such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …

adjustment somewhere in the system except for inflation rate. Unemployment took the burden of adjustment when the bond rate sky … about internal and external transmission mechanisms that ultimately caused unemployment to increase rapidly over this period … the crisis. The authors find that the strongly increasing real bond rate and unemployment rate together with an …

of the individual is high compared to the bargaining power of the union, there is more unemployment with individual wage … vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant marginal … bargaining produces more unemployment. …

wages, this may explain why there is no clear effect of coordination on unemployment. …

relationship with the unemployment rate along with various other variables such as the government taxation, capital expansion …, unionization, inflation. Their findings suggest that the wage-productivity gap gives a robust and significantly positive response … to shocks to unemployment rate and a negative response to shocks to unionization. …

unemployment prior to and in the aftermath of the global financial crisis in Spain. He discusses the situation, where labor market … and macroeconomic policies were largely inefficient in reducing high levels of (youth) unemployment after 2007. He rises … the question why an increase in (youth) unemployment had been observed although the labor market becomes more flexible due …