Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate … procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous participation in a … variabilities but also generates strongly countercyclical unemployment rates. With some wage rigidity the model also matches …

s as unemployment and lack of opportunity in the formal sector deterred candidates from in-migrating. The Nairobi labour … considerably. In the 1990s the combination of higher unemployment, lower female participation rate and reduced migration of males …

characteristics of employment and unemployment in the country. This study, which presents the principal results of the survey, helps …

detailed picture of the main characteristics of employment and unemployment in the country. This study, which presents the …

distribution of firm characteristics, sorting patterns between firms and workers, and unemployment rates that can help explaining …

education groups, and the increase in unemployment at all levels of education. In contrast, in previous literature this type of … overeducation is key to understand the response of unemployment to the technology shock. …

replacement rates or initial tax rates are high, while no increase in unemployment occurs when institutions are "employment …This paper explains the divergent behavior of European an US unemployment rates using a job market matching model of … the labor market with an interaction between shocks an institutions. It shows that a reduction in TF growth rates, an …

in explaining the variability of unemployment and vacancies. If we incorporate long-term wage contracts into the model …