Western Europe, but by lower employment rates in Eastern and Southern Europe. …

combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of …This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … unemployment that may account for a changing pattern in the unemployment inflation trade-off. Moreover, it analyzes whether the …

the United States, (ii) the similar but more pronounced decline in Europe alongside rising unemployment rates and (iii …This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the …) differences across European countries in the role played respectively by unemployment and labor force participation. The model …

In contrast to the recently decreasing unemployment rates in the EU, long-term unemployment remains at alarming levels … standard measures of long-term unemployment and alternative measures of long-term non-employment. Next, we take a closer look …

estimates. The research period has been characterised by high labour demand, negative supply shocks, high levels of inflation …

. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment … are much lower in Europe compared to North America, while employment-to-employment flows are similar in the two continents …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …