create disincentives to work, such as high tax wedges and high unemployment benefits, or enforced reductions in working hours …

The paper starts by presenting some stylised facts on youth unemployment over the last two decades, both at the euro … area and the country level. It shows that despite declining considerably over the last few years, youth unemployment has … relationship between the share of young people in the total population and the youth unemployment rate, i.e. the smaller the share …

"unemployment volatility puzzle". We let new matches andcontinuing jobs differ by their productivity levels and by their sensitivity …

job stayers is mostly accounted for by great wage adjustments during the period when the unemployment rate reaches a …

This paper studies unemployment and vacancy developments in the euro area at the aggregate and country level over the … employment losses, especially in some sectors. The extent to which the rise in unemployment and particularly long …-term unemployment reflects growing mismatch across euro area labour markets is one of the biggest questions facing euro area labour …

between labour supply and labour market institutions, assess how well labour supply reflects the demand for labour in the euro …