2007 that include a longitudinal component. It first shows that sustained economic growth will reduce youth unemployment … reduce youth unemployment. Third, the analysis of labor market characteristics reveals that young graduates experience long … unemployment as they cue for high-skill jobs. Moreover, the public sector remains the main provider of employment opportunities for …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … theory. While labor market institutions have a large effect on output volatility, they do not seem to have much of an effect …

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

market institutions – designed for each country specifically. …

This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have …

of unemployment. We further find that allowing for on-the-job search markedly changes the quantitative predictions of the … DMP model regarding the impact of firing costs on unemployment and employment flows: ignoring on-the-job search leads one … to strongly underestimate the negative impact of firing costs on unemployment. …