Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …

serious pitfalls. Three canonical variates used in the literature – the minimum unemployment rate during a worker's time at … the firm (min u), the unemployment rate at the start of her tenure (Su) and the current unemployment rate interacted with … because a differential wage response to unemployment of new hires and incumbents will appear under both equal treatment and …

peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the …

with less perverse effect on unemployment. Time inconsistency is more likely due to lack of credibility than to the short …

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle …

We analyse the moderating effect of trade unions on industrial employment and unemployment in countries facing exposure … the industry sector employment of young and low-educated workers. We also show that the unemployment rates for low … countries, low-educated unemployment declines with robot exposure but from a higher starting point. Our results point to unions …

overly long unemployment durations. We examine the infuence of previous wages on unemployment durations for workers after …