The impact of supply shocks on unemployment in Spain

Authors

  • Juan Carlos Cuestas Eesti Pank, Estonia

DOI:

https://doi.org/10.17811/ebl.5.4.2016.107-112

Abstract

In this paper we aim to investigate how the relationships of falls and rises in the oil price with the unemployment rate and the equilibrium unemployment rate differ in the case of Spain. It is found that while oil price movements do not have an effect on unemployment, they do have a differential effect on the equilibrium rate of unemployment for our target country.

Author Biography

Juan Carlos Cuestas, Eesti Pank, Estonia

Senior Economist

References

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Published

06-09-2016

How to Cite

Cuestas, J. C. (2016). The impact of supply shocks on unemployment in Spain. Economics and Business Letters, 5(4), 107–112. https://doi.org/10.17811/ebl.5.4.2016.107-112

Issue

Vol. 5 No. 4 (2016): December - Special Issue Selected papers from 2nd AMEF (May 2016)

Section

Special Section

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