This paper studies the impact of product and labor market regulations on informality and unemployment in a general … regulations lead to a simultaneous reduction in informality and unemployment. The difference between these two policy options lies …

The Great Recession had a large impact on unemployment rates and growth in wealthy industrial countries. When the …

employment and hours affecting inflation dynamics via marginal costs. We find that the response of unemployment and inflation to … persistent movements of aggregate inflation. Moreover, the impact of a monetary policy shock on unemployment and inflation …