among firms affects simultaneously growth and unemployment. On the one hand, an increase of the elasticity of substitution …

that such rules are cost monotonic and induce also population monotonic allocation schemes.Another characteristic of …

delivers a population monotonic allocation scheme.A conewise positive linearity property is one of the basic ingredients of an …

This paper investigates the impact of individual asset holdings on the probability of leaving unemployment. According … to the theory, higher levels of financial wealth will result in higher reservation wages and longer unemployment … out of unemployment. In particular, negative levels of wealth increase significantly the hazard of leaving unemployment …

low quality workers to leave the labor force can increase national income. Moreover, the operation of such a benefit … this setting, small migration flows can bring about large changes in transfer levels and in labor participation rates. The …