Un modello reggionale del mercato di lavoro per la Germania - an analisi degli shock macroeconomici e variabili della politica economica
The rise in European unemployment during the last decades stems from high unemployment in large European nations. On a sub-national level, unemployment rates within these large nations differ extensively and mirror distinct economic structures. Together with the increased economic and political complexity, regionalisation and integration within Europe, this calls for tools assisting the policy decision maker to analyse the impact of policies on a regional level. We construct such a tool and apply it to data of Western German states from 1975-2005. The model builds on previous approaches in macroeconomic labour market modelling in the Italian context and extends such approaches to incorporate the institutional setting, aspects of innovation. We utilize the model to examine reactions of regional labour markets to macro economic shocks. Specifically, the following question arises: Do labour markets of regions that have a high share of innovative industries and knowledge-intensive services respond differently to exogenous shocks than regions with less innovative industries and services? The model shows a good performance and reveals manifold insights that are useful for the regional, national as well as the supra national policy maker.
Advisor:ROTH, JURGEN; BAUSSOLA, MAURIZIO LUIGI; CAMPIGLIO, LUIGI
School:Universitr Cattolica del Sacro Cuore
Source Type:Master's Thesis
Keywords:secs p 05 econometria 02 politica economica 06 economia applicata reggionale mercato di lavoro modello macroeconomico regional economy labour market macroeconomic model
Date of Publication:06/09/2009