-taken to support the hypothesis that high rates of homeownership lead to high unemploy-ment via increases in the reservation …

unemployment in a range of EMU countries and to compare the results across countries. A time-series analysis is conducted in the … literature on capital stock and unemployment, before it deals with the theoretical model. This is followed by estimation and … hypothesis of the paper: capital stock is an important determinant of unemployment and wages in the countries considered for the …

The persistence of high unemployment has been one of the most puzzling developments of the past twenty years or so. In … the UK, unemployment averaged 2.1% between 1966 and 1973, and since 1974 it has risen to an average of 7.5%. The … prevailing view of the persistence of unemployment and of the continuous rise in the NAIRU is that explanations and solutions can …

the central role of aggregate demand in the EMU and at concerns about unemployment. It next examines the prospects of the … and as a means to alleviate the serious unemployment problem, the authors recommend that the European Central Bank be …