A model of the labour market under firing restrictions and endogenous quits is constructed. It is shown that in the spirit of Blanchard and Summers (1988), the model can generate multiple equilibria, with a low-quits/high-unemployment equilibrium coexisting with a high-quits/low-unemployment...

The article summarises the main findings of the Eurosystem’s 2012 Structural Issues Report (SIR) and highlights some specific aspects for Belgium. It describes the main developments on euro area labour markets since the start of the Great Recession and its impact on mismatches and long-term...

The present paper investigates the development of nonwage employment (NWE) in the context of sensible changes in economic structure, by increasing the relative importance of the services’ sector and labour force supply due to an expansion of higher education. We identify factors which favour...

Over the past decade, the share of jobs not controlled by the state has increased considerably, whilst employment in agriculture has declined, against the backdrop of ongoing urbanisation. Over 200 million people have been drawn into urban areas through official or unofficial migration, despite...

In developing countries, particularly in Algeria, the determinants of the integration of individuals to the labor market remain poorly understood. We exploit two employment surveys conducted among Algerian households in 1997 and 2007 by the National Office of Statistics. This work aimed at...