decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis …This paper deals with the reform to labor market regulation implemented by Chile during the last twenty years. We … taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European …

We revisit the hypothesis that cyclical fluctuations in unemployment are caused by shocks to the discount rate. We use … a rich search-theoretic model of the labor market in which the UE, EU and EE rates are all endogenous. Analytically, we … in the EU rate. The response of the unemployment rate is minuscule. These findings are at odds with the actual behavior …

the COVID-19 pandemic reverberated through the labor market. This paper uses data from the CPS Basic Monthly Files to … employed than native men. The COVID-related labor market disruptions eliminated the immigrant employment advantage. By April …

We use a repeated large-scale survey of households in the Nielsen Homescan panel to characterize how labor markets are … implied by new unemployment claims: we estimate 20 million lost jobs by April 6th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …

the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the …

"This paper reviews the literature on employment and labor law. It is observed that all jurisdictions in the world have … extensive employment and labor law, even though many economists recommend a reduction in legal restrictions. The review of the …

firm. We overview key theories related to offshoring and its labor market effects and survey three waves of the literature …

This paper investigates the potential reasons for the surprisingly different labor market performance of the United … States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains …