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Published on Friday, August 25, 2017 | Updated on Friday, August 25, 2017

The effects of wage flexibility on activity and employment in the Spanish economy

Together with Greece, Spain was the European country with the highest unemployment increase during the Great Recession, despite a fall in GDP similar to that in other economies. Objective of this paper: to quantify the macroeconomic effects of the changes in the labour market since 2012.

Documents and files

Presentation (PDF)

TR_DGU_Wage Flexibility_EEA_21ago2017 _v2

English - August 25, 2017

Authors

Rafael Doménech
Rafael Doménech Head of Economic analysis
BBVA Research
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Juan Ramón García
Juan Ramón García Principal economist for Spain & Portugal
BBVA Research
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Camilo Ulloa
Camilo Ulloa Principal economist for Spain & Portugal
BBVA Research
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