This paper examines the potential contribution of unemployment hysteresis theories to the understanding of the Belgian … prices in Belgium can cause a downward rigidity in real wages, given the multi-tier real wage bargaining process. Recent …

This paper examines the potential contribution of unemployment hysteresis theories to the understanding of the Belgian … Belgium can cause a downward rigidity in real wages, given the multi-tier real wage bargaining process. Recent initiatives …

In this paper we investigate whether unemployment traps exist and are significant in the transition from unemployment … into employment in Belgium. In order to assess them, we use panel data sample selection models. Specifically, we estimate a … periods of unemployment in the past is particularly important: long-term unemployed people have difficulties in re …

In this paper we investigate whether unemployment traps exist and are significant in the transition from unemployment … into employment in Belgium. In order to assess them, we use panel data sample selection models. Specifically, we estimate a … periods of unemployment in the past is particularly important: long-term unemployed people have difficulties in re …