Experiences during the Great Recession support the view that the UK labor market is relatively flexible. Unemployment … stagnation of productivity and wages; an open question is whether this represents a cyclical phenomenon or a structural problem …

Experiences during the Great Recession support the view that the UK labor market is relatively flexible. Unemployment … stagnation of productivity and wages; an open question is whether this represents a cyclical phenomenon or a structural problem …

the transitions from unemployment to employment and between different types of employment. Using individual-level panel … attending training courses while unemployed on individuals' yearly ratio of unemployment. In addition to this, we explore … small but still significantly positive effect of training in reducing post-training unemployment events. For employed …

have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the … unemployment-wage employment ratio is high. I interpret high unemployment-employment ratios as evidence of labor market frictions … labor market frictions can explain almost the entire variation in not only unemployment, but also wage employment and self …