In this paper we study the structure of labor market flows in Spain and compare them with France and the US. We … higher than in France, while the job loss rate is much higher, putting Spain half-way between France and the US. This …

This paper compares models used to explain OECD unemployment. The models suggest that the ?natural rate of unemployment …

real wages and low unemployment result. With an intermediate view, i.e. when partial equilibrium effects within a sector … are taken into account, high real wages and unemployment result. If all general equilibrium effects are considered at once …, low real wages and low unemployment again result. The assumption that unions and employers? federations are not able to …

In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its … steady-state unemployment, but also slow down the transitional dynamics. We then provide an empirical illustration based on a … persistence of unemployment. …

While much empirical research has been done on the labour market consequences of unemployment benefits, there is … against the possibility of unemployment and unemployment benefits increase the unemployment rate. We then conduct, what we … believe, is one of the first empirical analyses of the determinants of the parameters of the unemployment benefit system …

This paper studies effects of unemployment and labour market programmes on real wages in the Czech and Slovak Republics … unemployment elasticity of pay is, however, higher in the Slovak Republic, than in the Czech Republic. The wage subsidy and the …

(unemployment generosity, tax wedge, active labour market policies, employment protection legislation, product market regulation …