The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment; and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …

unemployment of an enterprise zone policy implemented in France in the 1990s. …

: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital … reducing unemployment, encouraging labour force participation, promoting skills, reducing governments’ budgetary pressures …

employed to unemployment facilitates a reduction in the level of employment protection; that unemployment benefits are lower …, the more employment reacts to wages; and that a higher level of unemployment and a right-wing government slow down the …

We propose a new econometric estimation method for analysing the probability of leaving un-employment using uncompleted … unemployment between the 1980s and 1990s during a period of labour market reform. We find that the relative probability of leaving … unemployment of the short-term unemployed versus the long-term unemployed becomes significantly higher in the 1990s. …

Theoretical predictions of the impact of TFP growth on unemployment are ambiguous, and depend on the extent to which … creative destruction effects by estimating the impact of TFP growth on unemployment in a panel of industrial countries. We find …-state dynamics of unemployment. Capitalization effects explain some of the estimated impact but a part remains unexplained. …

. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows …

This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as … fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the … unemployment not only in the short run, but in the long run as well. The reason is that, in the presence of growing exogenous …

We incorporate equilibrium unemployment due to imperfect matching into a model of trade in intermediate inputs (Ethier … each intermediate input. Steady state unemployment is reduced after trade integration because more vacancies are opened … firms that is often associated with deeper trade integration is unlikely, per se, to increase unemployment. …