demand and supply shocks are opposite to those of the standard case and result in a co-movement of unemployment and … economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … explain movements of unemployment and underemployment in opposite directions. Finally, we show that uctuations in the total …

and cost shocks can explain movements of unemployment and underemployment in opposite directions, while demand and supply …In this paper, we show that underemployment and not necessarily high unemployment becomes the main measure of economic … employment record and the absence of wage pressures despite low unemployment rates after the Great Recession …

demand and supply shocks are opposite to those of the standard case and result in a co-movement of unemployment and … economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total …

involuntary unemployment is the most important empirical choice. …

This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal … production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment. …

. -- Computable general equilibrium model ; labour market ; labour supply ; labour demand ; microsimulation ; involuntary unemployment …This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal … production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment …

unemployment, and interregional labour migration. The RHOMOLO model is parameterised by estimating the key structural parameters … assess the impact on regional labour markets. Our results confirm that wages and unemployment are by far the most important … labour supply is non-linear and spatially inter-dependent, which underlines the importance of the proposed dynamic spatial …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …

The objective of this paper is to introduce a new measure of the average duration of unemployment spells using Canadian … unemployment in a non-technical way by focusing on the distinction between it and the average incomplete duration of unemployment … average complete duration of unemployment is a more accurate indicator of prevailing labor market conditions, but some …

This paper examines the robustness of a measure of the average complete duration of unemployment in Canada to a host of … assumptions used in its derivation. In contrast to the average incomplete duration of unemployment, which is a lagging cyclical … that a non steady state estimator would be a valuable compliment to the statistics on unemployment duration that are …