This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

provisions combined with collective financing via taxes. However, a high employment rate is needed to ensure financial viability … employment ratio, namely, demographic changes, a growth dilemma and globalization. This paper discusses how these challenges …

labour market policies to a more active focus on job search and employment. The policy tightened eligibility for unemployment …Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity … model may have, a low and stable unemployment rate is not automatically among them since the basic flexicurity properties …

programme when they take into account that workfare is a condition for remaining eligible for unemployment benefits. This … outside option becomes less attractive. Introduction of workfare policies into an unemployment insurance scheme is shown to … contribute to a reduction in both open and total unemployment. It is also shown that the direct search effects of workfare …