insurance or unemployment benefits. Partisan influence plays an important role in the dynamics of the welfare state. Left …

proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment …

, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates … institutional rigidities affecting unemployment impact inactivity along the same line. To cope with common problems related to the … data for unemployment insurance net replacement rates. Moreover, we check for interdependencies across product and labour …