impact on aggregate labor market performance and unemployment. In a two-sector labor market model with free mobility of labor …, an increase in government wages or benefits reduces private sector employment, and government employment is not an …

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

detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward … relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with …

unemployment. Key elements of the reforms were a drastic cut in benefits for the long-term unemployed and tighter job search and … reforms were associated with a fall in the earnings of workers returning to work from short-term unemployment relative to …

This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and … macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual …-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting …

This paper examines the effect of skill-biased technological change on the structure of wages, the composition of … employment and the level of unemployment in a two-sector economy with a heterogenous work force. Efficiency wage considerations …

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 …

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 … adjustment of real wages, removing disincentives for firms to hire and for workers to be employed, and improving the matching …