We develop a general equilibrium analysis of the impact of active labour market policy on unemployment, wages and the … employed have little exposure to unemployment and if the demand for unskilled labour is inelastic, there may be political … support for policies which actually raise the equilibrium level of total unemployment. …

In this paper we analyse the underlying causes behind Spanish unemployment which is now at 24%. We interpret this … labour market institutions. Our aim is to explain the main sources of shocks to unemployment, and the most relevant features …

the recession and peaked at more than 1.5 million. Without the extensive use of short-time work, unemployment would have …

we examine the policy effects of the minimum wage, unemployment benefits and search frictions. …

describes the strengths and weaknesses of Spain’s recent long growth cycle, the real and financial imbalances accumulated … pressure, partly initiated by unjustified catastrophic expectations about Spain, provides an opportunity for accelerating the …

-market allocation of resources and allowed Spain to accelerating growth and catching up with Western Europe. Without the 1959 Plan, per …

employment. We pay special attention to Spain, a country that has experienced a high persistent unemployment rate, and show that …

Between 1850 and 2000, Spain’s real income increased by about 40-fold, at an average rate of 2.5 percent. The sources … European Union Spain has experienced a dramatic productivity slowdown. …

Agreements are progressively implemented, is projected to have a significant impact on trade flows with Spain, as exports and … probably respond to the relative factor endowments underlying current trade patterns. Spain is likely to increase its exports … take place.The evolution of trade flows will, of course, be contingent upon developments in FDI. Most FDI in Spain in …