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 …

employment, informal employment, unemployment, and nonparticipation. We compute the contribution of each transition rate to … fluctuations in unemployment and informality rates. We identify five stylized facts: (i) Nearly 40% of the fluctuations in the … unemployment rate involves unemployment ins and outs from/to informal jobs. (ii) More than 40% of the fluctuations in informality …

temporary employment to unemployment, were the main factor behind rising unemployment. Reduced unemployment outflows did not … contribute substantially to the increase in unemployment during the early phase of the crisis. …

High unemployment and its social and economic consequences have lent urgency to the question of how to improve … unemployment insurance in bad times without jeopardizing incentives to work or public finances in the medium term. A possible … solution is a rule-based system that improves the generosity of unemployment insurance (replacement rate, benefit duration …

In reforming unemployment benefit systems, the policy debate should be on the appropriate level of benefits, the … subsidies needed for people who cannot contribute enough, and how to finance the subsidies, rather than on whether unemployment … insurance or individual unemployment savings accounts are better. Unemployment insurance finances subsidies through implicit …

Although the unemployment rate is traditionally used to diagnose the current state of the labor market, this indicator … unemployment GAP. This indicator is useful for policy analysis as it is useful to forecast headline inflation, it also complements …