, unrest lowers confidence and raises uncertainty; however, its adverse effect on GDP can be mitigated by strong institutions …

been low investment, held back by lack of strong and independent institutions. This paper aims to assess the major areas of … economic institutions and market development. Our analysis identifies the legal system as the area where the institutional …

find much scope for improving the design of key labor market institutions-including collective bargaining and employment …

unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …

distribution. The conventional method of analysis is regression of summary inequality indices on variables such as the unemployment …

Swiss policy makers created a unique link between unemployment benefits and Active Labor Market Programs (ALMPs) by … making benefit payments conditional on program attendance after 7 months of unemployment duration. We evaluate the effect of … Active Labor Market Programs and benefit entitlement on the duration of unemployment in Switzerland. In the evaluation we …

Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …