This paper analyses the labour markets of Spain and Ireland, which have experienced a severe downturn in the recent … global crisis as reflected by the largest increases in their unemployment rates among other developed economies. Spain and …

This paper delves into the recent events that led to the formation of the housing bubble in Spain and the resulting … with different equilibria descriptive of the labor markets in Spain and France, where the unemployment rates went from the … unemployment rate in Spain has jumped to much higher levels while switching between equilibria or, what is the same, because of …