single contract type. Calibrating our model to Spain, we find that unemployment fluctuates 21% more under duality than it … average unemployment rate. In our setup, employment grows gradually in booms, due to matching frictions, whereas the onset of … the dual economy, and therefore decreases volatility. Unfortunately, it also raises unemployment; to avoid this …

In this paper we study first the determinants of unemployment duration distinguishing between exits to temporary and … permanent jobs. Second, we study the determinants of unemployment duration for long-term unemployed, allowing for exits to …

-Pissarides economy with firm-specific productivity shocks. Our main theoretical results are twofold. First, unemployment is lower under … firm-level bargaining Second, introducing efficient opting-out of sector-level agreements suffices to bring unemployment … unemployment rate is about 5 percentage points lower under firm-level bargaining or efficient opting out than under sector …

Since the start of the Great Recession the unemployment rate in Spain has risen by almost 18 percentage points. The … unemployment crisis is affecting all population groups, including the more highly educated; but it is even more acute for the … foreign population, whose unemployment rate is close to 40%. This situation follows a period of very high immigration flows …

Spain has had a serious structural unemployment problem for the last 20 years. This paper argues that the interaction … the evolution of structural unemployment in Spain. Finally, we argue that an increase in the level of equilibrium … of firing costs and job-to-job flows added to changes in unemployment benefits, could provide an explanation for …

EPL varying among workers of different skills on the level and composition of unemployment, job flows, productivity and …

This paper studies the effect of labor market reform, in the form of reductions in firing costs and unemployment …