,182 para a Suazilândia e 0,729 para a Eslovênia. Os EUA, geralmente considerado um exemplo de mercado flexível, ficou na posição 143, com um IMPT de 0,243 e o Brasil obteve índice de 0,583, que caracteriza um país com proteção/flexibilidade média.

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“…It is estimated that between 1997 and 2007 Spain admitted approx. 4.5 immigrants, who influenced the demand side of the real estate market (Poggi, 2019). Another group that had an impact on this market was that of the so-called non-residents, namely people buying real estate for tourist purposes alone.…”

Section: The Monetary Policymentioning

confidence: 99%

“…With time, the growing prices reduced the economy's competitiveness (Laborda, 2010), whereas the real estate bubble burst brought the country into a crisis. Moreover, the over-regulated labor market delayed any adaptation processes (Conde-Ruiz et al, 2011;Sáez, 2011;Poggi, 2019).…”

Section: Introductionmentioning

confidence: 99%

Adopting the Euro will Cause an Increase in Prices: A Study on Inflationary Processes in Euro Area Member States

Nowaczyk¹,

Hernik²

2020

ERSJ

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Purpose: The main purpose of the article is to identify factors that may affect the course of inflation processes in Poland after the adoption of the single European currency. Design/Methodology/Approach: The mechanism triggering an inflationary spiral in the first years after the adoption of the euro was especially visible in Spain, which became the subject of comparative analysis. Based on literature, it was determined that the price increase in Spain resulted from an asymmetric demand shock. Its sources should be sought in Spain's adoption of a lower interest rate and in the structural features of the country's economy. Similarly, Poland's submission to the single monetary policy regime imposed by the European Central Bank may affect the course of inflationary processes. This study made use of the document analysis, comparative analysis, and statistical analysis methods. Findings: Factors that may affect inflation processes in Poland after the adoption of the single currency will be the adoption of a lower interest rate, and expansionary fiscal policy. Lending policy and inflation expectations will be less likely to stimulate price increases. These factors may contribute to the occurrence of asymmetric shock, i.e. surplus of global demand over supply. Reduction of the inflation risk will require a tightening of lending and fiscal policy. Otherwise, the Polish economy will be exposed to the occurrence of crises. Practical Implications: Reflections on the importance of the single European currency in the course of inflation processes can be a valuable source of information for decision makers in preventing crisis phenomena. The more so because six Central and Eastern European countries have committed themselves in the Accession Treaties to the introduction of the euro and will face similar dilemmas.

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Regional labour markets in Spain: Can flexibility and local democracy reduce inefficiencies?

Cited by 3 publications

References 38 publications

The effect of labor‐market differentials on interregional migration in Spain: A meta‐regression analysis

The effect of labor‐market differentials on interregional migration in Spain: A meta‐regression analysis

Índice Multidimensional de Proteção Trabalhista (IMPT): uma proposição metodológica

Adopting the Euro will Cause an Increase in Prices: A Study on Inflationary Processes in Euro Area Member States

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