, unemployment and inflation affect happiness as well as how institutional factors, in particular the type of democracy and the …

country model in which people move to maximize expected utility. Wages are set by unions, and unemployment emerges as an … model in which wage setting does not depend on unemployment benefits and taxes. These effects are dampened by the …

one of the most important dimensions of macroeconomic stability, the unemployment level. This is the first study in the … literature to address the relationship between fiscal decentralization and unemployment rate at the country level, especially … fiscally decentralized countries in general tend to experience lower unemployment rates. We also find, as theoretically …