terms of overtime labor; the resulting coefficient estimates are in accordance with theory and statistically significant for … in the microdata with the degree of sluggishness in inflation adjustment to output changes at the macro level. © 2014 …

, the resulting estimates, labor productivity, and the characteristics of informal sector production units. …

Regional labor market discrepancies have been widening in Belgium in the last two decades and are more evident within … particular demographic groups. These developments can largely be accounted for by worse matching of people to jobs in the high-unemployment … provinces. Using a structural VAR, it is also shown that labor market dynamics in Belgium produce a strong attenuating effect on …

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When … growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a … critical stage in the transition process, restructuring is accompanied by a decline in unemployment. When growth is …

protection legislation, unemployment benefits, active labor market policies, working-time regulations, family policies, equal …Most labor economics textbooks pay little attention to actual labor markets, taking as reference a perfectly … competitive market in which losing a job is not a big deal. The Economics of Imperfect Labor Markets is the only textbook to focus …

, France, Spain and Italy, from 1999 to 2013, estimating their long-term relationships. We focus on employment and unemployment … and current account rebalance and low inflation as the main consequences. Our main results are the following: a) public … partly balance a falling domestic demand; b) the unemployment-current account trade-off is a structural constraint to a lower …