Congregado, Emilio; Golpe, Antonio A.; van Stel, André - In: Economic Modelling 28 (2011) 3, pp. 1099-1105
Spain is destroying more jobs than any other European country. In the third quarter of 2009, the unemployment rate stood at 17.9%, the second-highest rate in the 27-nation EU and the highest rate in the euro area (EA-16). The exponential growth of the Spanish unemployment rate is the by-product...