taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European … decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis … suggests that the reform on job security had no significant effect on the aggregate rate of unemployment …

productivity, real wages and employment. To quantify the effects of reallocation intensity on employment, we estimate regression … other variables as instruments. We find large positive effects of worker reallocation rates on employment, especially for …. These results suggest the U.S. economy faced serious impediments to high employment rates well before the Great Recession …

We revisit the hypothesis that cyclical fluctuations in unemployment are caused by shocks to the discount rate. We use … in the EU rate. The response of the unemployment rate is minuscule. These findings are at odds with the actual behavior … large unemployment fluctuations. We show that aggregate productivity shocks generate the correct comovement between the UE …

and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …

, will have large effects on the pattern of employment across different sectors of the economy and will require a substantial …

We survey the recent empirical literature on the effects of offshoring on wages, employment and displacement. We start … offshoring across occupations. Finally, we survey the literature that examines how offshoring affects employment and displacement …

States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains … largely above its pre-recession level. We find two main explanations for these differences. First, the large employment swings …

the labor cost of employers who, as a consequence, create more jobs per unemployed when there are more immigrants. Because …-skilled labor markets, increasing unemployment of native low skilled. Legalization, instead decreases the unemployment rate of low …

This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral … reductions in labor market frictions increase a country's welfare, can raise or reduce its unemployment rate, yet always hurt the …

employers to employees, employment also falls. Our results indicate that a 10% increase in payroll taxes lowered formal … employment by between 4% and 5%. In addition, we find some evidence of less shifting and larger disemployment effects for …