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 …

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 …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment; and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …

. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The … predictions of our simple model are consistent with the contrasting performance of the labour market in Europe and the United … States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies …

determine local wages and unemployment; when mobility between regions is obstructed by rent subsidies and controls, unemployment … and wage differentials arise. Because unemployment benefits set a floor beneath the supply price of labor, as these … differentials rise, so too does the national unemployment rate (in declining regions unemployment is the major response, in growing …

employment increases as they approach the time when unemployment benefits are due to expire. This pattern may not carry over to … countries such as Sweden, where labour market programmes are targeted at the long-term unemployed at risk of benefit exhaustion …. This paper examines movements out of unemployment using data on unemployed individuals in Sweden. A semi …

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 …

This paper explores the optimal design of subsidies for hiring unemployed workers (‘employment vouchers’ for short) in … vouchers on employment and unemployment, the analysis shows how the optimal policy depends on the rates of hiring and firing … the context of a simple macroeconomic model of the labour market. Focusing on the short-term and long-term effects of the …

's model of equilibrium unemployment highlights the dynamics of labour markets as an important factor in the transformation …, and labour market institutions will determine the long-run unemployment rate. A brief survey of institutions reveals …This paper surveys the emerging labour markets of the transforming economies of Central and Eastern Europe. Pissarides …