little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …

Employment protection (EPL) has a well known negative impact on labor flows as well as an ambiguous but often negative … effect on employment. In contrast, its impact on capital accumulation and capital-labor ratio is less well understood. The …

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 …

The unemployment rate in France is roughly 6 percentage points higher for African immigrants than for natives. In the … US the unemployment rate is approximately 9 percentage points higher for blacks than for whites. Commute time data … we investigate the impact of spatial mismatch on the unemployment rate of ethnic groups using the matching model proposed …

The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …

employment protection) lead to an increase of the unemployment gap, but to a lesser extent. -- specific skills ; vocational … find that holding a vocational degree is associated with much longer unemployment duration spells and higher likelihood of … unemployment compared to Estonia during the period of EU enlargement. Traditional labor market institutions (wage rigidity and …