Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … rate of unemployment' are not interchangeable. While NAIRU is an empirical macroeconomic relationship estimated via a … natural rate of unemployment relative to the NAIRU. The natural rate of unemployment in the USA since the Second World War is …

workers and firms. Most of the efficiency wage and bargaining theories predict that over the business cycle, unemployment … empirical support. Firm’s decision predicts that when the worker’s real wage exceeds the marginal product of labor, unemployment …We confront microeconomic theory with macroeconomic data. Unemployment results from two main micro-level decisions of …

micro-founded structural relationship between wage inflation and the unemployment rate under a sticky wage framework using …We present an empirical analysis on the New Keynesian Wage Phillips Curve (NKWPC), which is derived by Gali (2011) as a …

several questions unanswered, we focus our discussion on the trends in employment and wage inequality in context of developing … data. It draws attention to the determinants of wage rate and employment in Indian manufacturing vis-à-vis the foreign and …, capital intensity was the most dominant factor in determining the wage rate. On the other hand the high output per worker and …

, in many African countries, unemployment rates are low and growth is seldom jobless. Regrettably, most of the poor work … long hours and cannot make ends meet while the violation of basic human rights is not uncommon. Again, youth unemployment …

The main objective of this study is to investigate the long run trade-off between unemployment and inflation in Egypt … analysis confirm a positive relationship between changes in inflation rate and unemployment gap in the long run, which is … consistent with “Locus Critique” where a policy of inflation would fail to reduce the unemployment rate in the long run, because …

For U.S. recessions since 1948, we study paneled time series of (i) ExUR, the excess of the unemployment rate over the … maximum effect of NGAP on unemployment occurs with a lag of 2 to 3 quarters. …

The objective of this paper is to measure the impact of economic growth on unemployment in the Jordanian economy in the … long-run effect on unemployment. …

, supported employment and direct job creation measures show the most favourable results, both, in terms of reduced unemployment … reducing unemployment than other ALMP policies. Moreover, the positive effects seem to be particularly beneficial for the low …