Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

This paper analyzes the role of labor market institutions for youth unemployment, as contrasted to total unemployment …. The empirical results are basically consistent with an insider view of labor market institutions. Labor market … institutions tend to protect (older) employees but might harm (young) entrants. Remarkable is especially the significant and very …

consistent with firms utilising part-time work to adjust their labour force to changing economic conditions. Institutions and …

, framework conditions and political institutions increase the resilience towards adverse shocks and reduce the incidence of … institutions. The above exercises can be used to establish a governance process towards more resilient economic structures (as e …

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …