We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods … presence of unit roots in unemployment. Since this is potentially a narrow definition, we also take into account the existence … of structural breaks and non-linear dynamics in unemployment. Finally, we examine whether CEECsu0092 unemployment …

The Brief investigates the role of policy uncertainty in explaining the persistently high unemployment rate in the euro … area after the Great Recession and the different impact of uncertainty on flows into and out of unemployment. …