The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using … flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment … and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing …

impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor market policies have a …

particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment …

Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment …

by reducing real wages below levels allowed by technological growth, changes in the unemployment rate, and institutional …

unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling and has led some to question the … structurally slower real wage growth, that is, "wage moderation," does raise output growth and lower unemployment rates. However, I …

.C from 1991 to 2008, we present econometric evidence that supports that changes in state-level unemployment rates are linked … causality going from mismatches and housing conditions to unemployment rates. The numerical estimates imply that the structural … unemployment rate in 2010 was about 1¾ percentage points higher than before the onset of the housing market meltdown at end-2006 …