This paper challenges what is the standard account of UK unemployment, namely that the major swings in unemployment … over the past 25 years are due predominantly to movements in the underlying empirical “natural rate of unemployment” (NRU … unemployment are due, instead, to very prolonged after-effects of persistent (transitory but long-lasting) shocks. We argue that (a …

unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting …The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterised by economic …

progress. -- Out of Africa hypothesis ; human genetic diversity ; comparative development ; population density ; Neolithic …

-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged … permanent shocks (especially the rise in working-age population and the decline in capital formation), whereas the unemployment …This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which …

The East German labor market has hardly made any progress since German reunification, despite massive migration flows … German welfare system and the associated employment persistence. Even the steady decrease of labor cost (normalized by … productivity) since the beginning of the nineties did not help to kick start the East. We suggest that labor force participants …

This paper investigates the effectiveness of benefit sanctions in reducing unemployment duration. Data from the Swiss … labor market allow making a distinction between the effect of a warning that a person is not complying with eligibility … positive effect on the exit rate out of unemployment. Moreover, the stricter the sanction policy the shorter is the duration of …