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This paper analyses deviations from full employment in EU countries, compared with the US and the UK. We apply the Beveridge (full-employment-consistent) rate of unemployment (BECRU), derived from the unemployment-vacancies relationship. The BECRU is the level of unemployment that minimises the...
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This study evaluates a regional full employment initiative using the synthetic control method introduced by Abadie and Gardeazabal (2003). The aim of the Paltamo Full Employment (PFE) experiment launched in 2009 is to reverse the trend of high and persistent unemployment in contracting regions....
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