Bover, Olympia; Garcia-Perea, Pilar; Portugal, Pedro - 2001
Spain has the highest unemployment rate (22.2%) of any European Union country, Portugal one of the lowest (7 … and wage distributions, using micro data. We find differences in unemployment benefits (non-existent in Portugal until … agreements are set at a lower relative level in Portugal), and, in practice, higher firing costs in Spain. A key explanation of …