We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment … real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

impeded by the system of social assistance. As a consequence, unemployment increased. … einer geringen Qualifikation behindert und zum Anstieg der Arbeitslosigkeit beigetragen. …

fundamentals of the economy negatively and imply low growth and high unemployment. An empirical index is constructed. In the period …

We develop a utility based model of fluctuations, with nominal rigidities, and unemployment. In doing so, we combine …-Mortensen-Pissarides model, with its focus on labor market frictions and unemployment. In developing this model, we proceed in two steps. We … effect on unemployment in the constrained e?cient allocation. We then focus on the implications of alternative real wage …

labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …

We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …

. Empirical results concerning Europe and selected other industrial countries reveal that the cyclical link between unemployment …

This paper investigates unemployment and labour market rigidities in OECD countries in 1983?1994. The central issue is … the taxation-unemployment relationship and whether this relationship is exogenous or simultaneously determined. Hausman … specification tests indicate that the impact of taxation on short-term unemployment is positive and exogenous whereas the …