that unemployment may arise in equilibrium because of the combination of uncertainty on product price and mismatch between …

This paper accounts for work sharing and unemployment in an efficiency wage model.The Solow condition holds when … prove that work sharing may have a reducing impact on unemployment …

system development and the quality of institutions influence a country’s capacity to take advantage of remittances. Among …

good, sold on a competitive market, and face demand-induced price fluctuations. It is then shown that unemployment may … arise in equilibrium because of both uncertainty of product demand and job mismatch. Unemployment does not arise, however … always prevails when there is free entry. Hence, unemployment may persist as long as the incumbent firms choose their skill …

institutions of labor market and remittances on unemployment. In our model, the remittances take the form of insurance against … involuntary unemployment. In this environment, it was shown that remittances sent by the diaspora provide consumption and savings … and increase the amount of national physical capital. Since the rate of unemployment decreases with the size of the …