This paper studies the relationship between disembodied technological progress and unemployment in a standard search-matching … uncovers a new effect whereby an increase in growth intensifies the endogenous rate of job separation because it raises the … that disembodied technological progress increases the rate of unemployment. (Copyright: Elsevier) …

reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the … the existing disagreement in the macroeconomic literature on the unemployment effects of Hartz IV. We find that Hartz IV … was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

-the-job search. For a benchmark calibration, a 1% increase in growth raises the unemployment rate by 1.72 percentage points in the …This paper studies the consequences of creative destruction on unemployment in a frictional labor market with on … unemployment through more frequent job separations, in the presence of on-the-job search, creative destruction induces a direct …

This paper surveys the use of search and matching models in macroeconomics. It outlines the standard model, discusses … macroeconomic questions such as business cycles, growth, and policy. Particular attention is given to the ability of the model to …

to the explanation of differences in unemployment rates in industrialized countries. The search and matching model is …The purpose of this chapter is twofold. First, it reviews the model of search and matching equilibrium and derives the … properties of employment and unemployment equilibrium. Second, it applies the model to the study of employment fluctuations and …

underlying theory is the search and matching model, with workers and firms engaging in costly search leading to random matching …. The Beveridge curve depicts the steady state of the model, whereby inflows into unemployment are equal to the outflows … from it, generated by matching. …

and by the need to reallocate workers across productive activities. The duration of unemployment and jobs and wage … policies on wages and unemployment. …