In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …

lead to substantially various reform programs in particular countries due to the heterogeneous political pressure of the …

reforms is positively associated with the unemployment rate, the simultaneous implementation of fiscal consolidation measures … unemployment rate in the short run when they are approved during contractionary periods-while they have a non-significant effect …