Explaining Unemployment in Spain : Structural Change, Cyclical Fluctuations, and Labor Market Rigidities

Structural Change, Cyclical Fluctuations, and Labor Market Rigidities

Explaining Unemployment in Spain : Structural Change, Cyclical Fluctuations, and Labor Market Rigidities
Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24.6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief discussion of recent labor market reform measures and their likely Impact. A demographic shift in... READ MORE...

Publication date: September 1994
ISBN 9781451852578
$15.00

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