Similar durations but lower flows into unemployment gave Europe lower unemployment rates than the United States until … the 1970's. But since 1980, higher durations have kept unemployment rates in Europe persistently higher than in the U.S. A … general equilibrium search model with human capital explains how these outcomes arise from the way Europe's higher firing …

rates in Europe. It is, however, unclear which features characterise the South of Italy compared to other Peripheral areas … carries out a comparative analysis of unemployment rates of the different ‘Mezzogiornos of Europe’. Finally, some policy …