Despite a rapid decrease in unemployment and strong GDP and employment growth, real wages barely increased in Spain …

We measure the contribution of worker flows across employment, unemployment, and non-participation to the change in … unemployment in eleven EU countries during the period 2006-2012, paying special attention to which socio-demographic groups in each … larger extent than educational attainments, is the main determinant of flows from employment into unemployment, particularly …

Unemployment in Europe is excessively high on average, and is divergent across countries and population groups within … policies is needed to fight unemployment more effectively. …

-Pissarides economy with firm-specific productivity shocks. Our main theoretical results are two-fold. First, unemployment is lower under …-out of sector-level agreements suffices to bring unemployment down to its level under decentralized bargaining. …

total population. The rapid increase in unemployment associated with the Great Recession and the subsequent European debt … outflows. In this paper, we take on three tasks. First, we show that sensitivity of migration flows to unemployment is similar … emigration rates growing, thus counterbalancing the effects of outflows due to the recent fall in the unemployment rate. …