Beveridge curve and regional mobilities of unemployed job seekers in Japan

In this paper,we explore the implication of regional mobilities of unemployed job seekers on Beveridge curve.We extend a conventional stylized model of Beveridge curve based on the equilibrium unemployment theory so that regional dependencies can be explicity addressed,and we estimate our Beveridge curve using Japanese 47 prefectural data in 2000.We apply spatial econometric methods to deal with underlying statistical problems in estimation.Holding other relevant variables of our model constant,we find negative relationships between unemployment in a region and its neighboring unemployment as well as between unemployment and vacancies.This finding is consistent with our model of Beveridge curve.Includes bibliographical reference