This article argues in favor of drawing a distinction between the concepts of labour rationing and unemployment, the … unemployment, are put forward. Lucas’ widely accepted view that some job alternatives are always available will thereby be … challenged. In part three, the relationship between labour rationing and (involuntary) unemployment is examined in the context of …

the unemployment rate and increases the employment rate. From a theoretical point of view, higher progressivity induces a … average wage, we show that a more progressive taxation reduces the unemployment rate and increases the employment rate. These …

This paper builds a macroeconomic model of equilibrium unemployment in which firms persistently face difficulties in …, equilibrium unemployment is a U-shaped function of the ratio of total demand to total supply on this market. When prices are at … their Competitive Search Equilibrium values, the unemployment rate is minimized. Yet, the Competitive Search Equilibrium is …

The aim of this paper is to disentangle four main acceptations of the unvoluntary unemployment concept, to be found in … the literature. The will be dubbed respectively as unvoluntary unemployment à la Keynes, à la Modigliani, à la Azariadis …, that unvoluntary unemployment à la Keynes is unacceptable within the neo-Walrasian research program. Part four examines the …

unemployment. Wages, labor demand and participation are endogenous. The government only observed wage levels. Under a Maximin … is increasing, marginal tax rates are positive everywhere, while wages, unemployment rates and participation rates are …

unemployment insurance and lower levels of search intensity and output in the second setting. To decenralize these optima …-linear tax schedule and an appropriate level of unemployment benefits. According to the level of the bargaining power, taxation …