find much scope for improving the design of key labor market institutions-including collective bargaining and employment …

In recent years, unemployment rates in some ECCU countries have been among the highest globally. This paper evaluates … significantly associated with high structural unemployment, while the global crisis added a cyclical component. Our analysis also … unemployment is related to the phase out of EU preferences on bananas/sugar exports or to a skills mismatch. As expected …

This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral … reductions in labor market frictions increase a country's welfare, can raise or reduce its unemployment rate, yet always hurt the …

. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …

and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …