Long-Standing Unemployment Divergence: Spain vs. Germany and Denmark (Figure 2.29)
Data from Figure 2.29 reveals a persistent and long-term divergence in unemployment rates between Spain and countries like Germany and Denmark. This gap has been a notable feature of their economies since the late 1970s, highlighting deep-seated structural differences rather than short-term fluctuations.
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Ch.2 Unemployment, wages, and inequality: Supply-side policies and institutions - The Economy 2.0 Macroeconomics @ CORE Econ
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Long-Standing Unemployment Divergence: Spain vs. Germany and Denmark (Figure 2.29)