Isolated effects of labor and product market institutions as well as the interaction between both aforementioned … categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … individual labor market institutions have been widely neglected, mainly due to the infeasibility to correctly specify the model …

This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The simulations …

investigate how unemployment is affected by different labour market institutions (LMI) such as labour taxes, unemployment benefits …The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … have experienced a mild increase, other countries have had a stable unemployment rate, while there are also ‘successful …

of work. The immorality of consigning a portion of the workforce to the degradation of unemployment would be eliminated …

estimates a simple model to capture the effects of technology, globalization, institutions and product demand effects on the … attenuate the polarizing impact of routinization and that differences or changes in wage-setting institutions play little role …

Institutions can affect individual behavior both via their efficiency impact and via their risk reducing mechanisms … simultaneously extant institutions. This paper presents a simple model of institutional choice in a labor market when there is a risk …

political institutions and political rivalry on human capital accumulation and income inequality. Relating to the increasing … inequality. As regards the role of political institutions, our analysis suggests that the elasticities of human capital …