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The interaction of firing costs and on-the-job search: an application of a search theoretic model to the Spanish labour market
Balakrishnan, Ravi - Banco de España - 2001
Spain has had a serious structural unemployment problem for the last 20 years. This paper argues that the interaction … of firing costs and job-to-job flows added to changes in unemployment benefits, could provide an explanation for … equilibrium unemployment increasing, since 1984. First, we construct a new series of job-to-job flows and show it is significantly …
Persistent link: https://www.econbiz.de/10005590698
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On the job search in a matching model with heterogeneous jobs and workers
Dolado, Juan J.; Jansen, Marcel; Jimeno, Juan F. - Banco de España - 2008
potential equilibria, the unemployment rates of the different types of workers, the degree of wage inequality, and the response …
Persistent link: https://www.econbiz.de/10005022282
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Measuring the NAIRU in the Spanish Economy
Estrada, Ángel; Hernando, Ignacio; López-Salido, J. David - Banco de España - 2000
This paper addresses the issue of measuring the NAIRU in the Spanish economy. We implement some of the procedures proposed in the literature to estimate the NAIRU, describing their advantages and disadvantages. Our analysis shows that these alternative approaches provide significantly different...
Persistent link: https://www.econbiz.de/10005590690
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Dual employment protection legislation: a framework for analysis
Dolado, Juan J.; Jansen, Marcel; Jimeno, Juan F. - Banco de España - 2005
EPL varying among workers of different skills on the level and composition of unemployment, job flows, productivity and …
Persistent link: https://www.econbiz.de/10005590725