Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …

High unemployment in many OECD countries is often attributed, at least in part, to the generosity and long duration of … unemployment compensation. It is therefore instructive to examine a country where high unemployment exists despite the near … complete absence of an unemployment insurance system. In South Africa unemployment stood at 23% in 1997 and the unemployed have …

rates are consistent with weakly increasing returns in matching. The resulting equilibrium is not efficient. Unemployment …