This paper extends to different indicators of labor underutilization the Updated Okun Method (UOM) for estimation of potential output proposed in Fontanari et al (2020), which, from a demand-led growth perspective, regards potential output as an empirical approximation to full-employment output,...

Conflicts of interest over the generosity and structure of redistribution and social insurance (call these jointly: social policy) include that between the relatively poor and wealthy - which theoretically produces the famous median-voter result that democratic demand for broad redistribution...

This paper explores the connection between unemployment and subjective well-being in Finland by using cross-sections for the years 1990, 1996 and 2000 from World Values Surveys. An unprecedented increase in the national unemployment rate (from 3 to 17 per cent) did not produce a drop in the mean...

We seek to determine whether a United States President's job approval rating is influenced by the Misery Index. This hypothesis is examined in two ways. First, we employ a nonlinear model that includes several macroeconomic variables: the current account deficit, exchange rate, unemployment,...

Although it is now widely-accepted that unemployment is associated with sharply lower levels of individual well-being, relatively little is known about how this effect depends on unemployment duration. Data from three large-scale European panels is used to shed light on this issue; these data...

We investigate factors affecting the job search channels (newspapers, agency, informal network, direct contact, internet) of unemployed individuals in Italy using a multivariate probit model. We separately analyse unemployed individuals who lost their job or who are entering the labour market...

Marginal employment, so-called Minijobs, represent a significant part of the dependent employment in Germany. In 20121 and 2016 the RWI conducted a survey and interviewed marginally employed workers and employers with marginally employed workers in North Rhine-Westphalia. The results of the...

Differences in regional unemployment in post-communist economies are large andpersistent. We show that inherited variation in human-capital endowment across the regionsof four such economies explains the bulk of regional unemployment variation there and weexplore potential explanations for this...

This paper takes a fresh look at the analysis of labour market dynamics and argues thatcapital accumulation plays a fundamental role in shaping unemployment movements. Thisrole has generally been examined by considering indirect transmission channels of thecapital stock effects, i.e. using...

This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in asearch model with heterogeneous multiple-worker firms. In our setup, PMR modifies thedistribution of firm productivities, thereby affecting the equilibrium rate of unemployment...