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El Mercado De Trabajo Español En La Crisis Económica (2008-2012): Desempleo Y Reforma Laboral the Spanish Labour Market in the Economic Crisis (2008-2012): Unemployment and Labour Market Reform
| Content Provider | Semantic Scholar |
|---|---|
| Author | Meléndez, Sanromà |
| Copyright Year | 2012 |
| Abstract | In this economic crisis the Spanish labor market has generated unemployment at a rate faster than all OECD countries, reaching the highest rate also. The most immediate cause of this is the massive job losses. The differential in unemployment rate and in job loss cannot be explained by a GDP growth much more negative. Similarly, Spain and the U.S. show job losses beyond what would correspond to the collapse of the building sector. The reasons for the Spanish exceptionality are two: the significant real wage rigidity and the high external flexibility. The article shows that insufficient wage flexibility prevents a wage dynamics according to the productivity growth and limits the wage response to changes in the |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://revistaselectronicas.ujaen.es/index.php/REE/article/download/806/752 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
