markets, crowd out productive investment and fuel unemployment. Declining wage shares in OECD countries may be driven in part …

youth unemployment are persistent and especially affect the lower-skilled. Skill and occupational mismatches of vocational … time, the labour market has been responding faster to output shocks and output growth consistent with constant unemployment …-term unemployment. …

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

contribution of each age group to total unemployment-rate differentials is also computed. An estimate of the sensitivity of age …-specific unemployment rates to the economic cycle is provided for OECD countries. France is one of the OECD countries having the highest …’s total unemployment rate differential with best-performing countries. Youth unemployment rate is especially sensitive to …

that offer the advantage of reporting monthly transitions between employment, unemployment and economic inactivity for …