We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …

unemployment is affected by different labour market institutions (LMI) such as labour taxes, unemployment benefits, employment …The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … experienced a mild increase, other countries had a stable unemployment rate, while there are also 'successful' countries in which …

minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …

A rapid decrease in unemployment is a short-term priority to limit social problems and reduce the risk of rising … structural unemployment. To this end, strengthening labour market policies to sustain labour demand is key. The public works …

While employment growth has accelerated, allowing unemployment to fall significantly since 2005, many low …-skilled workers are still unemployed and the duration of unemployment spells is still long. The introduction of an in-work benefit for …. Measures to improve mobility of workers across regions, notably housing policy reform, would lower long unemployment durations …

unemployment was relatively slow with respect to sustained economic growth. Following Holden and Wulfsberg (2009), we compute a … connection to the wage bargaining system. Amid the absence of effective labor market institutions to make rigidities less …

-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …In this study we examine the contribution of severance pay to employment and unemployment development using data on … collective bargaining coordination, the role of institutions is also more muted than suggested in the literature. …