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Spanish Unemployment: The End of the Wild Ride?

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  • Samuel Bentolila
  • Juan F. Jimeno

Abstract

Over the last quarter century, the Spanish unemployment rate has gone from 3.5% to 24% of the labor force, and then back to 13%. 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.

Suggested Citation

  • Samuel Bentolila & Juan F. Jimeno, 2003. "Spanish Unemployment: The End of the Wild Ride?," Working Papers wp2003_0307, CEMFI.
  • Handle: RePEc:cmf:wpaper:wp2003_0307
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