-term unemployment rate (which would raise equilibrium unemployment rates). However, over the medium term, we expect Canada's potential …This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple …

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 …

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 …

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 …

We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory … generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise …-run unemployment over the 1980s and its rise during the late 2000s. …