the share of the outsourced workforce is not too large, this wage moderation effect on domestic employment outweighs the … direct substitution effect so that domestic employment increases in unionized firms as outsourcing costs fall. This does not … exemption and the unemployment benefit payments affect domestic wage setting in the same way as in the absence of outsourcing …

How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …

We analyze different options for the design of a common unemployment insurance system for the euro area (EA). We assess … degree of cross-country transfers. In the baseline, we focus on a non-contingent scheme covering short-term unemployment and … find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, four …

surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian …

This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and … and turns of unemployment rates in Europe and elsewhere …

various performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that … high taxes increase unemployment, while active labour market policies tend to reduce it. We also show that stricter … employment protection, higher taxes and larger economic burden represented by the minimum wage decrease employment and activity …

performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …

analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …. Our findings allow us to draw cautious conclusions on employment subsidies paid as welfare benefits …