growth on unemployment compared to the standard matching model with disembodied technological progress. … unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into … faster growth to reduce unemployment by decreasing the separation rate and inducing job creation. We demonstrate that …

This paper studies the relationship between disembodied technological progress and unemployment in a standard search-matching … uncovers a new effect whereby an increase in growth intensifies the endogenous rate of job separation because it raises the … that disembodied technological progress increases the rate of unemployment. (Copyright: Elsevier) …

. Data from Japan shows that productivity growth reduces both unemployment and the proportion of nonregular workers to total … employed workers. In order to study the impact of long-run productivity growth on unemployment and non-regular employment, I … faster growth on unemployment is ambiguous. …

Until recently, the neoclassical growth theory and the neoclassical labour market theory have independently evolved … over time without communicating to each other. The neoclassical growth theory (Solow, 1956), born after the second world … war, assumes full employment. On the other hand, the unemployment theory (Friedman, 1968) turned the attention to the …

This paper addresses the large degree of frictional wage dispersion in US data. The standard job matching model without …-the-job search in a stochastic job matching model. Our key result is that the inclusion of variable on-the-job search increases the …

. This model yields a simple relationshipbetween (i) the unemployment rate, (ii) the value of non-market time, and (iii … andallow for measurement error. The estimated wage dispersion and mismatch for theUS is consistent with an unemployment rate of …

allowing on-the-job search. We obtain that the elasticity of unemployment with respect to growth shrinks from 1.63 to 0 … matching model in an economy with embodied technological progress and show that its dynamics are profoundly affected by … search process than the unemployed. Thus, we show that, rather than contributing to unemployment, creative destruction …

job applicants by employment status affects both the level and the persistence of unemployment and numerically that these ….) could potentially help to explain the high and persistent unemployment in Europe. …

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …