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domains with macro-structural relevance (employment protection legislation, unemployment benefits, wage setting). Reforms tend … improved activity rates and lower unemployment. …
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The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as …
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This paper analyses the main features and determinants of labour market reforms in the EU over the period of 2000 - 2011 using the European Commission LABREF database. The data suggests that the timing, focus, and geographical distribution of reforms reflect the interplay between economic shocks...
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