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countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel … performance can explain the development of unemployment in the situation of crisis in some clusters of countries much better than …
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of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …
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The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that … on liquidity are hit disproportionally hard. This may explain why the unemployment rate in the US during the Great …
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lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …
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Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
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, employment fell and unemployment rose for newly legalized men relative to the comparison group of already legal U.S. residents … amnesty on the legalized population relative to a comparison group. After the implementation of the amnesty program …
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