impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor market policies have a …

relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …

in more unemployment, higher inequality, and real exchange rate appreciation, but only small effects on the trade balance …

attracted increasing interest from the international community with the G-20, IMF, and World Bank Group assuming an active role …