The Spanish labor market is not working: the unemployment rate is structurally very high; wages are not very responsive … to labor market conditions, causing a high cyclicality of unemployment; and the labor market is highly dual. Compared … bringing the unemployment rate closer to the EU15 average. The key reform needed to reduce the share of temporary workers is …

equilibrium with unemployment always exists; and (ii) some of the unemployment is involuntary, in the sense that it consists of …

We read search theory's unemployment equilibrium condition as an Iso-Unemployment Curve(IUC).The IUC is the locus of … job destruction rates and expected unemployment durations rendering the same unemployment level. A country's position … unemployment level at which such preferences are satisfied Using a panel of 20 OECD countries over 1985-2008, we find employment …

may have increased unemployment. It is shown that it is likely to be so if they are associated with an increase in the …

unemployment, including the sharp rise in U.S. long-term unemployment during the Great Recession of 2007-09. About 75% of the … forecast error variance of unemployment is accounted for by cyclical factors-real GDP changes (?Okun‘s Law?), monetary and … dispersion of industry-level stock returns, account for the remaining 25 percent. For U.S. long-term unemployment the split …

employs the same or another worker, the vacancy rate increases and the unemployment rate declines. However, the scheme …

affects private sector employment, the unemployment level, and the unemployment duration in the transition economies of … private sector and a high unemployment level of long duration. The paper also addresses the issue of the optimal (output …

restrictions affects the outcome of the matching process and the natural rate of unemployment in Tunisia. The paper concludes that … the removal of firing restrictions is likely to produce a favorable but limited impact on unemployment in Tunisia …