and Sweden experience the lowest earnings declines following job displacement, while workers in Italy, Spain, and Portugal …

61,000 persons in Spain in 1985 when unemployment exceeded 20%--to examine the effect of unemployment insurance (UI) and … family serves as a form of welfare; (3) hazard rates linking the chances of job finding to duration of unemployment in the … 1981-85 period of massive joblessness did not decline with duration; (4) the length of unemployment spells reduces wages …

implement a case-study on the response of banks in France, Germany, Italy and Spain to a monetary tightening. The episode we …

complements because they make news discovery easier. We use Spain as a natural experiment because Google News shut down altogether …

. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset on the universe of corporate …

France while expansions have a larger impact in Italy and Spain …

for over four decades in Spain. We calculate an implicit tax rate on remaining in employment for an additional year and …

in Spain to document the existence of a robust, within-firm negative causal relationship between demand-driven changes in … structurally estimated version of this model, we conclude that the firm-level responses to the slump in domestic demand in Spain …