In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …

Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …

setting institutions are found to be robust policy determinants of the aggregate employment and unemployment rates. Looking …

education are unequally distributed. Adequate funding for education institutions is not assured everywhere while inefficiencies …

Employment has risen by more and unemployment has risen less than expected, given the path of output. Nevertheless …, long-term and youth unemployment and involuntary part-time work are high. A polarised labour market risks worsening income …

A rapid decrease in unemployment is a short-term priority to limit social problems and reduce the risk of rising … structural unemployment. To this end, strengthening labour market policies to sustain labour demand is key. The public works …