The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a … high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment …

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 …

We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …

inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …