greater the productivity gap from the leader country, but differences in unemployment benefit systems can lead to relative … social welfare benefits generate high unemployment and reduce the amount of labour employed for R&D purposes. Furthermore, it …

unskilled labour and transfer them from a high-unemployment to a low-unemployment sector. Programmes have a direct labour …-transfer effect which tends to reduce total unemployment. They also have effects on wages via expectations. The later effects were to … general, the net effect on unemployment is ambiguous. The model explains the conditions under which active labour market …

proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment …

), effective demand, and involuntary unemployment. …

proposes a model of monopolistic competition with an endogenous determination of workers flows in and out of unemployment …

uses the model to explore the long-run relationship between unemployment and growth. The rate of productivity growth is …. For inStance, an exogenous increase in the growth rate may raise the rate of efficiency-wage unemployment, and a once …-for-a1l rise in the labor force may reduce the unemployment rate in the endogenous-growth case. …

job applicants by employment status affects both the level and the persistence of unemployment and numerically that these ….) could potentially help to explain the high and persistent unemployment in Europe. …

employment status affects both the level and the persistence of unemployment and numerically that these effects are substantial … to explain the high and persistent European unemployment. …