The Youth Unemployment In Russia And Germany: A Spatial Panel Data Analysis

The purpose of this article is the comparative analysis of spatial effects and development of small business on the level of youth unemployment in the European part of Russia and Germany. The research was carried out usingthe panel analysis on 55 regions of Russia and 38 regions of Germany with use of various options of spatial weight matrixes. The special attention is given to influence of the distance to the capital on an unemployment rate.