by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …

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 …

The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …

that all the shortrun fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …

decreasing in the substitutability of worker types. This cost of search is then decomposed into three components: unemployment … workers being more choosy. The resulting equilibrium is not efficient. Unemployment benefits can reduce the loss by serving as …

This paper studies the relationship between the change in the unemployment rate and output growth using an approach …