Unemployment Shocks and Material Deprivation in the European Union: A Synthetic Control Approach

Ayala, Luis, Martín-Román, Javier y Navarro-Ruiz, Carolina . (2023) Unemployment Shocks and Material Deprivation in the European Union: A Synthetic Control Approach. Economic Systems, 47 (1), 101053

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Título Unemployment Shocks and Material Deprivation in the European Union: A Synthetic Control Approach
Autor(es) Ayala, Luis
Martín-Román, Javier
Navarro-Ruiz, Carolina
Materia(s) Derecho
Abstract This paper analyzes how material deprivation responds to drastic changes in unemployment levels. We explore unemployment shocks registered in some European Union countries during the so-called Great Recession. To do so, we apply the synthetic control methodology, which has been rarely used in the field of distributive analyses. We use this approach to identify the impact of unemployment shocks on material deprivation and conduct different sensitivity analyses to test the results. We find that contrary to the traditional assumption of the low sensitivity of material deprivation measures to changes in the economic cycle, unemployment shocks have a significant and rapid impact on material deprivation. This conclusion holds even when extending the period of analysis, changing the indicator of material deprivation, or modifying the definition of unemployment shock.
Palabras clave material deprivation
unemployment shocks
synthetic control method
EUSILC
Editor(es) Elsevier
Fecha 2023
Formato application/pdf
Identificador bibliuned:DptoEAyGP-FDER-Articulos-Cnavarro-0001
http://e-spacio.uned.es/fez/view/bibliuned:DptoEAyGP-FDER-Articulos-Cnavarro-0001
DOI - identifier https://doi.org/10.1016/j.ecosys.2022.101053
ISSN - identifier 0939-3625
Nombre de la revista Economic Systems
Número de Volumen 47
Número de Issue 1
Publicado en la Revista Economic Systems, 47 (1), 101053
Idioma eng
Versión de la publicación publishedVersion
Tipo de recurso Article
Derechos de acceso y licencia http://creativecommons.org/licenses/by-nc-nd/4.0
info:eu-repo/semantics/openAccess
Tipo de acceso Acceso abierto
Notas adicionales The registered version of this article, first published in Economic Systems, is available online at the publisher's website: Elsevier https://doi.org/10.1016/j.ecosys.2022.101053
Notas adicionales La versión registrada de este artículo, publicado por primera vez en Economic Systems, está disponible en línea en el sitio web del editor: Elsevier https://doi.org/10.1016/j.ecosys.2022.101053

 
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Creado: Tue, 30 Jan 2024, 19:26:13 CET