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 …

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

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 …