employment turnover and high insurance can co-exist with an American-type steady-state with low unemployment, high employment …

, when regulations were introduced after a period of rising wage inequality, and coincided with rapidly declining fertility …

reduces profits and and output. Employment effects are sensitive to the representation of preferences. In our benchmark, small … reductions in working time, starting from the laissez-faire equilibrium solution, always increase employment, while larger … reductions reduce employment. However, the employment gains from reducing working time are relatively small …

We study the evolution of sectoral employment and labour cost in 11 European countries over the last two decades. Our … countries and industries in employment growth, whereas country-specific effects are more important in the analysis of labour … employment. We pay special attention to Spain, a country that has experienced a high persistent unemployment rate, and show that …