This paper proposes a stylized sequencing of banking supervision and bank restructuring measures designed to complement … because the initial cost of bank restructuring can be offset, partly, through the budgetary effects of improved enterprise …

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 …

The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential …

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 …

This paper examines the potential contribution of unemployment hysteresis theories to the understanding of the Belgian …