-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …In this study we examine the contribution of severance pay to employment and unemployment development using data on … collective bargaining coordination, the role of institutions is also more muted than suggested in the literature …

indicator -- and our macro performance outcome is the unemployment rate. Independent of the role of other institutions, good … relations ; labor market institutions ; unemployment … industrial relations do seem to matter: greater strike volume is associated with higher unemployment. Holding country effects …

indicator - and our macro performance outcome is the unemployment rate. Independent of the role of other institutions, good … industrial relations do seem to matter: greater strike volume is associated with higher unemployment. Holding country effects …

involves conditioning elapsed duration on completed unemployment duration in the reservation wage equation. Our analysis … duration coefficient suggests that higher reservation wages negatively influence the probability of exiting unemployment …. -- reservation wages ; unemployment duration ; control function …