and restrictions on fixed‐term contracts; (2) unemployment benefit generosity and coverage; and (3) the intensity of … unemployment benefits and access to ALMPs. In particular, we will provide some evidence on potential changes in hirings on …

commentators have argued that the subsequent rise in unemployment exceeded previous estimates of the elasticity of the unemployment …-term estimate of Okun’s coefficient implying that the deviation in unemployment during the crisis resulted from a larger output gap … period utilized. Focusing more on short-term fluctuations, changes in unemployment are decomposed to identify the association …

mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …