This paper uses census and household survey data on Cameroon, Ghana, and South Africa to examine immigration's impact … in the context of a segmented labor market in Sub-Saharan Africa. We find that immigration affects (i) employment (ii … the impact depends on the degree of complementarity between immigrants and native workers' skills. Immigration is found to …

point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural …-level administrative data - that large immigration flows since 2012 have had dampening effects on aggregate wage growth, as complementarity …

unemployment—compared to the past. We examine another aspect that could explain this empirical finding, namely the demographic … effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and … Germany to confirm a weakening of monetary policy effectiveness over time with regards to unemployment and inflation. After …

unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …

unemployment and debt. The paper illustrates in a downside scenario, how low potential growth and crisis legacies leave the euro …

unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since …

The paper examines the consequences of fiscal consolidation in times of persistently low growth and high unemployment … unemployment at five-year horizons are significantly above one during PR episodes. These results suggest that medium-term fiscal …