We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the … coefficients are proportional to the aggregate in all four countries. We also show that the standard deviation of unemployment is …

to facilitate hiring dynamics and to minimise long-term unemployment and scarring risks among vulnerable groups who have …

, and a temporary impact on unemployment. However, labour market integration of immigrants (as well as integration of second …

This paper assesses the consequences of immigration for natives' unemployment in OECD countries and investigates the … raise temporarily natives' unemployment, over a period of approximately five to ten years. Anticompetitive product market … protection legislation magnifies its persistence, and a higher average replacement rate of unemployment benefits increases its …

We study empirically how various labor market institutions – (i) union density, (ii) unemployment benefit remuneration … more stringent labor market institutions attenuate both fiscal spending multipliers and macroeconomic volatility. This is … emanate from employment protection, followed by union density. While some labor market institutions mitigate the …