This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher … of the unemployment rate. Our novel contribution is the estimation of panel models where we allow for heterogeneous …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance … search unemployment, skill depreciation during unemployment, and idiosyncratic as well as aggregate labor market risk. The …

of (legal) institutions alters the overall impact of regulations on capital deepening: better institutions reduce the …

unemployment that are in line with the data …

Whenever unemployment stays high for an extended period, it is common to see analyses, statements, and rebuttals about … the extent to which the high unemployment is structural, not cyclical. This essay views the Beveridge Curve pattern of … unemployment and vacancy rates and the related matching function as proxies for the functioning of the labor market and explores …

worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …