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Capital Accumulation and Unemployment:New Insights on the Nordic Experience
Karanassou, Marika; Sala, Hector; Salvador, Pablo F. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
fundamental role in shaping unemployment movements. Thisrole has generally been examined by considering indirect transmission …-equation unemployment rate models... …
Persistent link: https://www.econbiz.de/10005861659
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Trade and Unemployment:What Do the Data Say?
Felbermayr, Gabriel J.; Prat, Julien; Schmerer, Hans-Jörg - Institut zur Zukunft der Arbeit <Bonn> - 2009
lower structural rate of unemployment. We establish this fact using:(i) panel data from 20 OECD countries, (ii) cross … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures … institutions do notappear to condition the effect of openness.... …
Persistent link: https://www.econbiz.de/10009360638
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Product Market Regulation, Firm Selection andUnemployment
Felbermayr, Gabriel J.; Prat, Julien - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This paper analyzes the effect of Product Market Regulation (PMR) on unemployment in asearch model with heterogeneous … rate of unemployment... …
Persistent link: https://www.econbiz.de/10005863042
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Inequality and Employment Sensitivities to theFalling Labour Share
Karanassou, Marika; Sala, Hector - Institut zur Zukunft der Arbeit <Bonn> - 2011
This paper aims at identifying the labour share (wage-productivity gap) as a major factor inthe evolution of inequality and employment. To this end, we use annual data for the US, UKand Sweden over the past forty years and estimate country-specific systems of labourdemand and Gini coefficient...
Persistent link: https://www.econbiz.de/10009353906
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Globalization and Labor Market Outcomes : Wage Bargaining, Search Frictions, and Firm Heterogeneity
Felbermayr, Gabriel; Prat, Julien; Schmerer, Hans-Jörg - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008
We introduce search unemployment à la Pissarides into Melitz’ (2003) model of trade with heterogeneous firms. We allow … effect of trade influences labor market outcomes. Trade liberalization lowers unemployment and raises real wages as long as …
Persistent link: https://www.econbiz.de/10005860638