Using new quarterly narrative evidence, this paper examines the macroeconomic impact of reforms of unemployment …

This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …

, generous unemployment insurance and active labor market programmes. It analyzes in which conditions flexicurity can be optimal …, with firms more likely to survive and thus not exposing much their workers to unemployment risk. Activation programmes … support the reallocation flow from unproductive to productive firms, helping to reduce unemployment. Low employment protection …

-country reform database on labour market reforms with matched firm-bank data for nine euro area countries over the period 1999 to …

Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

enterprise formation is adversely affected by economic risks, unemployment compensation, union power, and labor protection …

enterprise formation is adversely affected by economic risks, unemployment compensation, union power, and labor protection …