), we establish that the unemployment rate, the job separation rate, and the job finding rate exhibit a larger response to … of the state dependence in the unemployment rate, 76 percent for the separation rate and 36 percent for the job finding …

economic outcomes, including unemployment. In this paper, we examine the role of two key labour market institutions …

of firms, implying a reduction of the unions' expected bargaining power. Moreover, union heterogeneity constitutes an (un)employment … liberalization will increase (decrease) unemployment. …