. Institutions and other structural factors are also found to be significant and important determinants of the rate of part … markets. Less robust evidence suggests the presence of unemployment traps for some potential part-time workers. Cross …

unemployment and decrease old age unemployment. However, once we take the wage response into account, we find that firing costs … increase both youth and old age unemployment. This happens because unions react strategically, and respond to higher firing … increase their employment prospects. However, despite this cut youth unemployment still increases with firing costs. In the …

average re-employment probabilities. Living in an area with high local unemployment reduces re-employment chances as does … somewhat if a worker is unemployed in an area with high overall unemployment. …

for a larger menu of policies, institutions and structural characteristics of the economy than has been done so far, our … endogeneity of attitudes, policies and institutions, and by allowing for the persistent nature of labor market outcomes. When we … policy variables that play a role, along with attitudes, are the tax wedge and unemployment benefits. The quantitative impact …