经济政策不确定性对成人和青年失业的溢出效应

IF 0.4 Q4 ECONOMICS Review of Economic Perspectives Pub Date : 2022-12-01 DOI:10.2478/revecp-2023-0001
Silvo Dajčman, Alenka Kavkler, Natalia Levenko, Dejan Romih
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引用次数: 0

摘要

摘要本文研究了外国(美国、英国和中国)和国内经济政策不确定性(EPU)冲击对德国、法国、意大利和西班牙失业率的影响。该分析分别针对成人失业率和青年失业率进行。从矢量自回归模型得出的脉冲响应表明,劳动力市场中成人和青年部分的响应幅度有很大不同。在经历不确定性冲击之后,青年失业率的增幅明显高于成人失业率。法国、意大利和西班牙的情况就是如此。德国劳动力市场似乎对外国(中国除外)和国内EPU冲击具有抵抗力,而其余的劳动力市场,主要是西班牙和意大利的劳动力市场,容易受到不确定性冲击,尤其是美国EPU冲击的影响。
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Spillover effects of economic policy uncertainty on adult and youth unemployment
Abstract The paper studies the effects of foreign (the US, the UK and the Chinese) and domestic economic policy uncertainty (EPU) shocks on unemployment in Germany, France, Italy and Spain. The analysis is run separately for the rates of adult and youth unemployment. Impulse responses derived from vector autoregressive models show that the magnitudes of the responses of the adult and youth segments of the labour market are quite different. Following an uncertainty shock, the youth unemployment rate increases significantly more than the adult unemployment rate. This is the case for France, Italy and Spain. The German labour market seems to be resistant to foreign (except Chinese) and domestic EPU shocks, while the remaining labour markets, foremost the Spanish and Italian ones, are susceptible to uncertainty shocks, especially to the US EPU shocks.
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来源期刊
CiteScore
1.40
自引率
0.00%
发文量
10
审稿时长
38 weeks
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