The Bulgarian labor market has suffered from the economic crisis, and cyclical unemployment has turned into structural unemployment. The labor market crisis is amplified by demographic change as the young and skilled labor force emigrates, aggravating a skills mismatch. Vulnerable groups are...

"This paper develops a general equilibrium model to analyze the marginal and joint impacts that alternative macroeconomic, education, and social protection policies have on the dynamics of employment and unemployment by skill level. The model introduces a disaggregated treatment of the labor...

This report lays out a strategy for Ukraine to make the transition to a market economy in the social sectors, taking into account the widespread system of benefits and the high spending on education and health inherited from the former Soviet Union. A central part of this strategy is the need to...