This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …

driver of the unusually small increase in German unemployment in the Great Recession. One possible explanation is that firms …

unemployment rate in the last quartercentury from below 3 percent to 11 percent. The institutional characteristics of wage …. Econometric evidence is presented. Unemployment differs depending on the Scandinavian, the French-Mediterranean, the German and …

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

-up process of the Argentine economy nor could it be expected to be a big loser. So, the huge amount of unemployment experienced … unemployment are discussed, the impact of the increasing unemployment and growing inequality in wage distribution on income …

such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

This paper indicates that East Germany’s unemployment originates primarily in the labor market, caused by the fast wage …

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run ‡uctuations automatically turn into long-run changes in the unemployment rate. We assert the …

model's prediction. In the presence of nominal price rigidity faster growth is shown to lead to lower unemployment if the … rate of inflation is relatively high, as was the case in the 1970s. In general, the effect of growth on unemployment is …The standard search model of unemployment predicts, under plausible assumptions about household preferences, that …

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …