We introduce search unemployment à la Pissarides into Melitz’ (2003) model of trade with heterogeneous firms. We allow … effect of trade influences labor market outcomes. Trade liberalization lowers unemployment and raises real wages as long as …

’ youth labour force was unemployed compared to 21.4 percent in EU-27 in 2011. Germany, with a youth unemployment rate of 8 … unemployment rate of adults aged 45 to 54; in Germany, this figure is only 1.7. Further peculiarities come up if unemployment is …By conventional statistics, youth unemployment seems to be quite moderate in Korea: ‘only’ 9.6 percent of the ‘active …

collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences …

domains with macro-structural relevance (employment protection legislation, unemployment benefits, wage setting). Reforms tend … improved activity rates and lower unemployment. …

determine unemployment. We show that the impact of financial variables depends strongly on the labour market context. Increased … market capitalization as well as decreased banking concentration reduce unemployment if the level of labour market regulation … intermediated credit worsens unemployment when the labour market is weakly regulated and coordinated, whereas it reduces …

This paper aims to shed light in the dynamics of Spanish regional unemployment rates and determine the driving forces … of their disparities. The Spanish economy has one of the highest unemployment rates in the EU and is characterised by … severe regional disparities. We apply the chain reaction theory of unemployment according to which the evolution of …

We explore whether finance influences the impact of labour market institutions on unemployment. Using a data set of 18 … market variables to unemployment are affected by financial factors. In Belgium, Italy, Australia, Japan and Spain, accounting …

Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market … states act as key determinants of this. We examine how the structure of unemployment across groups and its cyclical movements … last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job finding …

market and, on rigid labor markets, for unemployment. Exploiting variation in exit-exam systems across German states, we find … market, as well as with lower unemployment. …

Germany can be regarded as a showcase for labor market reforms. Moreover, its labor market responded only mildly to the …