. Unemployment had reached its lowest levels for thirty years going in to the latest recession and has also remained relatively … subdued through the downturn, certainly compared to previous recessions. A combination of lower inflow rates into unemployment …

Unemployment varies substantially over time and across subgroups of the labour market. Worker flows among labour market … states act as key determinants of this variation. We examine how the structure of unemployment across groups and its cyclical … over the last 35 years, we decompose unemployment variation into parts accounted for by changes in rates of job loss, job …

This paper documents the large cross-country differences in labor institutions that make them a candidate explanatory … evidence shows that labor institutions reduce the dispersion of earnings and income inequality, which alters incentives, but … finds equivocal effects on other aggregate outcomes, such as employment and unemployment. Given weaknesses in the …

We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications … reallocation of labor from agriculture to manufacturing and services, which have higher capital intensity and use resources more …