unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …

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 …

This paper provides an assessment of the consistency of unemployment and output forecasts. We show that, consistent … with Okun’s Law, forecasts of real GDP growth and the change in unemployment are negatively correlated. The Okun … coefficient—the responsiveness of unemployment to growth—from forecasts is fairly similar to that in the data for various …

This paper reviews conceptual linkages between taxation and unemployment, available empirical evidence and country … policy advice on these issues, and tax policy options in addressing the unemployment problem. It concludes that the emphasis … unemployment …

The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using … flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment … and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing …

employment and the level of unemployment in a two-sector economy with a heterogenous work force. Efficiency wage considerations …

This paper examines the effect of trade reform on wages and unemployment in a two-sector, three-good economy in which …, lowers wages in all production sectors in the short and the medium run but has an ambiguous effect on unemployment. Although … employment and production of exportables expand in the medium run, the unemployment rate may rise or fall depending on whether …

The paper examines the employment and unemployment implications of permitting unemployed people to use part of their … unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment … benefits into employment subsidies--“benefit transfers” for short--would help replace the unemployment trap by an incentive to …

The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy …’ ability to predict some salient stylized facts about unemployment behavior. The paper considers four types, of policies …