This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using … data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is …

We study how unemployment effects the over-indebtedness of households using the new European Household Finance and … to country specific results, the role of unemployment varies widely across countries. In Spain, France or Portugal, for … households plagued by over-indebtedness increased by more than 10%, suggesting that another unemployment shock could have a major …