In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM) framework. For this purpose, we propose a method to estimate an exactly identified Subset SVECM, which is a SVECM with short run parameter restrictions. A cointegration analysis...

Most models of labor markets and (un)employment neglect how competition among firms or sectors of the economy affects their hiring of workers and working times. Our approach pays special attention to such effects by proposing a complex stage game where firms invest in capital equipment before...

This report aims to provide policy makers in Albania with new evidence to inform the design and implementation of public policies on post-secondary education, vocational education and training (VET) system labor market information and intermediation, and labor policies. The STEP Employer Survey...

Morocco has steered significant resources towards large investments in economic sectors identified as strategic to growth, and for increased productivity and value addition. Despite Morocco's strikingly high investment rate, one of the highest in the world at an average of thirty-four percent of...

In Guinea, the quality of human capital is as crucial for economic success as its vast mineral resources. Improving the quality of education, ensuring the creation of a productive labor with high returns, and, above all, encouraging the creation of private enterprises through a favorable...