causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …

In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …

potential participants. Our econometric analysis uses unusually informative data originating from administrative unemployment …

the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …

US to the worst recession the world has witnessed for over six decades. Through an in-depth review of the crisis in terms … suggested, while at the same time the majority of the world's poor had benefited insufficiently from stronger economic growth … collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences …

coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on …We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker …

positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects … through significantly reducing unemployment. The positive program effect is not due to substitution between plants in the same …,300 suggesting that in some respects investment subsidies can be cost effective. …

In order to alleviate unemployment it is often recommended to reduce social security contributions (SSC) and to … compensate for the ensuing loss in revenues by a rise in the value-added tax (VAT). Assuming unemployment to be caused by … neutralised, for example, by imposing a constant wedge, the employment impact will depend on the nature of the unemployment …