Does deregulation decrease unemployment?: an empirical analysis of the Spanish labour market​

Fuente: Organización Internacional del Trabajo (OIT)
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Autores principales: Daniel Herrero, Luis Cardenas, Julián López Gallego
Formato: Artículo científico
Publicado: International Labour Organization 2020
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author Daniel Herrero
Luis Cardenas
Julián López Gallego
author_facet Daniel Herrero
Luis Cardenas
Julián López Gallego
Daniel Herrero
Luis Cardenas
Julián López Gallego
contents Does deregulation decrease unemployment?: an empirical analysis of the Spanish labour market​ Daniel Herrero Luis Cardenas Julián López Gallego Spain underwent two major labour reforms in 2010 and 2012 under the assumption that deregulating the labour market and decentralizing collective bargaining would automatically reduce unemployment (deregulation hypothesis). This article highlights the impact of demand and the sectoral structure of the economy to explain the behaviour of this variable (structural hypothesis). Analysing subnational panel data, the authors assess the capacity of these two hypotheses to explain unemployment trends. Their results cast doubt on the deregulation hypothesis and indicate the importance of cyclical and structural factors. 10.1111/ilr.12179 DOI https://doi.org/10.1111/ilr.12179 publication.journalArticle
format Artículo científico
id ilo_995219383502676
institution Organización Internacional del Trabajo (OIT)
publishDate 2020
publisher International Labour Organization
spellingShingle Does deregulation decrease unemployment?: an empirical analysis of the Spanish labour market​
Daniel Herrero
Luis Cardenas
Julián López Gallego
Does deregulation decrease unemployment?: an empirical analysis of the Spanish labour market​ Daniel Herrero Luis Cardenas Julián López Gallego Spain underwent two major labour reforms in 2010 and 2012 under the assumption that deregulating the labour market and decentralizing collective bargaining would automatically reduce unemployment (deregulation hypothesis). This article highlights the impact of demand and the sectoral structure of the economy to explain the behaviour of this variable (structural hypothesis). Analysing subnational panel data, the authors assess the capacity of these two hypotheses to explain unemployment trends. Their results cast doubt on the deregulation hypothesis and indicate the importance of cyclical and structural factors. 10.1111/ilr.12179 DOI https://doi.org/10.1111/ilr.12179 publication.journalArticle
title Does deregulation decrease unemployment?: an empirical analysis of the Spanish labour market​
url https://researchrepository.ilo.org/esploro/outputs/journalArticle/Does-deregulation-decrease-unemployment-an-empirical/995219383502676