to reduce the currently high unemployment among the low-skilled dramatically. Among the high-skilled, scarcities will …

performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that high taxes … increase unemployment, while active labour market policies tend to reduce it. We also show that stricter employment protection …

interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We … as well as decreased banking concentration reduce unemployment if the level of labour market regulation, union density …

increase in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …