We document the presence of a trade-off between unemployment benefits (UB) and employment protection legislation (EPL …) in the provision of insurance against labour market risk. Different countries’ locations along this trade-off represent … the strictness of EPL, the generosity of UBs and the amount of redistribution involved by the financing of unemployment …

We document the presence of a trade-off between unemployment benefits (UB) and employment protection legislation (EPL …) in the provision of insurance against labour market risk. The mix of quantity restrictions and price regulations adopted … two dimensions: employment status — there are insiders and outsiders — and skills — low and high skills. We show that if …

A common explanation of low unemployment rates in the Czech Republic (CR) is the stance of active labour market … unemployment into employment. … quarterly data from employment office districts, we estimate the effects of ALMPs on the job matching process in the CR. In so …

potentially significant impact of product and labour market regulations on employment and its composition. The evidence presented …The increasing literature on the interactions between liberalization-integration of product markets and labour market … frameworks are often lacking, making it difficult to identify the linkages with observed outcomes in the labour and product …

Employment protection legislations (EPL) are not enforced uniformly across the board. There are a number of exemptions …

This paper investigates the border between formal employment, shadow employment, and unemployment in an equilibrium … employment through a mechanism that is akin to tax evasion. From the labour supply side, heterogeneous workers sort across the … employment is correlated with unemployment, and it is tolerated because the repression of shadow activity increases unemployment …

The adjustment of labour markets during transition has been quite different from that anticipated by the Optimal Speed … of Transition (OST) literature. In particular, it has involved stagnant unemployment pools, large flows to inactivity and … strikingly low workers' mobility especially when account is made of the changes occurring in the structure of employment by …

This Paper studies the border between shadow employment and unemployment. It argues that the two macroeconomic … proposes and solves a matching model of the labour market, where shadow employment emerges in equilibrium as the endogenous … the labour market trade-off implied by ‘shadow reducing policies’, it suggests that economies with low unemployment …