effects vary with prevailing economic conditions and institutions. Impulse responses of aggregate outcomes (GDP growth … that some labour market reforms (e.g. of unemployment benefit systems and job protection) pay off more quickly in good …

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …

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 …

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

into higher long-term unemployment risks. In terms of policies, the paper finds that the labour market implications of the …

transition from unemployment and selected forms of inactivity (e.g. fulfilling domestic tasks, studying) to jobs and from one job …