-size companies and depends on the nature of wage-bargaining systems. …

flexibility with state-provided unemployment insurance and can be applied only to new entrants in the market without affecting the …

moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates—a “wage curveâ … relationship with unemployment rates and business GDP. The paper also examines aspects of the European Central Bank’s monetary …

This paper asks how well Okun’s Law fits short-run unemployment movements in the United States since 1948 and in … the unemployment rate—varies substantially across countries. This variation is partly explained by idiosyncratic … features of national labormarkets, but it is not related to differences in employment protection legislation. …

affects private sector employment, the unemployment level, and the unemployment duration in the transition economies of … private sector and a high unemployment level of long duration. The paper also addresses the issue of the optimal (output …

-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare … German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …

Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment … large between 1996 and 2000 and undoubtedly contributed strongly to the exceptional employment performance during that …