This paper studies the impact of informality on the long-run relationship between inflation and unemployment in … money and credit coexist. An increase in inflation affects unemployment through two channels: the entry channel (size) and … entry and increasing unemployment. On the other hand, it shifts firms hiring decision from high separation informal jobs to …

markets, the governments of Hungary and Poland provide labor force members with unemployment compensation and a variety of …

, program impacts in both countries on unemployment compensation savings were large, and impacts on employment outcomes were …. Among subgroups, self- employment appeared to be more effective in high unemployment areas in Hungary, among females in …