We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …

This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … of the unemployment rate. Our novel contribution is the estimation of panel models where we allow for heterogeneous … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher …

of the unemployment rate and of worker transitions …

. The trends in Palestine and in non-GCC countries converge to some degree for a number of indicators in the years following … the Arab Spring, reflecting political and economic developments in the Arab region as well as in Palestine. Palestinians … deprivation trap. Economic prosperity and social stability in Palestine will prevail only once Palestinians' human rights …

This paper discusses GTAP-L, an extension of the GTAP model that allows for the analysis of U.S. simulated unemployment … are less either vacancies or separations. The GTAP-L model was calibrated to artificial employment and unemployment data …