This paper provides a unified account of the trends in unemployment and labor force participation pertaining to the … the United States, (ii) the similar but more pronounced decline in Europe alongside rising unemployment rates and (iii …) differences across European countries in the role played respectively by unemployment and labor force participation. The model …

that households with a participating wife are better able to deal with unemployment of the husband. A supplementary … sensitive to his own unemployment income if the wife is nonparticipating. This implies that unemployment benefits have a …

force participation is high and the unemployment rate is low (also for young workers). Among the unemployed there are … ; labor market reforms ; participation ; unemployment ; disability …

historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …

historically focussed on reducing unemployment (the tip of the iceberg), the group of inactive people (below the waterline) is much … larger. Therefore, we point to the clear limitations of the unemployment rate as the (single) key macro-economic indicator of … the health of the labour market. A parsimonious dashboard approach utilising the unemployment-to-population ratio and the …

that households with a participating wife are better able to deal with unemployment of the husband. A supplementary … sensitive to his own unemployment income if the wife is nonparticipating. This implies that unemployment benefits have a …

over this period, but ultimately explains little of the rise in unemployment. Third, only a small share of the increase in … unemployment can be attributed to the early retirement policies that were implemented in Europe from the 1970s up until the early … aiming to explain the European unemployment problem. …