extractive economic and political institutions even after the weighted voting system was abolished and universal suffrage … using both extractive economic and political institutions (Acemoglu and Robinson (2008)). …

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 …

significantly higher proportion of female workers in Europe prefer inactivity and a significantly lower percentage prefer full …

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …

We quantify the degree of persistence in unemployment rates of transition countries using a variety of methods … unit roots in unemployment. Since this is potentially a narrow definition, we also take into account the existence of … structural breaks and non-linear dynamics in unemployment. Finally, we examine whether CEECs' unemployment presents features of …

alternative monetary rules on unemployment dynamics in the euro area and the US. We use the inflation forecasts of 8 competing …

paper, we present a model with equilibrium unemployment which has three distinctive properties. First, using a search and …, which allows the model to reproduce the fluctuations of unemployment over the business cycle. And third, the model implies a … reasonable elasticity of steady state unemployment with respect to changes in benefits. The calibration of the model implies low …

This paper investigates the importance of labor market institutions for inflation and unemployment dynamics. Using the … Unemployment Rigidities (UR) and those that cause Real Wage Rigidities (RWR). The two types of institutions have opposite effects … New Keynesian framework we argue that labor market institutions should be divided into those institutions that cause …