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inefficient matching. Hypothesis 2 (H2) is that unemployment is caused by low demand. Hypothesis 3 (H3) is that restructuring is … returns to scale in matching and unemployment appears to be driven by restructuring and low demand. The East German case is … complex because of its major active labor market policies and a negative trend in efficiency in matching. In some sense, East …
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This paper reviews labor market performance in Georgia, and examines the link between labor market outcomes and poverty. At over 15 percent, the unemployment rate in the country is high by European standards. Georgia faces three main labor market issues: (a) underutilization of labor resources,...
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