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The effects that the economic crisis triggered by COVID-19 is having on unemployment could hardly differ more than in … of the European Union (EU-27) managed to keep unemployment in check largely through heavy reliance on short-time work or … similar measures, the United States has been experiencing mass unemploy-ment reminiscent of the Great Depression of 1929 …
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the pandemic. We assess how the likelihood of the working-age population falling into the unemployment pool varies before …
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cover pandemics have a change in trend and persistence in growth, and in level and persistence in unemployment. We find that … in recent times seem to have a permanent effect on growth. Moreover, our results show that the unemployment rate …
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In theoretical literature, the effects of employment protection on unemployment are ambiguous. Higher employment … can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and …
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