challenges this proposition. He shows in a rigorous manner that employment subsidies can indeed lead to lower unemployment and … simultaneously addressing structural unemployment and inequality. …

cyclical volatility of unemployment and vacancies. The increased search of employed workers during expansions has two effects … on the unemployed: it induces firms to openmore vacancies, but employedworkers also crowd out unemployed workers in the … job search. The overall effect of OTJS on unemployment volatility is thus ambiguous. We showanalytically and numerically …

Until the current economic crisis, the recovery capacity of the American and French labour markets had often been … current crisis, it is also relevant to study if it is actually valid on the previous period. Between 1986 and 2007, the output …

curve, which draws the classical inverse relation between the job vacancy rate and the unemployment rate, before, during … labour in the overall economy, its net effect on job vacancies in the aggregate is a priori uncertain. To clarify matters, I …