analyze the effect of changes in the macro economic variables on the wage contract and the unemployment rate. We find that … private information may increase the responsiveness of the unemployment rate to changes in productivity. The incentive power … of the wage contracts is positively related to high productivity, low unemployment benefits and high search frictions. …

unemployment rates are much the same. Furthermore, inactivity is strongly concentrated among the unskilled and those suffering from …

example unemployment insurance. We argue that using wage data alone, it is virtually impossible to identify whether …

likely to be in work relative to stayers. Interestingly, whereas this translates into higher unemployment for men, it … decreases women's participation with no effect on unemployment once selection is accounted for. The informality of the labour …

the ease with which individuals can move between employment, unemployment and inactivity over time. The results suggest … countries. Nonetheless, transitions from unemployment and inactivity back into the labour market are relatively weak in the euro … remaining in unemployment over two consecutive periods decreased in Sweden, the euro area, and,to a lesser extent, Denmark …

European regions have experienced a polarisation of their unemployment rates between 1986 and 1996, as regions with …

unemployment. Although these contracts have been widely used, unemployment has remained about the same after fifteen years. This …

Average unemployment in Europe today is relatively high compared with OECD countries outside Europe. The majority of … countries in Europe today have lower unemployment than any OECD country outside Europe, including the US. These two fa cts are …), have very high unemployment and most of the rest have comparatively low unemployment. This variability is highly …