Title: Fluctuaciones y crecimiento económico en España
Abstract: Using quarterly data from 1976 to 2010, the cycles and the growth of the Spanish economy are analyzed in an attempt to identify persistent patterns. Wages fail to do their job, which is behind several economic recessions, including the current one. Previous economic recessions coexisted with positive GDP growth rates. However, the current recession also has a very severe growth problem.
Rodríguez-López, J. and M. Solís (2013): "Fluctuaciones y crecimiento económico en España", Extoikos, 9, pp. 34-41.