, leading in turn to higher, not lower, unemployment. And, even if unemployment comes down, workers may actually be worse off …, going through many spells of unemployment and fixed duration jobs, before obtaining a regular job. Looking at French data … substantial reduction in unemployment duration. If anything, their effect on welfare of young workers appears to have been …

Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard … develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment … housing costs, and lower unemployment rates. Although workers can move freely to arbitrage away differences in expected …

This short note emphasizes and illustrates two basic points: (1) The private costs of unemployment, i.e., the costs … cause of the permanently high unemployment rate in the United States. (2) The social costs of unemployment, i.e., the costs … of unemployment to the nation as a whole regardless of how they are distributed, must be judged by considering the …

taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European … decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis … suggests that the reform on job security had no significant effect on the aggregate rate of unemployment …

Two key facts about European unemployment must be explained: the rise in unemployment since the 1960s, and the … heterogeneity of individual country experiences. While adverse shocks can potentially explain much of the rise in unemployment … institutions pre-date the rise in unemployment. Based on a panel of institutions and shocks for 20 OECD nations since 1960, we find …

, permanent unemployment subsidies, firing costs, etc. Such policies create incentives to develop and adopt labor saving capital …

Colombia's unemployment rate rose to 20% during the late 1990s from less than 8% in 1994. This paper argues that this …