reacts to regional employment shocks in a variety of cases. Shock responses are channelled via changes in unemployment …

inequality and employment. To this end, we use annual data for the US, UK and Sweden over the past forty years and estimate … contributions of the labour share to the trajectories of inequality and employment during specific time intervals in the post-1990 … years. We find that during the nineties the cost of a one percent increase in employment was in the range of 0 …

investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … stylised labour demand equation and show that the labour share is a driving force of employment. We substantiate our analytical … exposition by providing empirical models of wage setting and employment equations for France, Germany, Italy, Japan, Spain, the …

investigates its impact on the evolution of employment. Whilst maintaining the assumption of a unitary long-run elasticity of wages … stylised labour demand equation and show that the labour share is a driving force of employment. We substantiate our analytical … exposition by providing empirical models of wage setting and employment equations for France, Germany, Italy, Japan, Spain, the …

This paper analyses the e¤ects on employment of increasing the stock of public capital. To this end, we derive a wage … respect to wages, a rise in public capital increases employment. The estimation of a structural model for the Spanish private … and positive direct influence on employment, and indirect e¤ects derived from lower wages and higher economic growth …

This paper provides a new rationale for the positive effect of public capital stock on employment and wages. We show … that higher levels of public capital reduce wages along the wage equation and enhance employment due to the resulting … employment, capital stock and gross domestic product, and (ii) that the wage channel is particularly important for employment. …