on Latin America, and addresses the question of whether Latin America has now succeeded in breaking with its history of …

The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a … high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment …

the social transfer system in Belgium. Belgium has a very accessible and equitable health care system. The system is …

The review outlines a simple analytical model to explain the unemployment puzzle, especially the U-curve phenomenon. It …

various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …

relatively minor intervention can dramatically increase the fragility of jobs, the length of unemployment spells, as well as the … extent of unemployment and labor market churning. With institutions of the type studied here common across many different …

The methodology used in this paper has three distinguishing features: the natural rate of unemployment and potential … output are jointly estimated; estimation integrates wage and price data with “real” and structural data; and third, the …

This paper presents empirical estimates of the policy and structural determinants of the natural rate of unemployment … real wages to their equilibrium level. Estimates are presented showing how the generosity of the unemployment insurance … system is related to past levels of unemployment. The empirical results indicate that government policies have been largely …