We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …

unemployment. Significant asymmetries emerge. Lilien's dispersion index is significant only for relatively high levels of … unemployment and becomes insignificant for low levels suggesting that reallocation affects unemployment only when the latter is … high. More job reallocation is associated with higher unemployment. …

unemployment or faster growth. Weak output growth after such a cost shock is somewhat puzzling and has led some to question the … structurally slower real wage growth, that is, quot;wage moderation,quot; does raise output growth and lower unemployment rates …

Spain has the most serious and persistent unemployment problem in Europe, with an unemployment rate that reached 24 ….6 percent in early 1994. This paper explores the characteristics of this unemployment problem, its causes, and provides a brief … adjust. The effects of generous unemployment benefits and the large underground economy may explain 6-12 percentage points of …

economic pursuits can enhance the effect of structural transformation on economic growth. This study examines Ghana’s recent … setback to Ghana’s economic progress and plans, but these challenges also underscore the need for structural transformation …

economic pursuits can enhance the effect of structural transformation on economic growth. This study examines Ghana's recent … setback to Ghana's economic progress and plans, but these challenges also underscore the need for structural transformation …