Many countries in Africa suffer high rates of underemployment or low rates of productive employment; many also … growth of firms and distort the allocation of resources away from better-performing firms, hence reducing their potential for … world. The poor business environment, driven by limited access to finance, and the lack of availability of electricity, land …

mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …

mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …

mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …

of aggregate unemployment in postwar data. While this range may seem wide it is an indication that the importance of …

stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment … the rise in trend unemployment in Germany in the 1980s or for a possible rise in trend unemployment in the United States … following the Great Recession. -- Sectoral shifts ; reallocation ; natural rate ; unemployment ; turbulence ; stochastic …