dynamic simulations that account for the swings of the unemployment rates before and after the 2007 crisis. Our results … productivity, and demographics, succeed in explaining a great part of the changes in unemployment in both countries …. -- unemployment dynamics ; structural multi-equation models ; chain reaction theory ; simulations ; PIGS …

other industrial sectors, in agriculture, and in services, as well as unemployment and non-participation in the labor force … present a mixed picture of social dislocation and improved reallocation. -- unemployment ; sectoral shifts ; reallocation …

; unemployment ; labor market institutions ; internal flexibility …

The purpose of the paper is to analyse how labour market and labour market institutions reacted during recent crises …

of the old-age pension system on transitions from employment to disability, unemployment and inactivity. We exploit the …

paper examines the effect of labor-market institutions on the fluctuations of age-specific unemployment rates based on panel …The way age-specific unemployment rates fluctuate over the business cycle differs significantly across countries. This … existing workforce induces the employment adjustment of new entrants into the labor market. -- unemployment ; labor market …

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …

institutions, the tax wedge definition, and the temporal focus significantly affect the results. In the long run, workers bear …