Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within … particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment … provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on …

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When … growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a … critical stage in the transition process, restructuring is accompanied by a decline in unemployment. When growth is …

size to set up a quasi-experiment and data from the French labor force survey, we show that the law constrained the choice …

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

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. …

relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes …, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of … inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation. …

This paper appraises how countries with inflation targeting fared during the current crisis, with the goal of … perception of risk by markets. We also find some weak evidence that IT countries did better on unemployment rates and advanced IT …

the analysis, and demonstrates how to decompose the output gap into contributions of observed data on output, inflation …, unemployment, and other variables. A simple bar-chart of contributing factors, in the case of multi-variable methods, sharpens the …