unemployment rate and the vacancy rate increase sharply, but those of output and total hours worked do not appreciably change. …

The present paper develops a three sector Harris-Todaro (1970) type general equilibrium model of unemployment by … effects of the inflows of foreign capital on the level of unskilled unemployment and skilled-unskilled wage inequality. We … find that an inflow of foreign capital raises the skilled- unskilled wage gap and lowers the level of unemployment of the …

Unemployment durations are determined by a number of factors. According to mainstream economics theory, unemployment … before the spell of unemployment will experience shorter spells of unemployment than workers who had a permanent contract … before. We adopt a flexible hazard rate model with a nonparametric baseline to analyse data on unemployment spells in Germany …

The paper is focused on problems of long-term unemployment, which strongly affect especially European labour markets …. Existing differences in the long-term unemployment during the entire period under consideration 1993–2009 are caused by … of the long-term unemployment has its significant economic and social consequences. If the situation of long …

costs with unemployment arising from unobservable effort. Key to its success is an insurance design that partially protects …