The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … Disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more …

explanatory unemployment variable in the Phillips relation is intuitively to be regarded as an indicator of labour scarcity … intermediate step between unemployment and wage inflation. Contributions by Kuh, Solow and Stiglitz in the late sixties follow this …, it is hard to derive the desired result that the wage share increases when unemployment falls. Monopolistic price …

A large literature has studied the effect of displacement on labor market outcomes in general, but none has evaluated … how the displaced manage as self-employed. This paper studies how the survival of the business is affected by displacement …-displaced individuals. The main result of the paper is that, as a consequence of previous displacement, the probability of switching from …