This paper provides an empirical investigation of the wage, price and unemployment dynamics that have taken place in … unemployment, slowdown in productivity growth, higher interest rates, and loss of competitiveness. On the other hand, the access to …

The recent recession has generated a tremendous increase in unemployment rates in Spain. In this paper we use a very … rich repeated cross-section dataset on workers’ job conditions, together with regional unemployment rates, to investigate … whether peers’ unemployment affects individuals’ job satisfaction. We find that, once perceived job stability is controlled …

amount of frictional and non frictional (rationed/disequilibrium) unemployment for different standard wage-setting rules when … there are matching frictions. We also compute the frictional and non frictional unemployment rate for two economies … characterized by different labor market institutions, namely the Spanish and US economies. The empirical analysis takes into account …

The aim of this paper is to find a possible hysteresis effect on unemployment rate series from Italy, France and the … presence of hysteresis we use a nonlinear unobserved components model for unemployment series. The estimation methodology used …

order to be able to analyse the effect on unemployment for a constant replacement rate. …

institutions reached the onset of the transition earlier. This is the case after controlling for the effects of geography, climate …, religion, and legal origins. We distinguish between the roles played by formal and informal institutions, where the latter are … of institutions are significant predictors of the timing of demographic transition. Our results are robust to endogeneity …