Unemployment is the most serious economic and social problem currently confronting the European Union. Although the … increase, despite a plethora of active labour market policies to combat it. Unemployment in Europe: Problems and Policies asks … why European unemployment is so high and looks at the policies designed to curb it. The volume examines: Why European …

In this paper, the correlation between unemployment rate and real output for OECD countries was analyzed through the … application of Okun's Law and unemployment hysteresis 2007-2022. For this purpose, panel error correction, panel cointegration …, ARDL Bounds Test and Granger causality techniques were preferred. In addition, unemployment hysteresis was examined with …

, that frictions (sand-in-the-wheels) may decrease unemployment and that the equilibrium is determined by two simple …

I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces … that deliver a constant steady state unemployment rate in this setting. Labor-saving technical change increases … unemployment, which lowers wages and creates incentives for future investment in labor-using technologies. In the long run, this …

Unemployment influences people’s life satisfaction beyond negative income shocks. A large body of literature … investigates these non-pecuniary costs of unemployment and stresses the importance of social identity and therefore social norms … experiment to compare unemployment-related life satisfaction losses between different cohorts of East and West German women. We …