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Spanish Unemployment: The End of the Wild Ride?


Samuel Bentolila


Centro de Estudios Monetarios y Financieros (CEMFI); Centre for Economic Policy Research (CEPR); CESifo (Center for Economic Studies and Ifo Institute for Economic Research)

Juan Francisco Jimeno-Serrano


Foundation for Applied Economic Research (FEDEA); Universidad de Alcala; Centre for Economic Policy Research (CEPR); Institute for the Study of Labor (IZA)
May 2003

CESifo Working Paper Series No. 940

Abstract:     
Over the last quarter century, the Spanish unemployment rate has gone from 3.5 per cent to 24 per cent of the labor force, and then back to 13 per cent. In this paper we describe this extraordinary evolution more in detail, discuss the main shocks and institutions behind it, and provide a set of policy implications derived from our analysis.

Number of Pages in PDF File: 30

JEL Classification: J64, J68

working papers series


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Date posted: June 11, 2003  

Suggested Citation

Bentolila, Samuel and Jimeno-Serrano, Juan Francisco, Spanish Unemployment: The End of the Wild Ride? (May 2003). CESifo Working Paper Series No. 940. Available at SSRN: http://ssrn.com/abstract=413841

Contact Information

Samuel Bentolila (Contact Author)
Centro de Estudios Monetarios y Financieros (CEMFI) ( email )
Casado del Alisal 5
28014 Madrid
Spain
+34 91 429 0551 (Phone)
+34 91 429 1056 (Fax)
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
Poschinger Str. 5
Munich, DE-81679
Germany
Juan Francisco Jimeno-Serrano
Foundation for Applied Economic Research (FEDEA) ( email )
Jorge Juan 46
Madrid, 28001
Spain
+34 91 435 0401 (Phone)
+39 91 577 9575 (Fax)
Universidad de Alcala
Plaza de San Diego s/n
Alcala de Henares
E-28801 Madrid
Spain
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
Institute for the Study of Labor (IZA)
P.O. Box 7240
Bonn, D-53072
Germany
Feedback to SSRN (Beta)


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