Puhani, Patrick A. - In: CESifo economic studies : CESifo, a joint initiative of … 50 (2004) 2, pp. 299-317
This note tests whether the extraordinary rise in Spanish unemployment in the 1980s can be traced back to rigidities in the earnings structure in the face of relative net demand shocks against the unskilled (this claim is also known as the Krugman hypothesisʺ). I can establish that youth...
