role for the cyclicality of the unemployment outflow rate, although the contribution of the duration of unemployment is … significant. In contrast, composition effects dampen the cyclicality of the unemployment inflow rate considerably. We further … observe that the initially positive contribution of composition effects to a higher unemployment outflow rate turns negative …

unemployment rates about the behavior of labor markets and the causes of joblessness are useful. …

market institutions on informal economic activity. The measure of informal economic activity is taken from Schneider et al …. (2010), the most comprehensive study to date. The data on institutions, which cover employment protection legislation (EPL …), the tax wedge, the unemployment benefit level, unemployment benefit duration and union density, are assembled at the IZA …