By assuming Cobb-Douglas production technology, many well-known imperfectlycompetitive macroeconomic models of the … labour market (e.g. Layard, Nickell andJackman, 1991) imply that equilibrium unemployment is independent of the capitalstock …

It will be shown in this paper that unemployment rate due to technology use in production has an optimum (maximum) at a … critical point of technology use. For any technology use lower than this critical level the unemployment rate increases as … technology use increases, while the opposite takes place if technology use increases beyond this critical level. This paper …

differences defined by technology. In the aggregate time series relative unemployment is defined by educational unemployment … technology, maturing of the workforce, and growth of international trade reduce unemployment in the longer run. The same …We explore the response of employment (unemployment) skill differentials to skill-biased shifts in demand touched off …