The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …

unemployment through hysteresis effects that occur through the rise in long-term unemployment. The estimated increase in structural …The global recession is likely to results in higher structural unemployment for some time in many OECD countries. This … paper assesses how the shock to aggregate unemployment as a result of the economic crisis may be transmitted to structural …

present resulting from the Great Recession of 2007–09. We assess the human cost of increased unemployment by surveying what …

Since the financial meltdown of 2007, unemployment has consistently been above 6.0 percent. On one level, long …-term unemployment can be accounted for by structural changes. But, on another level, the problem of long-term unemployment is really no …. Because long-term unemployment in this recession is a function of a particularly deep recession, a new approach is needed …

adjustment: employment, unemployment and active labor market policies. On the one hand increasing economic pressures intensified … the pace of the changes. On the other hand signals of hysteresis on the supply-side of the labor market may be identified …: worsening efficiency of job-search, growth of long-term unemployment, increasing level of NAIRU. Since the flexibility of the …

composition of employment. The analysis for Belgium shows that the crisis was accompanied by a less than proportional contraction …-skilled young people. The increase in long-term unemployment points in turn to the threat of a rise in structural unemployment …

that long-term unemployment is only weakly related to inflation depends on the assumption of linearity in the Phillips … curve. Specifically, once convexity is allowed for during the estimation process, long-term unemployment appears to have a … significant negative influence on wage inflation, whereas in a linear Phillips curve model it is only the short-term unemployment …