We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …

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 …

inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …

While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits …. Our main findings are that the current still elevated levels of unemployment mostly reflect structural factors. We then … turn to why structural unemployment is so high. This paper points to skill mismatches, high tax wedges, and unemployment …

productivity in Algeria is associated with higher unemployment than the sample average, though recent positive terms of trade … unemployment is higher in Algeria than in other countries. The results are robust to various panel econometric methods and …

inflation-unemployment process. The results provide some evidence in favor of the Lucas critique by showing that the short …-run unemployment-inflation trade-off tends to improve in countries that are successful in providing low and stable inflation. …

employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy …

, we simulate the effects of this reform on unemployment, employment, and welfare. We estimate that the CNE will lead to …

restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia. …