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The Spanish Labour Market at the Crossroads: COVID-19 Meets the Megatrends

Author

Listed:
  • Dolado, Juan J.

    (Universidad Carlos III de Madrid)

  • Felgueroso, Florentino

    (FEDEA, Madrid)

  • Jimeno, Juan F.

    (Bank of Spain)

Abstract

This paper reviews the experience so far of the Spanish labour market during the Covid-19 crisis in the light of current institutions, past performance during recessions, and the policy measures adopted during the pandemic. Emphasis is placed on the role of worldwide trends in labour markets (automation and AI) in shaping a potential recovery from this (hopefully) transitory shock through a big reallocation process of employment and economic activity.

Suggested Citation

  • Dolado, Juan J. & Felgueroso, Florentino & Jimeno, Juan F., 2020. "The Spanish Labour Market at the Crossroads: COVID-19 Meets the Megatrends," IZA Discussion Papers 13869, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp13869
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    References listed on IDEAS

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    1. Zweimüller, Josef & Kettemann, Andreas & Kramarz, Francis, 2017. "Job Mobility and Creative Destruction: Flexicurity in the Land of Schumpeter," CEPR Discussion Papers 12112, C.E.P.R. Discussion Papers.
    2. Glover, Andrew & Heathcote, Jonathan & Krueger, Dirk & Ríos-Rull, José-Víctor, 2023. "Health versus wealth: On the distributional effects of controlling a pandemic," Journal of Monetary Economics, Elsevier, vol. 140(C), pages 34-59.
    3. David H. Autor & David Dorn, 2013. "The Growth of Low-Skill Service Jobs and the Polarization of the US Labor Market," American Economic Review, American Economic Association, vol. 103(5), pages 1553-1597, August.
    4. Basso, Henrique S. & Jimeno, Juan F., 2021. "From secular stagnation to robocalypse? Implications of demographic and technological changes," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 833-847.
    5. Moll, Benjamin & Kaplan, Greg & Violante, Giovanni, 2020. "The Great Lockdown and the Big Stimulus: Tracing the Pandemic Possibility Frontier for the U.S," CEPR Discussion Papers 15256, C.E.P.R. Discussion Papers.
    6. Olivier J. Blanchard & Jean Tirole, 2008. "The Joint Design of Unemployment Insurance and Employment Protection: A First Pass," Journal of the European Economic Association, MIT Press, vol. 6(1), pages 45-77, March.
    7. Antonio Cabrales & Juan J. Dolado & Ricardo Mora, 2017. "Dual employment protection and (lack of) on-the-job training: PIAAC evidence for Spain and other European countries," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 8(4), pages 345-371, November.
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    Cited by:

    1. Dennis C. Hutschenreiter & Tommaso Santini & Eugenia Vella, 2022. "Automation and sectoral reallocation," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 13(1), pages 335-362, May.
    2. Marx, Paul & Eichhorst, Werner & Rinne, Ulf & Brunner, Johannes, 2022. "Income Support for Non-covered Workers during COVID-19: A Review of Policy Responses," IZA Policy Papers 189, Institute of Labor Economics (IZA).
    3. Leonardo Bonilla-Mejía & Luz A. Florez & Didier Hermida & Francisco Lasso & Leonardo Fabio Morales & Juan Jose Ospina & José Pulido, 2023. "Is the COVID-19 Pandemic Fast-Tracking Automation in Developing Countries? Evidence from Colombia," Journal of Human Capital, University of Chicago Press, vol. 17(4), pages 593-616.
    4. Blázquez, Maite & Herrarte, Ainhoa & Moro-Egido, Ana I., 2023. "Gender differences in the effect of teleworking on job loss during the COVID-19 pandemic in Spain," Economics & Human Biology, Elsevier, vol. 51(C).
    5. Paweł Churski & Hanna Kroczak & Marta Łuczak & Olena Shelest-Szumilas & Marcin Woźniak, 2021. "Adaptation Strategies of Migrant Workers from Ukraine during the COVID-19 Pandemic," Sustainability, MDPI, vol. 13(15), pages 1-24, July.

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    Keywords

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    JEL classification:

    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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