this context, Spain is regarded as an extreme case, due to its exceptionally high youth unemployment rates. This article …Since the beginning of the recession period in Europe, unemployment has greatly affected the young adult population. In … with higher levels of unemployment and instability during the Great Recession than others. To do this, retrospective data …

This paper studies short-time work arrangements (ERTEs) when aggregate risk is partially sector-specific. In Spain, the …. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …