This paper provides evidence for a positive effect of total factor productivity growth on unemployment in cross …-country regressions for OECD countries. The paper explains this empirical result with an exogenous growth model with unemployment due to … implies cross-country differences in unemployment rates due to differences in the steady-state capital-output ratios. In turn …

I construct and analyze a growth model in which technical change can increase unemployment. I first analyze the forces …, this change leads to faster growth in output per worker and wages, but it also yields higher unemployment and a lower labor … that deliver a constant steady state unemployment rate in this setting. Labor-saving technical change increases …

) characterize responses of unemployment to productivity changes for a general matching technology; and (3) show how a matching … to fill vacancies, but search frictions prevent firms from instantly hiring available workers. Unemployment persists … unemployment responds to productivity changes depends on resources that can be allocated to job creation. Yet, this …

negative correlation between unemployment and vacancies. To address this, I extend the model by incorporating wage rigidity and … between unemployment and vacancy rates …

This paper investigates the consequences of skill loss as a result of unemployment in an efficiency wage model with …, this will result in a lengthy adjustment process with substantial long run unemployment effects. Moreover, the model is …

persistent unemployment level, and wages stickiness. On the aggregate level, we observe a self-enforcing process of real income … growth and average productivity growth. Model simulations allow us study the role of dynamic interactions among agents … processes governing the labor market, such as job search by individuals, and matching and bargaining among firms and potential …

This paper develops a model of equilibrium unemployment with (unobservable) endogenous on-the-job search and (partly …. Moreover, it is shown that the neglect of endogenous but not observable behavior in the empirical literature on labor matching … leads to systematically biased estimates of the matching elasticities, posing a caveat on the results of previous studies …

all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a …

mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network. -- efficiency …