employment income (-0.97%), as well as an increase of unemployment (2.11%). …

Okun's Law postulates a stable relationship between quarterly output growth and changes in (un)employment. This …

Can governmental policies mitigate the effects of recessions on unemployment? We study whether the Swiss short …-time work (STW) program reduced unemployment in the 2009-2015 period using quarterly establishment-level panel data linking … several administrative data sources. We compare changes in permanent layoffs into unemployment, hiring from unemployment …

The average unemployment rate in Europe has been consistently higher than in the United States since 1980. The main …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade … unions lower their claims for wage mark-ups resulting in lower wage growth and lower unemployment. This paper uses …

The increase in unemployment to relatively high levels for Switzerland in the 1990s gave rise to two fears: First, that … unemployment, i.e. the rate of employment that prevails even in favourable economic conditions, is on an increasing trend. This … "equilibrium" rate of unemployment exhibit a large spread and tend to follow actual rates. Our judgement is, that its increase over …