Bentolila, Samuel; García-Pérez, J. Ignacio; Jansen, … - In: SERIEs - Journal of the Spanish Economic Association 8 (2017) 1, pp. 1-41
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its persistence using state-of-the-art duration models. We...
