The paper tests three hypotheses about the causes of unemployment in the Central-East European transition economies and … in a benchmark market economy (Western part of Germany). The first hypothesis (H1) is that unemployment is caused by … inefficient matching. Hypothesis 2 (H2) is that unemployment is caused by low demand. Hypothesis 3 (H3) is that restructuring is …

labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary …) is unlikely to achieve significant reductions in unemployment. Rather, labour market reform becomes particularly …The paper analyses complementarities among a variety of labour market policies. It shows: (a) that a wide range of …

employed to unemployment facilitates a reduction in the level of employment protection; that unemployment benefits are lower …, the more employment reacts to wages; and that a higher level of unemployment and a right-wing government slow down the …In this paper we argue that many of the rigidities that characterize European labour markets can be understood as the …

In this Paper, I analyse the pros and cons of implementing structural reforms of the labour market in booms versus …

specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment … for employment protection, provided it is uniform across workers and not specifically higher for older workers. It …

The paper examines the employment and unemployment implications of permitting unemployed people to use part of their … unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment … benefits, `benefit transfers', would help replace the unemployment trap by providing an incentive to seek and provide jobs. The …

With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate …

Unemployment insurance and employment protection are typically discussed and studied in isolation. ln this paper, we … employment protection - in the form of layoff taxes; indeed, optimality requires that layoff taxes be equal to unemployment …, risk neutral firms, and random shocks to productivity. We show that, in the 'first best', unemployment insurance comes with …

and GDP per capita, (ii) differences in employment and hours worked (per capita and per worker), (iii) differences in the … lower are GDP per capita, employment, part-time work and hours worked, but the higher is GDP per hour. In addition, it … hour and lower GDP per capita, employment and part-time work than a country with less rigidity and a lower level of …