might have a positive impact on aggregate unemployment, while a demand shift from the primary to the secondary sector could …

bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances … even though sectoral unemployment may increase. We also highlight that the mobility of high-skilled workers and the … distribution of unemployment across sectors determine whether productivity improvements in one sector affect aggregate unemployment …

little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …

temporarily reduce unemployment and increase wages in periphery countries at the cost of somewhat higher unemployment in receiving …