historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …

increases the labor market tightness in the high-skilled labor market. This leads to a rising unemployment rate and falling … wages of low-skilled workers and a falling unemployment rate and rising wages of high-skilled workers. In a cali- bration to …

increases job-finding in the private sector by 10 percentage points within one year of unemployment. Six years later, high …

migration and trade. This paper aims to check the effect of such restrictions on the unemployment of unskilled labor in the … raises unemployment for given factor intensity. The results remain same even in a slightly different structure of the economy …. In case of trade restriction, however, the rise or fall in unemployment depends on both the structure of the economy and …

individual shifts from paid employment to either unemployment or self-employment over the period 2001-13, as linked to changes in … probability of workers to become self-employed. R&D increases the probability of moving from unemployment to paid employment …