Based on the microbased panel datasets of the Labour Force Survey between 1998 and 2010 and the administrative Pension … probabilities from it to unemployment and to other economic branches / occupations are both about half of the corresponding …. -- labour market of the public sector ; labour market transition probabilities ; unemployment duration ; Jenkins discrete time …

the market-clearing level must reduce employment. Empirical findings suggest, however, that this might not always be the … competitive labour market with friction. -- minimum wage and employment ; minimum wage paradox ; friction and search in the labour …