, which is among the highest in the OECD. The paper argues that policies should continue to tackle the high inactivity of … early stage. For the long-term unemployed, policies should be further strengthened by adjusting the unemployment benefit and …

crowding out, as public sector hiring reduces private employment but the net impact of unemployment is negative. These findings …

been predicted. But the standard measure of unemployment agreed at international level has some shortcomings. Its … “objective” definition of unemployment is a poor fit with the Italian labour market. Also, the considerable increase in labour … hoarding and the emergence of “semi-employment” – the alternation of brief periods of work with periods of unemployment or …

period when unemployment increased in Germany but fell in Britain and the US. I show that in this period, Germany experienced …

In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …

may have increased unemployment, and shows that this is likely to occur if technological change is associated with an …

disaggregate unemployment and in the cross-sectional differences across individuals of the duration of unemployment spells. The …-space model of Ahn and Hamilton (2016). I found that the contribution of each factor to the dynamics of disaggregate unemployment …

In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …