Bentolila, Samuel; Cahuc, Pierre; Dolado, Juan José; … - FEDEA - 2010
Our goal here is to explain the strikingly different response of Spanish unemployment relative to other European economies, in particular France, during the ongoing recession. The Spanish unemployment rate, which fell from 22% in 1994 to 8% in 2007, reached 19% by the end of 2009, whereas the...