countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel … performance can explain the development of unemployment in the situation of crisis in some clusters of countries much better than …

We examine empirically the impacts of labor market policies - in terms of unemployment insurance (UI) and active labor … expected unemployment duration, while improving the quality of the resultant job. Participation in ALMP raises the probability …

context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated … unemployment or resource misallocation results from such measures, these efficiency gains may be offset. Overall, Scandinavia and … Central Europe follow distinctively more interventionist policies than the English speaking countries in the Northern …

and restrictions on fixed‐term contracts; (2) unemployment benefit generosity and coverage; and (3) the intensity of … unemployment benefits and access to ALMPs. In particular, we will provide some evidence on potential changes in hirings on …

unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … capital flows, because of stronger employment adjustments in comparison with a competitive economy. We next exploit the model … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past …