levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real … wage rigidity leads to unemployment. If firms consider only partial equilibrium effects when choosing quantities, the …

, instead, favors unemployment-centric policy. One- and two-agent alternatives can show unanimous disapproval of inflation …

In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We … affect aggregate unemployment for an exogenously given minimum real wage. The bottom-line was that product market reforms … will help to reduce aggregate unemployment under most circumstances.Modeling a microfoundation of mark-ups, we have …

levels of unemployment. We consider a general equilibrium model where firms in one sector compete a la Cournot and a real … wage rigidity leads to unemployment. If firms consider only partial equilibrium effects when choosing quantities, the …

, unemployment, and business cycles. Great economists such as Marx, Veblen, and Schumpeter have examined this problem, concluding … fluctuations in the share of profits create inflation, unemployment, and business cycles. This generalization has been verified by … profit share is high, moderate inflation and employment were generated, and when profit share is low, inflation, unemployment …

unemployment benefits …