, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates … institutional rigidities affecting unemployment impact inactivity along the same line. To cope with common problems related to the … data for unemployment insurance net replacement rates. Moreover, we check for interdependencies across product and labour …

effects vary with prevailing economic conditions and institutions. Impulse responses of aggregate outcomes (GDP growth … that some labour market reforms (e.g. of unemployment benefit systems and job protection) pay off more quickly in good …

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …

education are unequally distributed. Adequate funding for education institutions is not assured everywhere while inefficiencies …

While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …

, labour and financial markets) and employment performance. Our analysis includes unemployment, inactivity and jobless rates … institutional rigidities affecting unemployment impact inactivity along the same line. To cope with common problems related to the … data for unemployment insurance net replacement rates. Moreover, we check for interdependencies across product and labour …