impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with … with more rigid labor market institutions. These effects are even larger for youth unemployment in the short term and long …-term unemployment in the medium term. Conversely, large upfront, or gradual but significant, comprehensive labor market policies have a …

employment and the level of unemployment in a two-sector economy with a heterogenous work force. Efficiency wage considerations …

This paper provides an assessment of the consistency of unemployment and output forecasts. We show that, consistent … with Okun’s Law, forecasts of real GDP growth and the change in unemployment are negatively correlated. The Okun … coefficient—the responsiveness of unemployment to growth—from forecasts is fairly similar to that in the data for various …

The Greek unemployment rate rose from 2 percent in the 1960s to 9-10 percent in the 1990s. This reflected the increase …

High and persistent unemployment, as well as its composition, e.g., high youth unemployment, suggests underlying …-section empirical evidence, point to a number of potential causes of structural unemployment in France. These Include the generosity of … long-term relative to short-term unemployment benefits, the minimum wage, the level of employers’ tax wedge, skills …