Employment in Spanish regionsCost control or growth-enhancing policies?

  1. Roberto Bande
  2. Marika Karanassou
  3. Héctor Sala
Zeitschrift:
Documentos de Traballo. Análise Económica

ISSN: 1138-0713

Datum der Publikation: 2018

Nummer: 66

Seiten: 1-29

Art: Arbeitsdokument

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Andere Publikationen in: Documentos de Traballo. Análise Económica

Zusammenfassung

After the Great Financial Crisis, regional disparities in Spanish unemployment remain. Since generic labour market reforms have been fruitless on their attenuation, we explore whether Spanish regions react differently to key drivers of employment and wage setting. We find that low income regions are more reactive to a growth strategy based on estimulating investment, while the high income ones are more sensitive to a strategy that keeps unit labour costs low. Our results call for more region-specific policies and discard standard labour market reforms as a unique tool to manage the unemployment rate problem

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Fuente de los datos: Dialnet