. 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 …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on … the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the … traditional Solow model, unemployment has neither an influence on long-run productivity growth nor on the long-run level of …

whether changes in matching frictions can explain the large and persistent increase in Mexican unemployment after the 2008 … unemployment rate. Hence, these results suggest that changes in matching frictions cannot explain most of the increase in … global financial crisis. We find evidence of a statistically signicant reduction in the efficiency of the matching function …

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …

We reassess the role of vacancies in a Diamond-Mortensen-Pissarides style search and matching model. In the absence of … joint unemployment and vacancy dynamics. We show conditions for constrained efficiency and discuss important implications of …

This paper extends the standard matching model by introducing a gap in separation costs between entrant and incumbent … introducing unrealistic unemployment responses to unemployment benefits …