On both theoretical and empirical grounds, this paper provides evidence that refutes the natural rate of unemployment … (NRU) hypothesis as an explanation of the evolution of regional disparities in the unemployment rate. We first present our … analytical framework, which follows the chain reaction theory (CRT) of unemployment and argues that (i) a system of interactive …

2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …

This paper analyses the impact of the global economic crisis on unemployment and long term unemployment in the OECD. It … unemployment increases with the unemployment rate, there is persistence in long term unemployment, and that the employment … significant financial crisis and a collapse of the housing market bubble have had large increases in unemployment and long term …

This paper examines the causality relationship between immigration, unemployment and economic growth of the host …-2005 for 22 OECD countries, we find that, only in Portugal, unemployment negatively causes immigration, while in any country …, immigration does not cause unemployment. We also find that, in France, Iceland, Norway and United Kingdom, growth positively …

impact on aggregate unemployment, native- and foreign-born unemployment rates). We also find that migration is influenced by … host economic conditions (migration responds positively to host GDP per capita and negatively to host total unemployment …

rise, increase the shadow economy, but also other factors like economic ones (unemployment) are considered, too …. Specifically it is shown that the main driving forces are unemployment, self-employment and the tax burden, which have different … by self-employment (22.2%), unemployment (16.9%), personal income taxes (13.1%) and tax morale (9.5%) …

The recent financial crises, alongside a dramatic rise in unemployment on both sides of the Atlantic, suggest that … on liquidity are hit disproportionally hard. This may explain why the unemployment rate in the US during the Great …

, but sustainable, recovery. Improvement in the labor market may take some time, but many believe that unemployment will … consequences for unemployment may be worse than anticipated …

lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross … for within-country trade. Our main finding is robust to various definitions of unemployment rates and openness measures …. The preferred specification suggests that a 10 percent increase in total trade openness reduces unemployment by about one …