increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age … and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … ground for the popular hypothesis that the recent rise in unemployment is driven by large and pervasive shifts in the demand …

equities, we examine equilibrium unemployment. While a mechanism of an efficiency wage brings about nominal wage rigidity …, unemployment occurring in our model definitely has Keynesian features. For instance, a reduction in wages rather enhances … unemployment through a decrease in consumption. In addition, our paper shows a possibility of Pareto improvement through an …

severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …

By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …

unemployment persistence. …

In this paper, we focus on and examine the empirical evidence of non- linearity in aggregate Canadian unemployment … reject the null hypothesis of a linear structure for Canadian unemployment. …

We calibrate an infinite-horizon model with endogenous growth and unemployment on actual data from the largest … taxes when financed either raising capital taxation or reducing unemployment subsidies. We find two main results: (i) with … lump-sum transfers, reducing labor taxes and unemployment subsidies is beneficial to both employment and growth, while …

employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial … to explain the high and persistent European unemployment. …