impact on public debt and the impact on other macroeconomic variables (unemployment and growth). The main results are the … have a statistically significant and negative effect on the current unemployment rate and a positive effect on the previous … period's unemployment rate. Intuitively this can be explained by noting that when privatization is announced the accompanied …

in the formal or in the informal sector. We analyse the impact of higher punishment fees and a higher audit rate on wages …, sector division, unemployment and welfare. …

skills during the experience of unemployment. Within a search and matching model, we show that all natives and immigrants are …

skills during an unemployment experience. Within a search and matching framework, we show that both natives and immigrants …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …