non accelerating inflation rate of unemployment (NAIRU) improves on univariate methods as the Hodrick-Prescott (HP) filter. …

with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long … impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … flexible labor market institutions, whereas the impact of financial crises is less pronounced but more persistent in countries …

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 …

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. …

Despite strong economic growth, a "U"-curve unemployment phenomenon in Mauritius can be observed. Unemployment plunged … growth of higher-skilled sectors coupled with rigidities in the labor market seem to account for the observed unemployment … by reforming the pay-setting institutions. …

Middle East, North Africa, Caucasus and Central Asia. These countries simultaneously display high unemployment rates, low …-sector employment rates or unemployment rates on two measures of public-sector employment point to full crowding out. This means that … rates and do not reduce overall unemployment rates. …

Despite its low unemployment rate, the recent shift in the Japanese Beveridge curve indicates increased labor mismatch … crisis. Occupational mismatch accounted for approximtely 20-40 percent of the recent rise in the unemployment rate in Japan …

German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …