This paper analyzes the cyclical behavior of production and unemployment at regional level, using Chilean quarterly data which spans between 1986:Q1 and 2005:Q4. Once the data set is characterized, it proceeds to modeling the cyclical performance of regional unemployment using auto regressive...

In this paper we characterize the unemployment rate for the main cities of the Bío Bío Region using the state-space multivariate approach, in order to isolate and evaluate their tendency and seasonal components. We present theoretical expressions for each structural model for monthly...