Cuestas, Juan Carlos; Ordóñez, Javier; Monfort, Mercedes - In: Economics : the open-access, open-assessment journal 15 (2021) 1, pp. 112-114
In this article, we aim to estimate what the cost of Covid-19 has been in terms of unemployment for Spain. We use a … simple autoregressive model to simulate what the unemployment rate would have been without the pandemic and we compare this … with the actual values. We also forecast the unemployment rate for 2021 and 2022 to analyse the persistence of the pandemic …