major challenges for policy makers in Finland. The recession of the early 1990s showed that high unemployment can leave long …, greater flexibility in wage setting, ensuring earlier activation of unemployed and reforming unemployment and social benefits … to better support work incentives. Finland has an unusual combination of elevated unemployment replacement rates and late …

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 …

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 …

The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits … aggregate unemployment rate. Structural estimation using a German micro-data set (SOEP) allows us to discuss the effects of a … recent unemployment benefit reform (Hartz IV). The reform reduced unemployment by only 0.3%. Contrary to general beliefs, we …