global crisis as reflected by the largest increases in their unemployment rates among other developed economies. Spain and …This paper analyses the labour markets of Spain and Ireland, which have experienced a severe downturn in the recent … sets of dynamic simulations which account for the swings of the unemployment rates before and after the 2007 crisis. Our …

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 …

unemployment benefits in response to an unemployment shock in a simple, reduced-form model of the labor market. It is found that …. Adjustment costs of changing benefits can introduce hysteresis in benefit setting and unemployment. Both (very) bad and good … temporary shocks (including monetary) can permanently reduce unemployment benefits and the unemployment rate. A desirable …

of workers in Spain. Real wages are weakly procyclical in Spain and focusing on differences in different phases of the … cyclicality in recessions. Furthermore, higher levels of unemployment do not translate into additional real wages adjustments when … the economy is contracting, while lower levels of unemployment during expansions have incremental effects on wage …

This paper presents evidence of the effect of the recent phases of the business cycle in Spain and United States …, proxied by their respective unemployment rates, on the labor market of Colombian cities with high migration tradition. These … 2011 for urban areas in Colombia and a differences-in-differences approach, we find that unemployment rates of those …