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• W2100091951 abstract "This paper explores the macroeconomic determinants of UK regional unemployment and their relation to the influences on unemployment exerted by the levels and types of employment flexibility in the country. Theoretically the paper draws on Keynesian and monetarist explanations of unemployment and elaborates on how the two main theoretical approaches perceive the role of price stability, accumulation, macroeconomic shocks and labour market rigidities for unemployment. Empirically, the analysis relies on a novel set of flexibility indicators and examines their impact on regional unemployment, unemploymentpersistence, and adjustment to economic shocks. The results provide useful insights into the explored relationships and highlight the areas and conditions under which employment flexibility helps achieve favourable employment outcomes. The implications of the findings are discussed in the concluding section." @default.
• W2100091951 created "2016-06-24" @default.
• W2100091951 creator A5036191061 @default.
• W2100091951 date "2006-03-01" @default.
• W2100091951 modified "2023-09-27" @default.
• W2100091951 title "Macro-determinants of UK regional unemployment and the role of employment flexibility" @default.
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• W2100091951 hasPublicationYear "2006" @default.
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