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 th...

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Bibliographic Details
Main Author: Franks, Jeffrey
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/102
Online Access:Full text available on IMF