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

Rafael Domenech, Juan Ramón García and Camilo Ulloa
Authors registered in the RePEc Author Service: Juan Ramón García López

No 16/17, Working Papers from BBVA Bank, Economic Research Department

Abstract: In this paper we estimate the macroeconomic effects of the greater wage and firms’ internal flexibility promoted by various changes in Spanish labour regulations approved since 2012. To do so, we propose a structural VAR that allows us to break down the changes in the main macroeconomic variables into different structural shocks.

Keywords: Economic Analysis; Spain; Working Paper (search for similar items in EconPapers)
JEL-codes: C32 E24 J08 (search for similar items in EconPapers)
Date: 2016-11
New Economics Papers: this item is included in nep-eec, nep-lab and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.bbvaresearch.com/wp-content/uploads/2016/11/WP_16-17.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bbv:wpaper:16/17

Access Statistics for this paper

More papers in Working Papers from BBVA Bank, Economic Research Department Contact information at EDIRC.
Bibliographic data for series maintained by OSCAR DE LAS PENAS SANCHEZ-CARO ().