Since the mid-1970s Spain has suffered from persistently high unemployment, as it has occurred in other parts of Europe. Although during the last few years the

Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24.6 percent in early 1994. This paper explores

The debt crisis and global economic changes of the 1980s caused Third World nations to restructure economic policies, community resources, the labor market, and

Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a co

We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and sectoral channels. Using S&P500 data from