This paper analyses the impact of the business cycle on labour market dynamics in EU member states and the US during the first decade of the 21st century. Using unique measures of labour market flows constructed from worker-level micro data, we examine to what extent macro shocks were...

This paper analyses the impact of the business cycle on labour market dynamics in EU member states and the US during the first decade of the 21st century. Using unique measures of labour market flows constructed from worker-level micro data, we examine to what extent macro shocks were...

I consider the concept of employment insecurity and provide new evidence for 1997 and 2005 for many countries with widely differing institutional contexts and at varying stages of development. There are no grounds for accepting that workplaces were going through a sea-change in employment...

How have labor market institutions and welfare-state transfers affected jobs and productivity in Europe? Many studies have tackled this question, with mixed results. This paper proposes an eclectic approach and gives a clearer answer to the issue.Orthodox criticisms of European government...

We show how the differences in US and European institutions can arise in a normative model. The paper focuses on the labor market and the government's decision to set unemployment benefits in response to an unemployment shock. The government balances insurance considerations with the tax burden...

Saddam Hussein's unexpected 1990 invasion of Kuwait forced 300,000 Kuwaitis of Palestinian descent to flee into Jordan. By 1991, this large exogenous population shock increased Jordan's population by about 10 percent. Jordanian law allowed these refugees to work, live, and vote in Jordan...