of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …

This paper investigates the importance of labor market institutions for inflation and unemployment dynamics. Using the … Unemployment Rigidities (UR) and those that cause Real Wage Rigidities (RWR). The two types of institutions have opposite effects … and their interaction is crucial for the dynamics of inflation and unemployment. We estimate a panel VAR with …

regional unemployment. Consequently, using detail individual data from 2004/2005, we analyze the annual hikes in the minimum … probabilities. Our results reveal that the minimum wage has had a significant impact on increasing regional unemployment and …

regional unemployment. Consequently, using detail individual data from 2004/2005, we analyze the annual hikes in the minimum … probabilities. Our results reveal that the minimum wage has had a significant impact on increasing regional unemployment and … reducing the employment probabilities of low-paid workers. -- minimum wage ; employment probability ; unemployment …

unskilled workers in the flexiwage economy and lower the unemployment in the minimum wage economy. This follows because … unemployment may be a source of competitive advantage due to the income effect. If the two countries differ only in terms of factor … endowments (but operate the same minimum wage) free trade moves the two countries towards an equalisation of unemployment …

domains with macro-structural relevance (employment protection legislation, unemployment benefits, wage setting). Reforms tend … improved activity rates and lower unemployment. …