unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …

This paper painstakingly restores a vintage empirical model of unemployment determination by interacting shocks and … institutions, and runs it on recent data featuring dramatic shocks and controversial institutional change. Theoretical insights and … and turns of unemployment rates in Europe and elsewhere. …

unemployment that are in line with the data. …

part-time workers. A one percentage point increase in the unemployment rate led to an average decline in real hourly wages … of new hires are not helpful for understanding the behaviour of unemployment over the business cycle. …

institutional determinants, especially labor-market institutions, on migrants' choices. Based on a large data set constructed from … immigrant networks and negative effects of unemployment rates. In addition, we find that employment protection, union coverage … and unemployment benefits have positive effects on migration. Also good education and health systems tend to attract …