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Fast pace of technology proves need for skill upgrading and worker retraining; labor contracts and State initiatives can be models for such programs.
Explaining Youth Labor Market Problems in Spain: Crowding-Out, Institutions, or Technology Shifts?
matching, crowding-out returns to education
2013/10/18
This paper examines the empirical evidence regarding the poor performance of the youth labor market in Spain over the last two decades, which entails very high unemployment for both higher and lower e...