composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …

, 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 …

2007 that include a longitudinal component. It first shows that sustained economic growth will reduce youth unemployment … reduce youth unemployment. Third, the analysis of labor market characteristics reveals that young graduates experience long … unemployment as they cue for high-skill jobs. Moreover, the public sector remains the main provider of employment opportunities for …

on their interactions with the profile of unemployment benefits and with active labor market programs. …

program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non … unemployment duration and probability of long term unemployment decrease. These effects are the largest when the program intensity …