Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited … variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment … pattern, which helps explain the lack of convergence in regional unemployment rates, is consistent with the presence of …

To the layperson, the upward trend in European unemployment is related to the slowdown in economic growth. We argue … that the layperson’s view is correct. The increase in European unemployment and the slowdown in economic growth are related …, and thus creates unemployment. Second, as firms substitute capital for labour, the marginal product of capital falls; over …

possible between different segments of the labour market, we concentrate on unemployment experience and wage growth for a panel …

and the unemployment rate in U.S. data since 1929. Second, it compares a new model of the economy developed in recent …

, or of central bank conservativeness are associated with lower unemployment and inflation. However the forward shifting of … changes in either labour taxes or in unemployment benefits to labours costs is larger the higher are those institutional … variables. The paper also considers the effects of those institutions on the choice of labour taxes and of unemployment benefits …

In this paper we analyse the underlying causes behind Spanish unemployment which is now at 24%. We interpret this … labour market institutions. Our aim is to explain the main sources of shocks to unemployment, and the most relevant features …