PTR across countries are significantly affected by policy and institutions. In particular policy measures geared toward … of social protection) to take up a part-time job. Moreover, other labour market institutions, including benefit systems …

in countries with different labor market institutions. If labor market institutions raise the relative wage of unskilled …. Instead in the US, where wage-compressing institutions are weaker, firms invest more in high-skilled workers. We provide …

. When we evaluate the use of AWAs against unemployment, there is also evidence that the jobless are entering AWAs as …

, this transformation took place within just a few years. Until the mid-2000s job opportunities were scarce and unemployment … was high. But since then labor demand has picked up and unemployment has dropped substantially. In contrast to the earlier … jobs because no major reforms to labor market institutions were recently implemented in the region. Instead, the main cause …

This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …

compared to other non-western immigrants but they still suffer from high unemployment. The study also documents that the …