methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high-unemployment …

, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to …

restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia. …

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory … generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise …-run unemployment over the 1980s and its rise during the late 2000s. …

labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960 …-2002, the paper identifies the elements of the flexicurity model that may have contributed to the low unemployment rate. A … the financing aspect, the paper finds that effective implementation will depend on the initial unemployment level and …

Traditionally, the impacts of the rights of financial institutions and workers on corporate performance have been …

EPL discourages both. The overall impact on equilibrium unemployment is thus ambiguous, depending on the characteristics … destruction effect is stronger, thus raising the unemployment rate. …