economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …

labor market. Technology shocks alone replicate remarkably well the volatility in vacancies, unemployment and finding … 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 …

This paper uses a sample of 116 recession episodes in developed and emerging market economies to compare the labor …-market recovery during financial crises with that of other recession episodes. It documents two new stylized facts. First, labor …-market recovery from financial crises is characterized by either higher unemployment ("jobless recovery") or a lower real wage …

inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the …How does the asymmetry of labor market institutions affect the adjustment of a currency union to shocks? To answer this … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries …

employment level. Immigrants, being new to the labor market, may be less aware of employment protection regulations and less …

How have labor market institutions and welfare-state transfers affected jobs and productivity in Western Europe … cases and wrong in others. Protectionist labor-market policies such as employee protection laws seem to have become more … not harmed either employment or GDP. Even unemployment benefits do not have robustly negative effects …

temporary employment to unemployment, were the main factor behind the rise in unemployment; while reduced unemployment outflows … did not contribute substantially to the increase in unemployment during the early phase of the crisis …

The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …

European unemployment is widely regarded as a problem of excessive real wages. This view as it is usually expressed … reductions in taxes sufficiently large to offset any effects of diminishing returns to labor. The second part of the paper …

the estimates of the impact of labour demand shocks on participation. For men, unemployment increased in response to …