unemployment. If the jobs performed by domestic workers can be easily substituted by imports, then globalization reduces wages and … increases unemployment. In this situation, in the absence of any government intervention globalization not only reduces the … welfare of workers but could reduce social welfare as well. Both unemployment benefits and severance payments can protect …

unemployment. However, in many middle-income countries, a relatively large government coexists with persistently high unemployment … to long-run. Our findings do not provide any evidence that public employment reduces unemployment rate. The analysis in …

unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …

This paper asks how well Okun’s Law fits short-run unemployment movements in the United States since 1948 and in … the unemployment rate—varies substantially across countries. This variation is partly explained by idiosyncratic …