causes of the unemployment upturn in 1973-1983 and the subsequent decline in 1993-2006. Our results show that (i) the main … determinants of the unemployment rise in the 1970s and early 1980s were wage-push factors, the two oil price shocks and the … increase in interest rates, and (ii) the acceleration in capital accumulation was the crucial driving force of unemployment in …

unemployment remains unclear. Existing econometric estimates exhibit substantial variation, and it is therefore difficult to draw … observations on the effect of EPL on unemployment from 75 studies. Once we control for publication selection bias, we cannot reject … the hypothesis that the average effect of EPL on unemployment is zero. The meta-regression analysis, which investigates …

The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We …, tighter credit leads to lower output, lower number of vacancies, and higher directed-search unemployment. Where workers are …