reducing utility and the benefits of leisure. This is contradicted by many empirical studies showing that unemployment is a … chosen to maximise profit. Including taxation to fund unemployment benefits and public goods, we show that switching from …-satisfaction; bargaining ; unemployment …

value-added can raise unemployment. …

The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … changes in regional unemployment. Accounting for the fluctuations in composition of the employees is important for the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …

of the individual is high compared to the bargaining power of the union, there is more unemployment with individual wage … vacancy is sufficiently high, there is more unemployment with individual wage setting. Finally, for a constant marginal … bargaining produces more unemployment. …

unemployment was relatively slow with respect to sustained economic growth. Following Holden and Wulfsberg (2009), we compute a …

age unemployment. Public transfers to early retirees may produce efficiency gains even if they have a negative effect on …