We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We … contracts and the less restrictive rules regarding the use of the latter contracts in Spain. Using a calibrated search and …

This paper analyses the labour markets of Spain and Ireland, which have experienced a severe downturn in the recent … global crisis as reflected by the largest increases in their unemployment rates among other developed economies. Spain and …

of a whole business cycle, i.e. 2000‐2013. We focus on Spain – a country hit hard by unemployment increases in downturns …. Our results indicate that unemployment outs are crucial in understanding changes in unemployment rates in Spain …

While Spain had traditionally under-performed its European counterparts in terms of labor productivity, the trend is … reversed after 2007. The evolution of aggregate productivity in Spain during the Great Recession largely responds to the …

economic crisis. Spain is also a country which is characterised by a very high percentage of homeownership, with more than 83 …

This paper studies short-time work arrangements (ERTEs) when aggregate risk is partially sector-specific. In Spain, the …