various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …

The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential … output are jointly estimated; estimation integrates wage and price data with “real” and structural data; and third, the …

Poverty and unemployment remained high in Botswana. The shortcomings of the labor market policies are responsible for a … high unemployment rate. This selected issues paper sheds considerable light on ways that Botswana can enhance inclusive … growth and reduce the high level of structural unemployment. Botswana was identified as having been able to sustain the …

relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …

This paper presents empirical estimates of the policy and structural determinants of the natural rate of unemployment … real wages to their equilibrium level. Estimates are presented showing how the generosity of the unemployment insurance … system is related to past levels of unemployment. The empirical results indicate that government policies have been largely …

This Selected Issues paper analyzes labor market policies and unemployment dynamics in Spain. It provides a brief …