the unskilled. By contrast, in Europe it is undoubtedly the rise and persistence of unemployment. Technology has been … identified as a key reason for the rising US wage inequality, while labor market rigidities are often cited as a key reason for … European unemployment. This paper seeks to provide a unified account of these major factor market developments. It models the …

composition in subsamples of the Current Population Survey extracts. This compositional change is specific to Miami, unrelated to … the Boatlift, and arises from selecting small subsamples of workers. We also show that conflicting findings on the labor …

earnings replacement rate. We explore the implications of these changes for the level of labor force participation among the … application and recipiency rates became two to three times as responsive to plausibly exogenous labor demand shocks …. Contemporaneously, male and female high school dropouts became increasingly likely to exit the labor force rather than enter …

This paper develops a simple framework for examining human capital accumulation, unemployment, and relative wages in a … statics are examined, including changes in educational capital and population, entry of new countries to the trading world …, technical change, and a productivity slowdown. We derive the consequences for the skilled-to-unskilled wage gap, unemployment …

This paper develops a framework for analyzing unemployment in terms of …distribution of the inflow Into unemployment are the primary determinant of …drive the recession. In contrast to normal unemployment, cyclical unemployment …