product and in labour markets, in the determination of sectoral employment growth in Italy during the last forty years (1951 … markets were quantitatively more important than changes in product markets in the determination of sectoral employment growth … remained constant after 1973, our simulations suggest that, on average, industrial and service employment would have been …

product demand can affect employment under these conditions. The analysis suggests that the longer-term effectiveness of …

employment are determined by optimizing choices in an imperfectly competitive setting. It turns out that underemployment …

This paper derives and then estimates a model of employment where unions and firms bargain over wages and possibly … employment, and efficiency wage considerations may be important. It illustrates the difficulties involved in interpreting many … existing attempts to discriminate between alternative models. The results (based on over 200 UK firms) suggest that employment …

negotiations. Wage and employment decisions are assumed to be made before business conditions are known; thus these decisions … effectiveness of various government policies on production, employment, and pricing. Hysteresis is shown to be a special case in a …