Bentolila, Samuel; Dolado, Juan J.; Jimeno, Juan F. - 2007
fallen by
15 percentage points, with roughly constant inflation. This change has been more
pronounced than elsewhere. We … Spain indicates that the fall in unemployment since 1995
would have led to an annual increase in inflation of 2 … decreased by almost 15 percent-
age points, from 22% to 8%, while inflation has remained subdued, falling first from
4% to 2% in …