We examine the impact of the European Central Bank's monetary policy on the euro area labor markets over the period … 2010-2018. Using Jordà's (2005) local projection method, we find that unemployment rates decline in response to …. In the periphery countries, the reduction in unemployment rates is relatively pronounced, while in the core countries it …

unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …

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

-2019 period, we use Bayesian Model Averaging and quantile regression to assess notably the relevance of unemployment and earnings …. Moreover, one percentage point increase in the difference in the unemployment rate is associated with an increase in net …

This paper provides new estimates of Okun’s unemployment-output relationship in euro area countries between 1979 and … characterise the literature and that the responsiveness of output to unemployment is driven by idiosyncratic factors in both euro …

aggregate share of self-employed as well as its breakdown by age, skill and gender. The generosity of unemployment benefits, and …

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 … market ; unemployment ; European Union ; labour market institutions …

with simulations. Two examples based on European unemployment and inflation series are used to illustrate the virtue of the …

surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian … policy ; model uncertainty ; Bayesian model averaging ; unemployment gap ; Taylor rule …