may have increased unemployment, and shows that this is likely to occur if technological change is associated with an …

investigate how unemployment is affected by different labour market institutions (LMI) such as labour taxes, unemployment benefits …The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … have experienced a mild increase, other countries have had a stable unemployment rate, while there are also ‘successful …

This paper views movements in unemployment as the result of the interaction between: (a) lags in labour market … decisions; and (b) labour market shocks with temporary and permanent components. Two features of unemployment dynamics are … examined: (i) `unemployment persistence', arising when temporary shocks have persistent effects on unemployment; and (ii …

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 … - on the ability of these theories to predict some salient stylized facts about unemployment behaviour. The paper considers …

This paper evaluates two theories of unemployment: the natural rate theory (whereby unemployment is depicted as … fluctuating around a reasonably stable natural rate) and the chain reaction theory (which views movements in unemployment as the … unemployment not only in the short run, but in the long run as well. The reason is that, in the presence of growing exogenous …

Unemployment in Europe is a worrying phenomenon not so much because it hits 18 million people, but because it almost … unemployment rate. Thus, understanding the Italian unemployment and finding effective solutions for it, is useful to understand and …

dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour …

distribution of firm characteristics, sorting patterns between firms and workers, and unemployment rates that can help explaining …

We present a static model of aggregate demand and unemployment. The economy has a nonproduced good, a produced good … prices as parameters. We obtain the following results: (1) unemployment and unsold production prevail in equilibrium; (2 … and reduce unemployment. …