interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We … as well as decreased banking concentration reduce unemployment if the level of labour market regulation, union density …

to reduce the currently high unemployment among the low-skilled dramatically. Among the high-skilled, scarcities will …

performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that high taxes … increase unemployment, while active labour market policies tend to reduce it. We also show that stricter employment protection …

underemployment. Furthermore, we examine the welfare implications of trade liberalization and find that under certain conditions the …

especially important early in the unemployment spell. Our results are robust across various specifications and for two …

The “natural” in the natural rate of unemployment is a misnomer, insofar as unemployment does not occur in nature. The …” employment. As a consequence, endemic un- and underemployment is accepted as an inevitable attribute of the labor market. This is … creative restructuring of that market our aim should be bring the underemployment rate down to 1.2%, the rate that obtained in …

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence … of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working …

public unemployment insurance program requiring a significant premium payment. A safety net program--a less generous, means …

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