lower, when compared to Spain. This suggests that the hardship of being unemployed is higher in Portugal. Unemployment …, can explain this disparity. In this chapter we present some estimates of the loss of consumption suffered by unemployed …In Portugal real wage flexibility, at the macroeconomic level, is noticeably higher, while unemployment duration is …

explaining the high and persistent EU unemployment rates, focusing on several labour market institutions like collective …In this paper we analyse the likely effects of Economic and Monetary Union (EMU) on European unemployment. We start by … describing the current unemployment situation in the European Union (EU). In so doing, we try to assess the relative importance …

most effective program to bring down unemployment. Public employment services have some impact while subsidized jobs are …We present a theoretical and empirical analysis of different types of active labour market policies (ALMP). In our … empirical analysis we use data on 20 OECD countries covering the time period 1985-99. We find that labour market training is the …

‘atypical’/temporary/part-time employment contracts for new entrants in the labour market. As a result, the incidence of … other countries. Secondly, we address the puzzle of why temporary employment in Spain remains so high, despite recent labour … contrast with other institutional reforms of the labour market, there seems to be a common strategy of maintaining strict …

to non-wage labour costs. We also find positive effects on the transitions from unemployment and temporary employment … account for most new jobs. In 1997, however, the Spanish government attempted to reduce the incidence of temporary employment …Temporary employment contracts allowing unrestricted dismissals were introduced in Spain in 1984 and quickly came to …

Employment protection is often related to costs incurred by firms when they fire a worker. The stability of the … employment relationship, enhanced by employment protection, is also favourable to the productivity of the job. We analyse … employment protection focusing on this trade-off between adjustment costs and productivity. We show that from a welfare point of …

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

This Paper explores the optimal interaction between the tax system and unemployment compensation in insuring people … against the risks of involuntary unemployment and low ability. To that end, we introduce search unemployment in a model of … and the unemployment benefit) increases if, for efficient agents, the participation constraint (governing job search …

This Paper presents the results of an experimental study on unemployment benefit sanctions. The experimental set … that discourage the unemployed from risking benefit sanctions (the ex ante effect). We find that both effects matter … outflow from unemployment. …

We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … originates from the increased effectiveness of labour supply. We advocate that for a given loss in welfare for the unemployed … search guidelines - affect unemployment. In our analysis we find that not only micro-effects concerning the behaviour of …