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, including labor market segmentation. This particularly concerns reforms in: (1) employment protection, i.e. dismissal protection … and restrictions on fixed‐term contracts; (2) unemployment benefit generosity and coverage; and (3) the intensity of … extent these reforms have led to more or less dualized labor markets in terms of dismissal protection, the provision of …
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We explore the interaction between labour market reforms and financial frictions. Our study combines a new cross-country reform database on labour market reforms with matched firm-bank data for nine euro area countries over the period 1999 to 2013. While we find that labour market reforms are...
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mainly driven via STW. US unemployment rose at an unprecedented rate, but unlike in previous recessions, it was mostly driven …
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"The labor markets of important OECD countries show a similar picture: high wages and low unemployment for skilled … workers and low wages but high unemployment for low-skilled workers. During the last 10 years this fact has been studied under …
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