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Charlie Lees
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Commented Apr 10, 2013 on More on firing costs and unemployment during the crisis at Dani Rodrik's weblog
More on firing costs and unemployment during the crisis
My previous post has apparently produced some incomprehension. I thought it was a rather simple point, but I guess I should have been less telescopic. Here is the point. Spain’s unemployment has doubled since 2008, going from 10 percent to 20 percent. That is a hell of a shock to labor demand. L...
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