incentives as it reduces the attractiveness of remaining a low-educated worker. However, unemployment also increases …

of reforms reflect the interplay between economic shocks and existing institutions. The 2008 crisis was followed by …

This paper estimates the impact of fiscal consolidation on unemployment and job market flows across EU countries using … show that the impact of fiscal consolidation on cyclical unemployment is temporary and significant mostly for expenditure …-finding rate corresponds to a longer average duration of unemployment spells, fiscal policy shocks also tend to have a stronger …