The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labor market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …

The aim of this paper is to analyze and estimate salient characteristics of unemployment dynamics. Movements in … unemployment are viewed as "chain reactions" of responses to labour market shocks, working their way through systems of interacting … lagged adjustment processes. In the context of estimated labour market systems for Germany, the UK, and the US, we construct …

micro-data for France, Germany, the UK and the US, we study their decisions to migrate to one of the four countries using a … immigrant networks and negative effects of unemployment rates. In addition, we find that employment protection, union coverage … and unemployment benefits have positive effects on migration. Also good education and health systems tend to attract …

that a crucial role in this process has been played by the institutional framework affecting flexibility in the labour …

Measured by changes in real wages, earnings inequality and unemployment, the economic position of lower skilled workers … skilled workers in the "flexible" labor market of the United States and high and rising unemployment in "rigid" European labor … conventional skill-biased demand-shift story offers a compelling explanation for the rise in unemployment rates experienced by most …

goal of the paper is to evaluate the labor markets rigidities hypothesis. Although greater wage flexibility probably …