ABSTRACT Monthly employment data were used to analyze regional business cycles and measure the regional employment resilience of 16 South Korean metropolitan areas and provinces in the aftermath of the 2008 global economic crisis. Indicators of resilience in both a shock-induced contraction phase and a post-shock recovery phase enabled the classification of regions into four groups. An analysis of these groups showed that industrial diversification, research and development expenses and regional investments were conducive to stimulating regional employment resilience, while labour and financial markets that had a low level of heterogeneity across regions were associated with no observable impact.

中文翻译：

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韩国地区的区域商业周期和就业弹性

摘要在2008年全球经济危机之后，月度就业数据用于分析区域商业周期并衡量16个韩国大都市区和省的区域就业弹性。休克诱发的收缩阶段和休克后恢复阶段的回弹力指标可将区域分为四类。对这些群体的分析表明，产业多样化，研究与开发费用和区域投资有利于刺激区域就业弹性，而区域间异质性程度较低的劳动力和金融市场则没有明显的影响。