In New Classical and New Keynesian thinking, the cross-country pattern of unemployment reflects prevailing equilibrium … employment (and unemployment). …

This paper tests whether a wage curve—a negative relationship between unemployment and pay—existed in Santiago, Chile … reforms, women’s pay falls three times more than men’s when unemployment doubles. Also, non-university educated and public … sector workers have suffered greater pay decreases from unemployment. Workers in the informal sector do not experience a drop …

This paper presents an empirical estimation of the correlation between wages and regional unemployment rates in Turkey …, more specifically it explores the role of regional unemployment rates in wage determination. The analysis builds upon a … series of recent empirical studies on the wage-unemployment relationship, now commonly known as “the wage curve,” a downward …

This paper examines the relationship between unemployment and labor market flexibility. The latter is considered in the … flexibility, labor market institutions, the trade-off between unemployment and inequality (the so-called unified theory), social … policy, and Beveridge curves. With the exception of ambiguous evidence on the duration of unemployment insurance benefits …

Measured by changes in real wages, earnings inequality and unemployment, the economic position of lower skilled workers … skilled workers in the "flexible" labor market of the United States and high and rising unemployment in "rigid" European labor … conventional skill-biased demand-shift story offers a compelling explanation for the rise in unemployment rates experienced by most …

inequality and unemployment, blames low skills for high earnings inequality in the U.S. and U.K., and attributes high European … unemployment to institutional constraints. This paper finds little evidence of a tradeoff between earnings inequality and … unemployment across OECD countries, and while welfare state institutions aimed at employment, unemployment, and wage protection …