In this paper we focus on the level of subjective well-being and its determinants among the unemployed as compared with those currently in paid labour. In theoretical terms, strongly contradictory views prevail on the effects of unemployment on subjective well-being. Whereas the traditional...

This paper analyses how collective bargaining affects the level and structure of labour and capital taxes in OECD countries by using cross-country-time-series data. Corporatist countries are found to have higher effective labor taxes on average during the 1970-1996 period. Effective capital...

This paper studies the migration behaviour of the unemployed in Finland, and analyses the causal effect of moving on individual employment status. In 1994 17 per cent of the labour force was unemployed and the unemployment rate exhibited a very slow decline in 1994-96. Over half of those who...

This paper presents cross-country evidence on a nonlinear Okun curve. The analysis is based on a simple error-correction model of unemployment. The model is estimated using a threshold model estimator. Evidence from 20 OECD countries for 1960-1997 gives support for the existence of...