Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …

This paper provides robust estimates of the impact of both product and labor market regulations on unemployment using … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tend to push up the unemployment …

low unemployment. But how did it fare during the recession, especially in Denmark, which has been highlighted as having a … employment in a recession. Did the high rate of job turnover continue or did long-term unemployment rise? And did the social …

Aside from employment protection laws, which have been converging, other labor market institutions in new and old EU … institutions also differ among the new EU member states, with the Baltic countries being much more liberal than the others …

unemployment benefits. We use the 1999 unemployment insurance reform of Portugal, a quasi-natural experiment. The reform increased … the maximum duration of benefits for three groups of agents and maintained all features of the unemployment insurance for … successfully predicts the effects on the unemployment rate, the labor force participation, and the levels of unemployment and …

between wage inflation and unemployment. In this paper, we estimate a Phillips curve with time-varying coefficients separately …, available only for Italy, we relate daily wage changes to the local unemployment rate. The results confirm the steepening of the …

paper examines the effect of labor-market institutions on the fluctuations of age-specific unemployment rates based on panel …The way age-specific unemployment rates fluctuate over the business cycle differs significantly across countries. This …