but have limited effects on overall poverty, as many poor households do not earn a wage near MW and higher unemployment …

may have increased unemployment. It is shown that it is likely to be so if they are associated with an increase in the …

to unemployment surges, as firms are forced to cutcosts when financing becomes expensive or is no longer available. As a … result, allcountries with risk premium shocks saw unemployment surge, even as euro area corecountries managed to contain … unemployment as firms hoarded labor during thedownturn. Most striking, wage bills in euro area crisis countries and the …

employs the same or another worker, the vacancy rate increases and the unemployment rate declines. However, the scheme …

unemployment, several European economies display highly persistent unemployment dynamics. The theory of hysteresis challenges this … strong empirical evidence of unemployment hysteresis in advanced economies since the 1990s. Relying on an identification … unemployment rates to pre-shock levels …

education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market … policies, such as unemployment benefits, as well as labor taxation render matching significantly more difficult …

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 …