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Does immigration affect the Phillips curve?: some evidence for Spain
Bentolila, Samuel; Dolado, Juan José; Jimeno, Juan F. - 2007
The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly … Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives' and immigrants …' labor supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …
Persistent link: https://www.econbiz.de/10010273772
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Reforming an insider-outsider labor market: The Spanish experience
Bentolila, Samuel; Dolado, Juan Jose; Jimeno, Juan F. - 2011
This paper presents a case study on reforming a very dysfunctional labor market with a deep insider-outsider divide, namely the Spanish case. We show how a dual market, with permanent and temporary employees makes real reform much harder, and leads to purely marginal changes that do not alter...
Persistent link: https://www.econbiz.de/10010280630