. Amongst the counterfactual implications are very low volatility of tightness, procyclical unemployment, and a positively …

unemployment, very low volatility of labour market tightness, and for a positively sloped Beveridge curve. These implications are …

Economists face difficulties explaining the strong cyclicality of US unemployment. This paper contributes both by … unemployment, and the results suggest an upper bound on how far they can go in explaining unemployment cyclicality. …

's skill level. We establish that, for young workers, unemployment incidence increases with skill in high-firing-tax countries … maintaining unemployment duration and the unemployment rate as decreasing functions of skill in all countries. Because of constant …

workers’ outside options. We document the negative selection into self-employment when workers enter from unemployment, and … contract out of unemployment. These facts call for a revision of active labor market policies in place …

In theoretical literature, the effects of employment protection on unemployment are ambiguous. Higher employment … can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and …

insiders to firing restrictions does not necessarily worsen unemployment. In fact, it may be the willingness of a majority of … unemployment and deteriorates efficiency. Moreover, we argue, that the concentration of firm ownership is likely to influence labor …

insiders to firing restrictions does not necessarily worsen unemployment. In fact, it may be the willingness of a majority of … unemployment and deteriorates efficiency. Moreover, we argue, that the concentration of firm ownership is likely to influence labor …

In theoretical literature, the effects of employment protection on unemployment are ambiguous. Higher employment … can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and …

In theoretical literature, the effects of employment protection on unemployment are ambiguous. Higher employment … can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and …