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 …

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 …

current institutions, past performance during recessions, and the policy measures adopted during the pandemic. Emphasis is …

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 …

In this paper we study the effects of unemployment benefit duration and the business cycle on unemployment duration. We … construct durations for individuals entering unemployment from a longitudinal sample of Spanish men in 1987-1994. Estimated … discrete hazard models indicate that receipt of unemployment benefits significantly reduces the hazard of leaving unemployment …

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 … matching model, we estimate that about 45% of the surge in Spanish unemployment could have been avoided had Spain adopted …

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 … matching model, we estimate that about 45% of the surge in Spanish unemployment could have been avoided had Spain adopted …

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 … matching model, we estimate that about 45% of the surge in Spanish unemployment could have been avoided had Spain adopted …